Sen. Ron Johnson: Bank Records Reveal Millions In Transactions Between Hunter Biden And Chinese Energy Firms
The records show deep financial ties between the president’s son and brother and the now-defunct CEFC China Energy, which had ties to the Chinese Communist Party.
The energy giant wired $1 million to Hudson West III, a joint venture owned by Hunter Biden and Gongwen Dong, a business associate of CEFC’s founder and chairman, Ye Jianming.
A second Chinese energy company, Northern International Capital Holdings, which is associated with the communist-backed CEFC, wired $5 million to Hudson West III, the Cathay Bank records show.
The money sent from the two companies funded a $4.8 million wire transfer from Hudson West III to Hunter Biden’s companies Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden.
The Cathay records show Owasco P.C. sent 20 wire transfers totaling nearly $1.4 million to the Lion Hall Group.
Hudson West III paid Hunter Biden a $500,000 retainer fee plus $100,000 per month. James Biden was paid $65,000 per month.
ARTICLE
© CopyRights RawNews1st
