In a significant development, Hunter Biden, the son of US President Joe Biden, has acknowledged that his father was indeed the ‘big guy’ referenced in an email exchange with a Chinese firm for a $5 million deal. The confirmation came during Hunter’s deposition in the impeachment inquiry, where he admitted that his former business partner, James Gilliar, was referring to Joe Biden as the ‘big guy’ in the email exchange with a Chinese state-linked energy firm.
The email, discovered on Hunter Biden’s abandoned laptop, implied a broader claim that the deal had generated millions for Biden family members and associates. Hunter, however, rejected this assertion during the deposition. This marks the first time Hunter has admitted that Joe Biden was mentioned in connection with the lucrative joint venture involving CEFC China Energy.
When questioned about the reference, Hunter stated, “I truly don’t know what the hell that James was talking about.” The transcript of the deposition was released, revealing Hunter’s acknowledgment of the details from the leaked laptop, which he and his allies had previously dismissed as not genuine, claiming it had been manipulated by external actors.
Hunter clarified that Gilliar’s suggestion of Joe Biden getting a stake was a “pie in the sky idea,” considering Biden’s exit from public life after serving as vice president under Barack Obama. He asserted that he had shut down the proposal, and the evidence of this was the executed agreement to create a company that was never operational.
The House Oversight Committee Chairman, James Comer, had raised concerns about the deal involving CEFC China Energy, labeling it as “money laundering” in a recent deposition. Comer also alleged that Joe Biden received a $40,000 check from his brother James after a complex financial transaction. Bank records reportedly indicated that CEFC China Energy paid $6.1 million to James and Hunter Biden in 2017 and 2018, with funds flowing through various entities owned by Hunter to other family members. This revelation adds a new dimension to the scrutiny surrounding the Biden family’s financial dealings and raises questions about potential conflicts of interest.
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