Follow $40,000 From Communist China Directly To Joe Biden’s Bank Account
Hunter Biden had sent that WhatsApp message on July 30, 2017, to Raymond Zhao, an associate of CEFC, the Chinese energy giant Hunter and James Biden began courting in 2016, while Joe Biden was vice president. After Joe Biden left office at the end of the Obama administration, according to one of Hunter Biden’s business partners, the Chinese communist-connected CEFC sent them a $3 million wire in March of 2017 as a “thank you” for the Bidens’ assistance in furthering their business interests.
But CEFC had committed to investing another $10 million, which an email recovered from Hunter Biden’s abandoned laptop indicated would be used to form a joint venture. CEFC’s founder and chairman, Ye Jianming, was to hold 50 percent interest in the company, and Hunter Biden, Jim Biden, and some of their business associates would hold the other 50 percent. That email noted Hunter Biden would own a 10 percent interest in the holding company for “the big guy,” a moniker used for Joe Biden.
However, as of the end of July 2017, the $10 million cash infusion had yet to materialize, prompting Hunter Biden to text Zhao on WhatsApp, telling him to “Please have the director call me- not James or Tony or Jim- have him call me tonight,” with the “director” being an apparent reference to the executive director of CEFC, and James and Tony being business partners, along with Jim Biden.
The text continued:"I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled. I am very concerned that the Chairman has either changed his mind and broken our deal without telling me or that he is unaware of the promises and assurances that have been made have not been kept. Tell the director that I would like to resolve this now before it gets out of hand. And now means tonight. And Z if I get a call or text from anyone involved in this other than you, Zhang (sic) or the Chairman I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction."
Zhao responded, “CEFC is willing to cooperate with the family.” The money soon began flowing, with Hunter Biden first opening a bank account on Aug. 3, 2017, for a new company, Hudson West III, which would serve as the joint venture between Hunter Biden and CEFC’s Gongwen Dong.
Then on Aug. 14, 2017, Hunter Biden wired $150,000 from his Owasco account to the Lion Hall Group — the company owned by James and Sara Biden. Two weeks later, Sara Biden “signed a withdrawal ticket for $50,000 from the Lion Hall Group bank account,” and on the same day deposited that $50,000 into her and James’ joint personal checking account. Soon after, on Sept. 3, 2017, Sara Biden signed the $40,000 check payable to Joe Biden.
https://thefederalist.com/2023/11/0...st-china-directly-to-joe-bidens-bank-account/
just repaying a “loan”
