Chinese energy company CEFC, a state-backed firm that
is “effectively an arm of the Chinese Government,” paid the Biden family and their associates millions — presumably for “access” to Joe Biden — funneling the cash through Robinson Walker LLC, an account run by Biden family associate Rob Walker. After receiving a $3 million payout from CEFC, Robinson Walker LLC
wired two $50,000 payments to an account belonging to James Biden on April 3, 2017, another $120,000 on April 20, $125,000 on April 24, and $15,000 on May 18, bringing James Biden’s
total receipt from CEFC in that exchange to $360,000.
Later, James also received money via his consulting firm, Lion Hall Group. “Between Aug. 14, 2017 and Aug. 3, 2018, [Hunter Biden’s company] Owasco sent 20 wires totaling $1,398,999 to the Lion Hall Group, a consulting firm that lists James Biden and his wife, Sara Biden, on the bank account,” Sens. Ron Johnson and Chuck Grassley
reported in 2020. The transfers started days after CEFC wired millions to Hudson West III, a
joint venture between Hunter Biden and CEFC Chairman Ye Jianming, which began sending money to Owasco. After the transaction into the Lion Hall Group account was flagged “for potential criminal financial activity,” the bank “submitted the account for closure.”
In August 2017, around the time those payments started, James Biden was
made a manager at Hudson West III, to be paid $65,000 a month.
Hudson West III also
sent a total of $76,746 directly to Lion Hall Group in 2018.
On top of that, James, his wife Sara, and Hunter went on a $101,291 spending spree with credit cards opened by Hunter and Kevin Dong,
who “served as ‘Chairman Ye[’s] CEFC emissary’ in the United States.” The three Bidens
purchased “extravagant items, including airline tickets and multiple items at Apple Inc. stores, pharmacies, hotels and restaurants.”
Two years later, The Washington Post confirmed Johnson and Grassley’s discoveries,
admitting “the Chinese energy conglomerate and its executives paid $4.8 million to entities controlled by Hunter Biden and his uncle.”
On Thursday, House investigators
subpoenaed bank records for both Hunter and James Biden after additional records revealed “the Bidens and their associates have received over $20 million in payments from foreign entities.”
James Biden's participation shows just how much of a family affair the scandal is, with Joe Biden, the family's 'only asset,' at the top.
thefederalist.com