The Post obtained emails showing that Hunter Biden pursued some lucrative deals that involve China’s largest private energy company, one of which he believes will be interesting for him and his family.
On May 13, 2017, a mail was sent to Biden with the subject “Expectations.”
It includes details of “remuneration packages” for 6 people. The kind of business venture was not specified.
The email shows that his pay was set at “850” and stated that “Hunter has some office expectations he will elaborate.”
The email also highlighted” a provisional agreement.” The agreement showed that 80% of the shares or “equity” in the new company would be equally shared among four individuals whose initials correspond to the sender and three other recipients.
Apparently, the “H” initials referred to Hunter.
Mail From James Gillar
Two others were identified as “10 Jim” and “10 held by H for the big guy?”. Neither of them was further identified.
James Gillar of the international consulting firm, J2cR, was the author of the email. He noted, “I am happy to raise any detail with Zang if there is shortfalls?
Zang Jian Jun is the former executive director of CEFC China. The name “Zang” is an apparent reference to him.
The email was discovered in a MacBook Pro laptop. It was left in April 2019 at a Delaware repair shop. The owner of the repair shop attested to this.
FBI seized the computer. Later, Mayor Rudy Giuliani shared a copy of its content, which he got from the shop owner on The Post.
Relationship with Ye Jianming
Biden sent another email on August 2, 2017.
It involved a deal with Ye Jianming, the chairman of CEFC, who has long since vanished. It was for a 50% ownership of a holding company expected to get Biden more than $10 million a year.
In early 2018, Ye Jianming ended up in custody by Chinese authorities. There’s no information about him since then.
According to reports, CEFC also went bankrupt earlier this year.
Biden mentioned that Ye had made a three-year consulting contract with CEFC look appealing. It was to pay him 10 million dollars annually “for introductions” alone.
Biden wrote that “the chairman changed that deal after we met in Miami to a much more lasting and lucrative arrangement to create a holding company 50% owned by me and 50% owned by him.”
What Piqued Biden’s Interest
It was also in the mail that “consulting fees is one piece of our income stream, but the reason this proposal by the chairman was so much more interesting to me and my family is that we would be partners inn the equity and profits of the JVs investments.”
A photo showing a hand-drawn flow chart of the ownership of “Hudson West” came to light on Aug. 1, 2017. It shows a 50/50 split between two entities – Hunter Biden and another person identified as “Chairman.”
Biden Linked to Hudson West
Last month, a report on Biden’s business dealings overseas was released. It showed that a company called Hudson West III opened a line of credit in September 2017.
The report further states that credit cards issued for the account were used to purchase over $100,000 worth of luxurious items at Apple stores, pharmacies, restaurants and hotels by Hunter, his uncle James Biden, and his uncle’s wife Sara Biden.
According to the report, the company has been dissolved, though Owasco PC, Hunter Biden’s law firm, was found to be one of its two owners.
The receiver of Biden’s email is Gongwen Dong who has ties with Ye as established by the Wall Street Journal in October 2018. Dong is actually the CFO of the Kam Fei Group, an investment firm in Hong Kong.
The Post obtained documents that include an “Attorney Engagement Letter” from September 2017. Chi Ping Patrick Ho agreed to pay a sum of $1 million to Biden in the agreement
This was for “Counsel to matters related to US law and advice pertaining to hiring and legal analysis of any US Law Firm or Lawyer.” Ho is one of Ye’s top lieutenants and former Hong Kong official
Ho was convicted in December 2018 for two schemes. Both involved a $3 million bribe to high-ranking officials in Africa for oil rights in Chad and other business deals in Uganda.
Attorney Engagement Letter
After serving a three-year prison sentence, Ho was deported to Hong Kong in June.
There have been no comments on the matter from either Biden’s lawyer, Gillar, Dong, Ho, or the Joe Biden campaign. Biden’s lawyer though previously said that “there is no need for comment on any so-called information provided by Rudy Giuliani. He has been pushing widely discredited conspiracy theories about the Biden family… His record of dishonesty in these matters speaks for itself.