Hunter Biden's CEO in a China venture drops multiple bombshells
An email recovered from Hunter Biden's hard drive had people asking who "the big guy" is. That's the cryptic identifier given to someone on whose behalf Hunter Biden would hold 10% of the equity in a deal with China's largest private energy company. Thanks to Tony Bobulinksi, who was part of that deal, we've learned that "the big guy" is Joe Biden. And while the "big guy" email dates from a few months after Biden had left the White House, it has important ramifications.
Here are the players:
- CEFC China Energy Co. (CEFC) was a private Chinese energy conglomerate that has since gone bankrupt. In its heyday, CEFC, which had ties to the Communist Party, was part of China's Silk Road effort to acquire financial control over countries worldwide. In 2017, the U.S. Justice Department prosecuted a CEFC official for bribing government officials in both Chad and Uganda. China also accused CEFC of bribing local officials within China.
- Sinohawk Holdings is a holding company partnership formed between CEFC and the Biden family, ostensibly to invest in infrastructure, energy, and more.
- Tony Bobulinski is an institutional investor. James Gilliar, an international consultant; Rob Walker, another investor; and Hunter Biden recruited Bobulinski to be Sinohawk's CEO.
The Hunter hard drive coughed out a May 13, 2017 email that Gilliar, who was handling negotiations with CEFC, wrote to Bobulinksi, with a cc to Hunter Biden and Rob Walker. Gilliar identified proposed "remuneration packages":
- Chair/Vice Chair depending on agreement with CEFC (Hunter) 850
- CEO (Tony) 850
- James (EEIG) international consultancy agreement business development (James) 500,000
- Rob 500
- Jim Unknown
- Sanan (Under EEIG agreement) 72,000
The email also shows that Hunter demanded "some office expectations," while "James needs travel of 15,000K a month." Lastly, and most significantly, the email spelled out equity in the partnership:
[A] provisional agreement that the equity will be distributed as follows:
20 H
20 RW
20 JG
20 TB
10 Jim
10 held by H for the big guy?
When the email became public, people speculated that Joe Biden was the "big guy." That theory gained credence from a text message Hunter sent his daughter. Biden complained that he'd spent 30 years responsible for the family's expenses, adding, "It's really hard, but don't worry, unlike Pop I won't make you give me half your salary." It seems Joe was always on the take.
The photo below is a screenshot of a text message from Hunter Biden to his daughter, Naomi Biden, on January 3, 2019.
— Rudy W. Giuliani (@RudyGiuliani) October 15, 2020
This describes the amount kicked back to the Boss, Joe Biden, as happens in every organized crime group.
My observations here: https://t.co/1SAwTyEwk9 pic.twitter.com/BK6DTIhT0B
On Thursday, news broke that Tony Bobulinski had revealed who the "big guy" was: Hunter, he said, routinely called his father "the Big Guy" or "my Chairman." Joe wasn't the only Biden family member benefiting from the deal with a corrupt Chinese company. James Biden, Joe's brother, was also getting a cut. You can see Bobulinski's full written statement here.
Then, on Thursday evening, just before the debate, Bobulinski dropped a bombshell video saying Joe Biden was hip-deep in business transactions with the Chinese, that Joe's involvement was secret, that Hunter contributed access to the Biden family, and that CEFC eventually sent its money not to Sinohawk, but to Hunter's entities:
There's more: two days after the email described above, Joe's brother, Jim, emailed Hunter, Bobulinski, Walker, and Gilliar, with a list of "key domestic contacts for phase one target projects." That list includes some familiar names:
[Kamala] Harris, D-Calif.; Senate Minority Leader Chuck Schumer, D-N.Y.; Sen. Amy Klobuchar, D-Minn.; Sen. Dianne Feinstein, D-Calif.; Sen. Kirsten Gillibrand, D-N.Y.; New York Gov. Andrew Cuomo; New York City Mayor Bill de Blasio; former Virginia Gov. Terry McCauliffe [sic], among others.
It seems that Joe and Hunter Biden intended to take advantage of Joe's political connections, although there's no evidence they ultimately did so.
Considering that Joe had already left office by May 2017, why does this still matter? There are several reasons.
First, as is discussed here, the initial phases of the Sinohawk project date to 2015–2016, when Biden was still the vice president.
Second, no one can doubt that Joe was contemplating running for election at the time, yet he crawled in bed with a corrupt company.
Third, China was then our largest geopolitical rival, making it unseemly for a former vice president and future (he hoped) president to do business with it.
Fourth, this transaction provides evidence of a pattern and practice: Joe used his political office to funnel money to his drug-addled son. His son, in turn, would hold on to a huge cut for Joe. In other words, Joe sold out America for his personal benefit.
Biden Whistleblower Emails: Chinese Energy Company Gave $5 Million Non-Secured, Forgivable Loan to Biden ‘Family’
A 2017 email from a top official with a Chinese energy firm, provided by a whistleblower to U.S. Senate investigators, demonstrates the terms of an agreement included officials with the firm giving a $5 million non-secured, forgivable loan to the Biden “family.”
The email, sent to SinoHawk Holdings CEO Tony Bobulinski, shows how a top official with CEFC Energy — a now bankrupt and defunct energy company based in China — offered to wire $10 million into an account to begin operations, $5 million worth of which would be a non-secured forgivable loan to the “BD Family,” which means the Biden family.
