The president's brother, James Biden, laughed off suggestions that the family's business dealings with China could damage its reputation as “plausible deniability,” according to a transcript of private testimony released Friday. .
Tony Bobulinski, a former business associate of Hunter Biden, testified Speaking before the House Oversight and Accountability Committee, James Biden said he dismissed any potential political fallout from his family's dealings with Chinese businessmen.James Biden is It is scheduled He is scheduled to testify before the House Oversight Committee on February 21, where members of Congress will question him on suspicion of plotting to spread influence linked to the president.
Bobulinski's account of his conversation with James Biden was part of a broader portion of his testimony detailing his meeting with Joe, James, and Hunter Biden at the Spring 2017 Milken Institute conference in California. Ta. (Related article: “Absurd and childish'': Democrats slam former Hunter Biden colleague in private conference)
Milken Institute conferences bring together “thinkers and industry leaders from all walks of life” to discuss contemporary issues. according to Go to that website. Bobulinski called it “probably the largest private meeting of billionaires and successful people after Davos.”
Bobulinski sat with James and Hunter Biden in an empty bar at the Beverly Hilton, where the meeting was being held, and announced the arrival of Joe Biden to discuss business deals related to CEFC China Energy. I remembered what I was waiting for. Chinese Communist Party related It's solid, records show.
CEFC China Energy paid $5 million to Hudson West III, a Delaware registered corporation, between August 2017 and August 2018. The company wired Hunter Biden's law firm about $4.8 million through September 2018.
Hunter Biden (Photo by Kent Nishimura/Getty Images)
Joe Biden claimed in August 2023 that he had never “spoken business” with any of Hunter's business associates.
Bobulinski testified that “the only reason I was there” was to discuss his and Hunter's business dealings with Joe Biden, according to the transcript. Bobulinski said the meeting lasted 45 minutes to an hour.
The morning after the meeting, Bobrinsi asked James Biden why he was “taking this risk on himself and his family's brand” by doing business with a Chinese company, records show.
“And he looked at me and chuckled and said, 'Plausible deniability,'” Bobulinski recalled, according to the transcript.
Bobulinski encouraged the House Oversight Committee to ask James Biden what that meant.
The White House did not respond to requests for comment from the Daily Caller News Foundation.
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