Senators have revealed evidence of a payment from a Chinese energy company directly to Hunter Biden, confirming even more crooked Biden shenanigans.
“Sens. Chuck Grassley and Ron Johnson on Monday revealed a $100,000 direct payment from CEFC China Energy to Hunter Biden in 2004 when Joe Biden was the chairman of the Senate Foreign Relations Committee,” reports Breitbart News.
“While Joe Biden was head of the powerful Senate committee, Grassley and Johnson allege Hunter was directly paid $100,000 via a wire transfer to Wells Fargo Clearing Services and designated ‘further credit to Owasco,’ Hunter’s law firm,” reported Breitbart.
“Peter Schweizer’s book, Red-Handed: How American Elites Get Rich Helping China Win, shows CEFC China Energy paid Hunter Biden nearly $6 million dollars in 2017,” reports Breitbart.
The Chinese energy company, no longer in operation, was led by chairman and majority owner Ye Jianming. Breitbart News reported:
Furthermore, by July 2017, CEFC began making interest-free, forgivable loans to the Biden family. CEFC executive Zhao Running wrote that $5 million was intended as money lent to the BD family,” not just Hunter Biden. “This $5 million loan to the BD [Biden] family is interest free,” Zhao wrote.
Schweizer notes that “interest-free loans provide tremendous leverage because the lender can demand its money back if it is displeased by any action.”
In August 2017, CEFC Infrastructure Investment LLC sent Hunter Biden’s law firm, Owasco, $100.000. Four days later, the firm wired $5 million to another entity controlled by Ye, which then started sending regular payment to Owasco. Biden then transferred $1.4 million of that money to a firm called Lion Hall Group, which was controlled by his uncle James Biden and his wife, Sara Biden.
To read comments from Senators Grassley and Johnson, click here.