Emails reveal how Hunter Biden tried to cash in big on behalf of family with Chinese firm
Hesam Seyed Mousavi, October 15, 2020
Hunter Biden pursued lucrative deals involving China’s largest private energy company — including one that he said would be “interesting for me and my family,”
One email sent to Biden on May 13, 2017, with the subject line “Expectations,” included details of “remuneration packages” for six people involved in an unspecified business venture.
Biden was identified as “Chair / Vice Chair depending on agreement with CEFC,” an apparent reference to the former Shanghai-based conglomerate CEFC China Energy Co.
His pay was pegged at “850” and the email also noted that “Hunter has some office expectations he will elaborate.”
In addition, the email outlined a “provisional agreement” under which 80 percent of the “equity,” or shares in the new company, would be split equally among four people whose initials correspond to the sender and three recipients, with “H” apparently referring to Biden.
Another email — sent by Biden as part of an Aug. 2, 2017, chain — involved a deal he struck with the since-vanished chairman of CEFC, Ye Jianming, for half-ownership of a holding company that was expected to provide Biden with more than $10 million a year.
Ye, who had ties to the Chinese military and intelligence service, hasn’t been seen since being taken into custody by Chinese authorities in early 2018, and CEFC went bankrupt earlier this year, according to reports.
Biden wrote that Ye had sweetened the terms of an earlier, three-year consulting contract with CEFC that was to pay him $10 million annually “for introductions alone.”
“The chairman changed that deal after we me[t] in MIAMI TO A MUCH MORE LASTING AND LUCRATIVE ARRANGEMENT to create a holding company 50% percent [sic] owned by ME and 50% owned by him,” Biden wrote.
“Consulting fees is one piece of our income stream but the reason this proposal by the chairman was so much more interesting to me and my family is that we would also be partners inn [sic] the equity and profits of the JV’s [joint venture’s] investments.”
A photo dated Aug. 1, 2017, shows a handwritten flowchart of the ownership of “Hudson West” split 50/50 between two entities ultimately controlled by Hunter Biden and someone identified as “Chairman.”
According to a report on Biden’s overseas business dealings released last month by Sens. Ron Johnson (R-Wis.) and Chuck Grassley (R-Iowa), a company called Hudson West III opened a line of credit in September 2017.
Credit cards issued against the account were used by Hunter, his uncle James Biden and James’ wife, Sara Biden, to purchase more than $100,000 “worth of extravagant items, including airline tickets and multiple items at Apple Inc. stores, pharmacies, hotels and restaurants,” the report said.
The company has since been dissolved, and Hunter Biden’s law firm, Owasco PC, was one of two owners, according to the report.
Biden’s email was sent to Gongwen Dong, whom the Wall Street Journal in October 2018 tied to the purchase by Ye-linked companies of two luxury Manhattan apartments that cost a total on $83 million.
Dong, who owns a sprawling mansion in Great Neck, LI, has been identified in reports as CFO of the Kam Fei Group, an investment firm based in Hong Kong.
The documents obtained by The Post also include an “Attorney Engagement Letter” executed in September 2017 in which one of Ye’s top lieutenants, former Hong Kong government official Chi Ping Patrick Ho, agreed to pay Biden a $1 million retainer for “Counsel to matters related to US law and advice pertaining to the hiring and legal analysis of any US Law Firm or Lawyer.”
In December 2018, a Manhattan federal jury convicted Ho in two schemes to pay $3 million in bribes to high-ranking government officials in Africa for oil rights in Chad and lucrative business deals in Uganda.
Ho served a three-year prison sentence and was deported to Hong Kong in June.
Neither Biden’s lawyer, the Joe Biden campaign, Gilliar, Dong nor Ho’s lawyers returned requests for comment, but Biden’s lawyer has previously said, “There is no need for comment on any so-called information provided by Rudy Giuliani.
“He has been pushing widely discredited conspiracy theories about the Biden family, openly relying on actors tied to Russian intelligence. His record of dishonesty in these matters speaks for itself,” lawyer George Mesires added.
Smoking-gun email reveals how Hunter Biden introduced Ukrainian businessman to VP dad
The computer was dropped off at a repair shop in Biden’s home state of Delaware in April 2019, according to the store’s owner.
Other material extracted from the computer includes a raunchy, 12-minute video that appears to show Hunter, who’s admitted struggling with addiction problems, smoking crack while engaged in a sex act with an unidentified woman, as well as numerous other sexually explicit images.
The customer who brought in the water-damaged MacBook Pro for repair never paid for the service or retrieved it or a hard drive on which its contents were stored, according to the shop owner, who said he tried repeatedly to contact the client.
The shop owner couldn’t positively identify the customer as Hunter Biden, but said the laptop bore a sticker from the Beau Biden Foundation, named after Hunter’s late brother and former Delaware attorney general.
Photos of a Delaware federal subpoena given to The Post show that both the computer and hard drive were seized by the FBI in December, after the shop’s owner says he alerted the feds to their existence.
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| A federal subpoena showing the computer and hard drive were seized by the FBI |
But before turning over the gear, the shop owner says, he made a copy of the hard drive and later gave it to former Mayor Rudy Giuliani’s lawyer, Robert Costello.
