From The Epoch Times:
Hunter Biden Under Scrutiny for Business Deals With Chinese Exec With Links to Military
BY
FRANK FANG AND
CATHY HE
October 16, 2020 Updated: October 17, 2020
Hunter Biden allegedly sought to pocket millions from deals involving a Chinese energy giant with ties to the Chinese military,
according to emails obtained by the
New York Post.
An alleged email from James Gilliar of the international consultancy J2cR that was sent to Biden on May 13, 2017 detailed “remuneration packages” for six people in an unspecified deal apparently involving the now-bankrupt Chinese oil giant CEFC China Energy. Biden, who is the second son of former Vice President and current presidential candidate
Joe Biden, was identified as “Chair/Vice Chair” of a new company, “depending on agreement with CEFC.” His pay would be “850.”
Gilliar did not immediately return a request for comment about his involvement.
The email also mentions a “provisional agreement” under which a person identified as “H,” an apparent reference to Hunter Biden, would hold 20 percent “equity” in the new company, as well as 10 percent “held…for the big guy.” The email doesn’t identify who the “big guy” is.
Gilliar also said he would be “happy to raise any detail with Zang if there is [sic] shortfalls ?,” in an apparent reference to Zang Jianjun, a former executive director at CEFC.
Shanghai-based conglomerate CEFC China Energy was China’s largest privately-held oil company before it was caught in Beijing’s crosshairs in 2018. The oil conglomerate made billions of dollars in Russia, eastern Europe, and parts of Africa, while its now-disgraced founder and chairman Ye Jianming fostered cozy ties with high-level Chinese Communist Party (CCP) officials.
Ye has been missing since early 2018 after he was placed under
investigation by the Chinese regime for “suspected economic crimes” and detained. A state-owned enterprise took control of CEFC in March 2019, and the firm declared bankruptcy early this year, according to Chinese media Caixin.