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Republican Congressman Exposes Alleged Financial Links Between Joe Biden and Chinese Company
During a recent Congressional hearing, Republican Congressman Byron Donalds from Florida presented evidence suggesting that President Joe Biden received funds from CEFC, an energy company associated with the Chinese Communist Party (CCP). The revelations stem from testimony provided by Tony Bobulinski, a whistleblower connected to the Biden family’s business dealings.
Bobulinski, a former US Navy lieutenant and CEO of Sinohawk Holdings, highlighted the partnership between the Biden family and Chinese entities, particularly CEFC and Chairman Ye. He emphasized numerous meetings between him, Joe Biden, and discussions regarding Hunter Biden’s foreign business ventures.
Bobulinski alleged that Joe Biden played a pivotal role in these financial transactions, describing him as the “chairman” in the business dealings. He further accused Hunter Biden of fraudulent behavior by diverting substantial sums of money into his personal investment firm without the knowledge of other partners.
Recent disclosures confirmed that Joe Biden received $40,000 from questionable sources, leading to concerns about the implications of these financial ties. Congressman Donalds underscored the direct connection between CEFC, the CCP, and its chairman Xi Jinping, raising suspicions about the legitimacy of these financial transactions.
Timeline of Events
- August 8, 2017: Northern International Capital, a Chinese firm linked to CEFC, transfers $5 million to Hudson West III, a joint venture involving Hunter Biden.
- Subsequently, $400,000 from Hudson West III is directed to Owasco, P.C., a company associated with Hunter Biden.
- Over a short period, a series of financial transfers occur, culminating in Sara Biden, the President’s sister-in-law, issuing a $40,000 check to Joe Biden tagged as a “loan repayment.”
These transactions underscore the complex web of financial interactions between the Biden family and Chinese entities, raising questions about the transparency and ethics of these dealings. Hunter Biden’s collaboration with individuals linked to the CCP, such as Gongwen Dong and Ye Jianming, further complicates the situation.
James Biden’s acknowledgment of the flow of money from CEFC to Hunter’s firm and subsequently to family members, including Joe Biden, adds another layer to the unfolding narrative of alleged financial impropriety.
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