{"id":14586,"date":"2024-01-25T13:00:14","date_gmt":"2024-01-25T13:00:14","guid":{"rendered":"https:\/\/shareperformanceinsight.com\/index.php\/2024\/01\/25\/hunter-biden-business-associate-to-testify-on-bidens-alleged-role-in-china-deals-amid-impeachment-inquiry\/"},"modified":"2024-01-25T13:00:14","modified_gmt":"2024-01-25T13:00:14","slug":"hunter-biden-business-associate-to-testify-on-bidens-alleged-role-in-china-deals-amid-impeachment-inquiry","status":"publish","type":"post","link":"https:\/\/shareperformanceinsight.com\/index.php\/2024\/01\/25\/hunter-biden-business-associate-to-testify-on-bidens-alleged-role-in-china-deals-amid-impeachment-inquiry\/","title":{"rendered":"Hunter Biden business associate to testify on Biden\u2019s alleged role in China deals amid impeachment inquiry"},"content":{"rendered":"
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Hunter Biden\u2019s business associate involved in his dealings with Chinese energy company CEFC is expected to appear for a closed-door transcribed interview Thursday morning before the House Oversight and Judiciary committees.<\/p>\n

Mervyn Yan, who worked with the first son on deals with Chinese energy company CEFC, was subpoenaed last November to appear as part of the House impeachment inquiry against President Biden.<\/p>\n

He is expected to appear at 10 a.m. on Capitol Hill.<\/p>\n

House Oversight Committee Chair James Comer and Judiciary Committee Chair Jim Jordan notified Yan of his subpoena and explained the reason for compelling his appearance.<\/p>\n

\u2018President Biden has received money originating from China via James and Hunter Biden, individuals with whom your client has previously engaged in business,\u2019 Comer and Jordan wrote to Yan\u2019s attorney. \u2018James Biden maintained a business relationship with Hunter Biden, and the two engaged in several business deals, including a deal with Chinese energy company CEFC China Energy (CEFC), which is closely ties to the Chinese Communist Party through its founder, Chairman Ye Jianming.\u2019<\/p>\n

Fox News Digital first reported on the funds transferred to Joe Biden in November.<\/p>\n

Comer said the \u2018money trail\u2019 began in July 2017 when Hunter Biden demanded a $10 million payment from a CEFC associate. In a WhatsApp message, Hunter Biden \u2018was sitting with his father and that the Biden network would turn on his associate if he didn\u2019t pony up the money,\u2019 Comer said.<\/p>\n

Hunter Biden in the WhatsApp message allegedly told a Chinese business associate from Chinese energy company CEFC that he and his father would ensure \u2018you will regret not following my direction.\u2019<\/p>\n

Hunter requested the $10 million wire for his joint-venture with CEFC called SinoHawk Holdings.\u00a0<\/p>\n

\u2018I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled,\u2019 Hunter Biden told Henry Zhao, the director of Chinese asset management firm Harvest Fund Management. \u2018And, Z, if I get a call or text from anyone involved in this other than you, Zhang 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.\u2019<\/p>\n

Zhao responded, in part, \u2018CEFC is willing to cooperate with the family.\u2019<\/p>\n

The Oversight Committee then obtained bank records that showed on Aug. 8, 2017,\u00a0the $5 million in funds were sent to Hudson West III, a joint venture established by Hunter Biden and CEFC associate Gongwen Dong. The same day, Hudson West III sent $400,000 to Owasco PC \u2014 a separate entity controlled and owned by Hunter Biden, Comer said.<\/p>\n

Days later, on Aug. 14, 2017, the records show Hunter Biden wired $150,000 to Lion Hall Group, a company owned by James Biden and his wife, Sara Biden. By Aug. 28, 2017, Comer said Sara Biden withdrew $50,000 in cash from Lion Hall Group and later deposited it into her and James Biden\u2019s personal checking account.<\/p>\n

Sara Biden wrote a check to Joe Biden a few days later for $40,000, with a memo line of the check reading \u2018loan repayment.\u2019<\/p>\n

While President Biden has maintained he was never in business with his son, text messages obtained by Fox News Digital in 2020 revealed that in May 2017 he met with Hunter\u2019s business associates for the Sinohawk venture, specifically Tony Bobulinski. The meeting on May 2, 2017, would have taken place just 11 days before a May 13, 2017, email obtained by Fox News in 2020 that included a discussion of \u2018remuneration packages\u2019 for six people in the business deal with CEFC.<\/p>\n

The email includes a note that \u2018Hunter has some office expectations he will elaborate.\u2019 A proposed equity split references \u201920\u2019 for \u2018H\u2019 and \u201910 held by H for the big guy?\u2019 with no further details.<\/p>\n

The \u2018big guy\u2019 has been said to be a reference to President Biden.\u00a0<\/p>\n

Also, Fox News Digital in December 2020 reported that Hunter Biden, his CEFC associate, Gongwen Dong, and Joe Biden shared office space in Washington, D.C., in September 2017.<\/p>\n

Meanwhile, Comer and Jordan, in demanding Yan\u2019s testimony, said they expect he will \u2018provide evidence that is relevant to the impeachment inquiry,\u2019 specifically related to his \u2018knowledge of how James Biden and Hunter Biden operated their businesses and structured their financial transactions, and your client may also know whether and how President Biden has been involved in his family\u2019s business dealings.\u2019<\/p>\n

Comer and Jordan also said Yan could be in a position to provide information on whether Joe Biden, as vice president or as president, \u2018took any official action or effected any change in government policy because of money or other things of value provided to himself or his family, including whether concerns that Chinese sources may release additional evidence about their business relationships with the Biden family have had any impact on official acts performed by President Biden or U.S. foreign policy.\u2019<\/p>\n

They also said he may provide evidence of whether Joe Biden \u2018abused his office of public trust by providing foreign interests with access to him and his office in exchange for payments to his family or him\u2019 or \u2018abused his office of public trust by knowingly participating in a scheme to enrich himself or his family by giving foreign interests the impression that they would receive access to him and his office in exchange for payments to his family or him.\u2019<\/p>\n

Yan\u2019s transcribed interview is expected to take place a day before Hunter Biden business associate Rob Walker appears for testimony and weeks before Hunter Biden appears for his deposition.<\/p>\n

Biden defied his subpoena to appear for a deposition on Dec. 13 and was at risk of being held in contempt of Congress.<\/p>\n

His attorneys and the committees came to an agreement last week that the first son will appear for a closed-door deposition on Feb. 28.<\/p>\n<\/div>\n

This post appeared first on FOX NEWS<\/div>","protected":false},"excerpt":{"rendered":"

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