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Americans must ‘seriously consider the implications [of] the Biden family’s vast web of foreign financial entanglements’ on national security.
Republican Sens. Ron Johnson of Wisconsin and Sen. Chuck Grassley of Iowa revealed on Tuesday that Hunter Biden and James Biden were funneled millions of dollars from companies directly influenced by the Chinese Communist Party to offer the “spy chief of China” legal representation.
Energy company CEFC, which Johnson and Grassley say is “effectively an arm of the Chinese government,” paid Hudson West Three, one of Hunter’s companies, $1 million in November 2017. Five months later, Hunter’s Hudson West Three transferred $1 million to another Hunter Biden company, Owasco with a memo detailing the funds were for CEFC vice-chairman and secretary-general Dr. Patrick Ho Chi Ping’s “Representation.”
The same month CEFC sent a $1 million wire to Hudson West Three, Ho was arrested and charged with using millions of dollars to “bribe top officials of Chad and Uganda in exchange for business advantages for CEFC.” In 2019, Ho was convicted and sentenced in the United States to three years in prison for international bribery and money laundering.
“And guess what Ho did around the same time he was arrested by the FBI for corruption and bribery. He contacted James Biden,” Johnson explained from the Senate floor on Tuesday. “Ho’s decision to call the Biden family around the same time he got arrested is revealing, particularly in light of the fact that the same month a million dollars just happened to be transferred to Hunter Biden’s company.”
Audio from Hunter’s abandoned laptop indicates that he knew Ho as the “spy chief of China who started the company that my partner, who is worth $323 billion, founded and is now missing.” The “missing” partner is believed to be Ye Jianming, founder of CEFC China Energy, who was disappeared and later tried by the communist regime.
“Hunter Biden isn’t a criminal defense attorney,” Johnson noted. “Patrick Ho was charged and convicted for bribery and related federal offenses. So what kind of representation was Patrick Ho’s company paying Hunter Biden’s firm to provide? Were they paying his firm for its legal expertise, or for Hunter’s political connections?”
Both Grassley and Johnson, who have spent years investigating the Biden family’s shady overseas dealings, attempted to uncover more but said the Department of Justice stifled their investigation by refusing to cooperate. Hunter and James also refused to be “transparent and forthcoming” when “they declined to speak to us.” He also said “their silence speaks volumes.”
“Hunter Biden knew exactly who he was dealing with. He was dealing with the ‘expletive deleted’ spy chief of China. And that fact should alert the media and our Democrat colleagues to seriously consider the implications the Biden family’s vast web of foreign financial entanglements have in the conduct of this administration’s foreign policy and our national security,” Johnson remarked.
Jordan Boyd is a staff writer at The Federalist and co-producer of The Federalist Radio Hour. Her work has also been featured in The Daily Wire and Fox News. Jordan graduated from Baylor University where she majored in political science and minored in journalism. Follow her on Twitter @jordangdavidson.