Breitbart News senior contributor Peter Schweizer spent four and a half hours with Bobulinski before he went public, and discussed these communications in particular regarding this loan during that meeting. According to Schweizer, the Chinese energy company officials were going to put $10 million into an account, $5 million of which was designated as a non-secured forgivable loan to the Biden family. Schweizer said this would constitute significant leverage the Chinese energy company officials would have over the Biden family.
“In a way, this would give CEFC greater leverage over the Biden family than simply giving them a gift or bribe because if they were dissatisfied with what the Bidens were doing they could ask for their money back,” Schweizer told Breitbart News when asked about the arrangement upon the public release of Bobulinski’s emails.
The email also says that $5 million loan is “interest free” and asks how that $5 million would be used, and if used up, whether CEFC should lend more money to the Biden family.
This email further fleshes out details surrounding the controversial arrangement first uncovered by U.S. Senate investigators in a recent Homeland Security Committee report, and later further uncovered by a bombshell New York Post story on emails retrieved from Hunter Biden’s laptop.
Bobulinski’s new emails add to the story by including terms of the financial arrangement behind the wire transfer that CEFC officials made into a firm aligned with the Bidens that then made significant payments to Hunter Biden’s own firm, a wire transfer and financial payments that were first exposed by Senate investigators. The New York Post’s Hunter Biden laptop emails added more information to this questionable arrangement by revealing emails that showed how Biden associates intended to divvy up the cash from the Chinese investors.
These new emails from Bobulinski add more to the picture by showing that the agreement was that this payment would serve as a non-secured forgivable loan, and that the CEFC side of the arrangement understood that the then-forthcoming payment — which Senate investigators confirmed was made just two weeks after these discussions —would serve as a loan to the Biden “family,” not just to Hunter Biden.
An e-mail to Hunter Biden's partner from a top Chinese official on July 26, 2017 shows the Chinese energy company CEFC proposed a $5 million "interest-free" loan to the Biden family "based on their trust on [Biden] family[.]"
"Should CEFC keep lending more to the family?" pic.twitter.com/MGFizPqOdm
— Sean Davis (@seanmdav) October 22, 2020
This email is part of a broader trove of documents that Bobulinski provided to U.S. Senate investigators with the Homeland Security and Finance Committees, and also to media outlets including Breitbart News. Other media outlets are reporting on the emails as well.
According to the Senate Homeland Security Committee’s recent report, $5 million was wired directly into the account in question two weeks later — and then Hunter Biden’s firm spent the next year wiring $4.8 million from there into his own firm’s account:
Less than two weeks later, on August 8, 2017, $5 million was wired from a CEFC-affiliated investment vehicle to a Delaware LLC, which spent the next year transfering nearly $4.8 million directly to Hunter Biden's firm, according to Senate investigators. https://t.co/Byyo3FNp3T pic.twitter.com/8XHHVTuFml
— Sean Davis (@seanmdav) October 22, 2020
CEFC was a controversial energy company, as Breitbart News has reported. “The owner of CEFC, Ye Jianming, was among the most ambitious of Chinese tycoons before his business empire collapsed and he vanished into the Communist nation’s shadowy prison system,” Breitbart News’ John Hayward wrote earlier this week. “Ye was once portrayed as one of China’s greatest rags-to-riches stories, a humble park ranger who began making successful oil investments in his twenties and became a billionaire before he hit 40. He was marketed as an affable businessman foreigners could feel safe making deals with, well-connected but not an obvious tool of the Chinese Communist Party (CCP).”
CEFC is at the center of the burgeoning Biden scandal. When Bobulinski went public on Wednesday night, he was the first source on one of the emails that the New York Post published from Hunter Biden’s laptop retrieved from a computer repair store in Delaware. One such story that the Post published was about Hunter Biden and the Biden family seeking a deal with CEFC, and in those original emails James Gilliar of J2cR emails Bobulinski about “remunerations packages” related to the CEFC deal.
“I am the recipient of the email published seven days ago by the New York Post which showed a copy to Hunter Biden and Rob Walker. That email is genuine,” Bobulinski said in his statement issued publicly.
Bobulinski had been, sources familiar with the matter told Breitbart News, cooperating with the Wall Street Journal for an investigation it is working on. But since the Journal has not published its story several days later after its staff had indicated it would, Bobulinski decided to go public on his own on Wednesday night — and made clear he is cooperating with Senate investigators.
In the original email, published by the New York Post, from Hunter Biden’s laptop, Gilliar references a breakdown of how money acquired would be distributed throughout the firm of which Bobulinski was CEO. The email says at one point that “10 held by H for the big guy.”
In his nearly 700-word statement, Bobulinski confirmed the authenticity of that email and further explained its meeting including that “the big guy” was a reference to former Vice President Joe Biden, the 2020 Democrat presidential nominee, himself.
“What I am outlining is fact. I know it is fact because I lived it. I am the CEO of Sinohawk Holdings which was a partnership between the Chinese operating through CEFC/Chairman Ye and the Biden family,” Bobulinski said. “I was brought into the company to be the CEO by James Gilliar and Hunter Biden. The reference to ‘the big guy’ in the much publicized May 13, 2017 email is in fact a reference to Joe Biden. The other ‘JB’ referenced in that email is Jim Biden, Joe’s brother. Hunter Biden called his dad ‘the Big Guy’ or ‘my Chairman,’ and frequently referenced asking him for his sign-off or advice on various potential deals that we were discussing. I’ve seen Vice President Biden saying he never talked to Hunter about his business. I’ve seen firsthand that that’s not true, because it wasn’t just Hunter’s business, they said they were putting the Biden family name and its legacy on the line.”
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