Hunter Biden's business associates involved in transactions with Chinese energy company CEFC are scheduled to appear in a closed-door transcribed interview Thursday morning before the House Oversight and Judiciary Committees.
Marvin Yang, who worked with his eldest son on deals for Chinese energy company CEFC, was subpoenaed in November as part of the House impeachment inquiry into President Biden.
He is scheduled to appear at the Capitol at 10 a.m.
Joe Biden received $40,000 in 'laundered Chinese money' from brother in 2017, Comer says
House Oversight Committee Chairman James Comer and Judiciary Committee Chairman Jim Jordan notified Mr. Yang of the subpoena and explained why he was forced to appear.
In a letter to Yang's lawyers, Comer and Jordan wrote, “President Biden has disclosed that his client has received funds from China through individuals with whom he previously engaged in business, James Biden and Hunter Biden.'' I received it.'' “James Biden maintains a business relationship with Hunter Biden, and the two have engaged in several business deals, including one with Chinese energy company CEFC China Energy (CEFC), which is owned by the founder It has close ties to the Chinese Communist Party through Chairman Ye Jianming. ”
President Biden and son Hunter (AP Photo/Andrew Harnik)
FOX News Digital first reported on the funds sent to Joe Biden in November.
Comer said the “money chase” began in July 2017 when Hunter Biden demanded a $10 million payment from CEFC members. In a WhatsApp message, Hunter Biden was “sitting down with his father and if he didn't pony up the money, the Biden network would attack his associates,” Comer said. Ta.
In a WhatsApp message, Hunter Biden reportedly promised Chinese business associates at Chinese energy company CEFC that he and his father “will regret not following my instructions.”
Mr. Hunter requested a transfer of $10 million to SinoHawk Holdings, a joint venture with CEFC.
Hunter Biden told Henry Chao, director of Chinese asset management firm Harvest Fund Management, “I'm sitting here with my father and I want to understand why the promises weren't fulfilled.'' Told. “And Z, if I receive a phone call or text message from anyone other than you, Mr. Zhang, or the Chairman, my powers will be permanently retained between the man sitting next to me and everyone he knows. 'I'll see if you'll regret not following my instructions.'
Mr. Zhao responded in part, saying, “CEFC is ready to cooperate with the family.”
Hunter Biden asks for keys to new 'officemate' Joe Biden, China's 'messenger' to CEFC chairman, shown in email
Subsequently, the Oversight Committee found that on August 8, 2017, the bank showed that $5 million in funds was transferred to Hudson West III, a joint venture founded by Hunter Biden and CEFC associate Gongwen Dong. I got the record. On the same day, Hudson West III transferred $400,000 to Owasco PC, another entity controlled and owned by Hunter Biden, Comer said.
A few days later, on August 14, 2017, records show Hunter Biden transferred $150,000 to Lion Hall Group, a company owned by James Biden and his wife Sarah Biden. Comer said that by August 28, 2017, Sarah Biden withdrew $50,000 in cash from Lion Hall Group and then deposited it into her and James Biden's personal checking accounts. .
A few days later, Sarah Biden wrote Joe Biden a check for $40,000, with “loan repayment” written in the memo line of the check.
Hunter Biden, President Biden's son (Tom Williams/CQ-Roll Call Inc. via Getty Images)
Although President Biden has maintained that he never had a business relationship with his son, text messages obtained by Fox News Digital in 2020 show that in May 2017, President Biden contacted Hunter's business associates in the Sinohawk business. , it was revealed that he was meeting with Tony Bobulinski, among others. The May 2, 2017 meeting was supposed to take place just 11 days before the May 13, 2017 email obtained by Fox News in 2020. The email included a discussion of a “compensation package” for six people in the deal with CEFC.
Hunter demands $10 million from Chinese energy company because 'Biden is the best' and has 'connections'
The email included a note that said, “Mr. Hunter has some expectations in his office that he will explain in detail.” In the proposed stock split, “H” is “20” and “H has 10 for the big guys?” There are no further details.
The “big man” is said to refer to President Biden.
president biden (Anna Moneymaker/Getty Images)
Additionally, in December 2020, FOX News Digital reported that Hunter Biden, CEFC associate Gongwen Dong, and Joe Biden shared office space in Washington, D.C., in September 2017.
Meanwhile, in demanding Yang's testimony, Comer and Jordan said Yang would provide “evidence relevant to the impeachment inquiry,” specifically “how James Biden and Hunter Biden run their business,” He said he expected the court to provide evidence related to “knowledge of how the financial transactions were structured.” And your clients may also know whether and how President Biden was involved in his family's business dealings. ”
Flashback: In 2017, Hunter Biden sends Chinese company chairman 'good luck' from 'the entire Biden family' and demands $10 million wire
Mr. Comer and Mr. Jordan also said that Mr. Yang did not believe that Mr. “They may be in a position to provide information on whether any changes have been made to policy.” Concerns that Chinese intelligence sources will release additional evidence about business ties to the Biden family, including whether they have had any influence on President Biden's official conduct or U.S. foreign policy, have been reported to his family. . ”
Congressman James Comer (R-Ky.) (left), Congressman Hunter Biden, and Congressman Jim Jordan (R-Ohio). (Getty Images)
They also asked whether Joe Biden “abused his official office by providing access to him and his offices to foreign interests in exchange for payments to his family or himself,” or whether he “knowingly participated in He added that it could provide evidence of whether the public trust was abused. It is a scheme to enrich himself and his family by creating the impression that foreign interests will be given access to him and his office in exchange for payments to him and his family. ”
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Yang's transcribed interview is scheduled to take place the day before Hunter Biden's business associate Rob Walker appears to testify, and several weeks before Hunter Biden appears at his deposition.
Biden ignored a subpoena to appear for a deposition on December 13, putting him at risk of being charged with contempt of Congress.
His lawyers and the commission reached an agreement last week for the eldest son to appear in a private deposition on February 28th.
