Biden Busted on China Influence Peddling

Hunter Biden entered into a consulting contract with China’s largest private energy company that initially earned him $10 million a year “for introductions alone,” according to leaked emails.

In an email chain from Aug. 2, 2017, Biden discussed a deal with the former chairman of CEFC China Energy, Ye Jianming, saying Ye agreed to change the terms of Biden’s three-year consulting contract with CEFC, which initially promised Biden $10 million per-year “for introductions alone,” to make it “much more lasting and more lucrative,” the New York Post reported.

The new deal included a 50 percent equity stake in a holding company created by Ye rather than the $10 million in annual cash that had been previously negotiated.

“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 in one email.

In the same email chain, Biden discussed deals with the CEFC that he said were “interesting to me and my family.”

Another email sent to Biden on May 13, 2017 had the subject line “Expectations” and identified Biden as “Chair / Vice Chair depending on agreement with CEFC.”

The leaked emails and other data were found on a MacBook Pro laptop that was dropped off at a Delaware computer repair shop in April of last year, according to the owner of the shop.

The FBI has seized the laptop. The shop owner made a copy of the data, which former New York City Mayor Rudy ­Giuliani provided to the Post.

Biden is also under scrutiny for his lucrative position on the board of the Ukrainian natural gas company Burisma. In leaked emails from 2014, Biden appears to try to leverage his influence with his father, then-vice president Joe Biden, who was heavily involved in U.S. policy on Ukraine, referring to the elder Biden as “my guy.”

Added:

By: Punch_The_Monkey (3832.58)

Tags: Biden, influence peddling, China, corruption

Location: Washington DC