James Biden changed his story Wednesday in a private interview with lawmakers after congressional investigators presented evidence that directly contradicted his claims, according to people familiar with the interview.
In private testimony before the House Oversight Committee and the Judiciary Committee, Joe Biden's brother initially told reporters that he, Hunter Biden and several colleagues were involved, according to a person familiar with the interview. He reportedly said that he did not participate in any business transactions involving him. But after investigators showed him an agreement that featured his signature alongside those of Hunter Biden and his business partners, James Biden told Congress he had no recollection of signing the agreement. said.
The deal in question was a proposed joint venture involving an entity known as Sinohawk and CEFC China Energy Ltd., an energy company affiliated with the Chinese Communist Party (CCP), according to people familiar with the interview.
SinoHawk was to be 50% owned by Hudson West IV, an entity nominally controlled by CEFC.messenger” and Joe Biden’s “officemate” Gongwen Dong — the remaining 50% is an entity comprised of LLCs controlled by Hunter Biden, James Biden, Rob Walker, James Gillier, and Tony Bobulinski. The company will be owned by Oneida Holdings LLC. according to Bobulinski's Feb. 13 testimony to Congressional investigators and documents obtained by the Senate Judiciary Committee. (Related: Bank investigators point to Chinese money sent to Hunter Biden that funded checks to Joe Biden, Comer reveals)
According to a person familiar with James Biden's interview, the president's brother said he threw away the diamond Hunter Biden gave him for appraisal. Officials said the diamond was originally given to Hunter Biden by CEFC Chairman Ye Jianming, possibly to encourage Biden to do business with CEFC.
Testimony shows Chinese companies paid millions of dollars to Hunter and James Biden to try to secure US energy deals https://t.co/YheAiKZFWL
— Daily Caller (@DailyCaller) February 8, 2024
A May 2017 email from Mr. Gillier to Mr. Hunter Biden, Mr. Bobulinski and Mr. Walker details a possible stock split of Oneida's Sinohawk stock, with the “H” representing 20 %, “RW” is 20%, “JG” is 20%, and “” is 20%. TB', 10% on 'Jim', '10 for the big guy he holds H' according to Go to Hunter Biden's laptop archives.
Bobulinski told the FBI in 2020 that Oneida was scheduled to receive a $5 million unsecured loan from CEFC or a related entity, and that the loan was supposed to be forgiven. according to In an October 2022 letter signed by Republican Iowa Sen. Chuck Grassley. As of July 2017, the funds had yet to be sent to Oneida, apparently to the chagrin of Hunter and James Biden.
Then, on July 30, 2017, Hunter Biden sent threatening WhatsApp text messages to Chinese business associates affiliated with CEFC, according to information disclosed to lawmakers by an Internal Revenue Service whistleblower.
“I'm sitting here with my father and we want to understand why the promise wasn't fulfilled. Please tell the director we want to resolve this now before it gets out of hand. And by now, I mean tonight. And Z, if I get a call or a text message from anyone involved in this other than you, Zhang, the chairman, the guy sitting next to me and everyone he knows. Between, I'll see if my abilities will last forever. The grudge that you'll regret not following my instructions. I'm sitting here waiting for a call from my father. ” the text says.
Bank records obtained by Congressional Investigators do not show that Sinohawk received the expected cash infusion from CEFC or related entities, according to Grassley's October 2022 letter.
But records and other information obtained by Republican lawmakers proved that Hunter Biden and James Biden benefited from a $5 million wire from a CEFC-related company in August 2017.
According to Grassley's letter, those funds appear not to have been sent to Sinohawk, but to Hudson West III, a joint venture the Bidens and CEFC formed in August 2017. Subsequent wire transfers from Hudson West III to Hunter Biden's company, Owasco, and James Biden's company, Lion Hall Group, appear to have effectively removed Sinohawk from the transaction altogether.
Bobulinski told investigators on February 13, “The Biden family (Joe's son Hunter and brother Jim) hired me as CEO of Sinohawk Holdings and Oneida in late July 2017. As a member of Holdings, I intentionally and actively defrauded them.” “In enriching themselves in the CEFC Valley, the Bidens breached their fiduciary duties to Sinohawk and Oneida.”
The White House did not immediately respond to a request for comment.
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