Biden emails show attempted $10 million deal with Chinese billionaire who disappeared
Emails from Hunter Biden to a Chinese energy firm show that the son of America’s former Vice President attempted to cash in on his famous father to the tune of $10 million payment annually simply for the introductions he could make to the energy company.
The emails are just one of many that the New York Post retrieved from a duplicate copy of a laptop seized by the FBI after the younger Biden left it at a computer repair facility.
The email to the energy company came just months before the Chinese oligarch’s empire started to crash over bribery schemes that included more than five countries and governments.
In the email dated August 2, 2017, Hunter said that the Biden family desired to own a piece of a joint venture with CEFC Energy, a $44 billion energy company that was owned by Ye Jianming. The holding company was expected to provide a $10 million annual payment to Hunter Biden with shares of the company divided between various Biden family members and other Chinese principals, says the New York Post, including one family member that Hunter refers to as “the big guy.”
By November, however, Ye started to have troubles with his energy empire stemming from bribery accusations that involved the Chinese government, Chad, Uganda and the United Nations through a non-government organization (NGO) he founded in the U.S.
“Ye’s empire began to crumble on November 18, 2017,” reports CNN. “On that day, FBI agents arrested Patrick Ho Chi-ping, the man Ye had employed to lead his NGO. Ho was charged with money laundering and violating the Foreign Corrupt Practices Act. He is accused of offering $3 million in bribes to the President of Chad, Idriss Deby, and Sam Kutesa, the Ugandan minister of foreign affairs and then president of the United Nations General Assembly. The alleged bribes were made on behalf of a Shanghai-based energy company, which is not explicitly named in the court documents.”
A document obtained by the NY Post, dated September 2017, just two months before the arrest, is a purported engagement letter between Hunter Biden and Ho Chi-ping to hire Biden as “Counsel to matters related to US law and advice pertaining to the hiring and legal analysis of any US Law Firm or Lawyer.”
Ho Chi-ping was convicted of bribery in the U.S., served a three-year sentence and was deported to Hong Kong in June.
In March of 2018, Chinese authorities detained Ye and started an investigation of his activities. He has not been seen since, but aggressive censorship of Chinese social media of any speculation regarding Ye suggests that he is either dead or in prison.
The Biden campaign has thus far dismissed the release of the emails as “relying on actors tied to Russian intelligence,” blaming former New York Mayor and federal prosecutor Rudy Giuliani for cooperating with Russia in a Biden smear.
“There is no need for comment on any so-called information provided by Rudy Giuliani,” said a lawyer for Biden.
The Biden campaign declined to comment for the Post story.
But the fact that the Bidens decided to hire a lawyer for a spokesman rather than rely on the Biden presidential campaign likely suggest that the Bidens are in more trouble than they reckoned.
PHOTO: Kris Connor/WireImage
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