Steve Bannon, former adviser to President Trump, told The Post about the existence of the hard drive in late September and Giuliani provided The Post with a copy of it on Sunday.
Less than eight months after Pozharskyi thanked Hunter Biden for the introduction to his dad, the then-vice president admittedly pressured Ukrainian President Petro Poroshenko and Prime Minister Arseniy Yatsenyuk into getting rid of Prosecutor General Viktor Shokin by threatening to withhold a $1 billion US loan guarantee during a December 2015 trip to Kiev.
“I looked at them and said: I’m leaving in six hours. If the prosecutor is not fired, you’re not getting the money,” Biden infamously bragged to the Council on Foreign Relations in 2018.
“Well, son of a bitch. He got fired.”
Shokin has said that at the time of his firing, in March 2016, he’d made “specific plans” to investigate Burisma that “included interrogations and other crime-investigation procedures into all members of the executive board, including Hunter Biden.”
Joe Biden has insisted that the US wanted Shokin removed over corruption concerns, which were shared by the European Union.
Meanwhile, an email dated May 12, 2014 — shortly after Hunter Biden joined the Burisma board — shows Pozharskyi attempting to get him to use his political leverage to help the company.
The message had the subject line “urgent issue” and was also sent to Hunter Biden’s business partner, Devon Archer, who also sat on the Burisma board at the time.
Pozharskyi said that “the representatives of new authorities in power tend to quite aggressively approach N. Z. unofficially with the aim to obtain cash from him.”
N.Z. isn’t identified in the email but appears to be a reference to Burisma founder Mykola Zlochevsky, whose first name is a Ukrainian version of “Nicholas.”
When the alleged shakedown failed, “they proceeded with concrete actions” in the form of “one or more pretrial proceedings,” Pozharskyi wrote.
“We urgently need your advice on how you could use your influence to convey a message / signal, etc .to stop what we consider to be politically motivated actions,” he added.
Hunter Biden responded by saying he was with Archer in Doha, Qatar, and asked for more information about “the formal (if any) accusations being made against Burisma.”
“Who is ultimately behind these attacks on the company? Who in the current interim government could put an end to such attacks?” he added.
The exchange came the same day that Burisma announced it had expanded its board of directors by adding Hunter Biden, who was put in charge of its “legal unit and will provide support for the Company among international organizations,” according to a news release that’s since been scrubbed from Burisma’s website.
Hunter Biden actually joined the board in April 2014, according to multiple reports.
His lawyer said last year that Hunter was “not a member of the management team,” adding, “At no time was Hunter in charge of the company’s legal affairs.”
About four months after Hunter Biden’s correspondence with Pozharskyi, Archer forwarded Hunter Biden an email chain with the subject line “tax raise impact on Burisma production,” which included Pozharskyi saying that the Ukrainian cabinet had submitted new tax legislation to the country’s parliament.
“If enacted, this law would kill the entire private gas production sector in the bud,” Pozharskyi wrote.
In the Sept. 24, 2014, email, Pozharskyi also said he was “going to share this information with the US embassy here in Kyiv, as well as the office of Mr Amos Hochstein in the States.”
At the time, Hochstein was the State Department’s newly appointed special envoy and coordinator for international energy affairs.
In December 2017, the Naftogaz Group, Ukraine’s state-owned energy company, announced that Hochstein had joined the company as an independent director, but on Monday he announced his resignation.
“The company has been forced to spend endless amounts of time combating political pressure and efforts by oligarchs to enrich themselves through questionable transactions,” Hochstein wrote in an op-ed published by the Kyiv Post.
In addition to denying that’s he’s spoken to Hunter Biden about his overseas business dealings, Joe Biden has repeatedly denied any conflict of interest or wrongdoing by either of them involving Burisma.
Last February, he got testy during an appearance on NBC’s “Today” show when co-host Savannah Guthrie questioned whether it was “wrong for [Hunter] to take that position, knowing that it was really because that company wanted access to you.”
“Well, that’s not true. You’re saying things you do not know what you’re talking about,” the elder Biden responded.
Last December, Joe Biden also lashed out during a Democratic primary town hall event in Iowa, where a man accused him of sending Hunter to Ukraine “to get a job and work for a gas company, he had no experience with gas or nothing, in order to get access to . . . the president.”
“You’re a damn liar, man. That’s not true and no one has ever said that,” Biden fumed.
Biden then continued berating the man as he stepped forward, called the man “fat” and challenged him to “do push-ups together, man.”
The FBI referred questions about its seizure of the laptop and hard drive to the Delaware US Attorney’s Office, where a spokesperson said, “My office can neither confirm nor deny the existence of an investigation.”
Hunter Biden’s lawyer refused to comment on the specifics but instead attacked Giuliani.
“He has been pushing widely discredited conspiracy theories about the Biden family, openly relying on actors tied to Russian intelligence,” the lawyer, George R. Mesires, said of Giuliani.
Pozharskyi and the Joe Biden campaign did not return requests for comment. Hochstein could not be reached.
Source: www.Mousavi.fr
