The court of public opinion is starting to understand the danger China presents to the world. Most recently, their inconsistencies, lies, and murder in relation to the origins and spreading of COVID-19 has proven the Communist country to be unreliable at best. What most people don’t know, however, is how much Hunter Biden benefitted in his business dealings with China when his father was the Vice President. Being a darling Democrat means the mainstream media keeps your skeletons in your closet, well, in your closet.
Hunter Biden still owns a 10% ownership stake in the company through his LLC
Hunter Biden’s irrational employment with Ukraine’s energy company has been front and center, but his relationship with a Chinese private equity firm BHR Partners deserves just as much attention. Most notably, it is concerning because Biden still owns 10% of the Chinese company during an election year in which his father is attempting to be the next President of the United States.
Hunter Biden began “serving as an unpaid member of BHR’s board when it was founded in 2013, and in October 2017 he obtained his equity stake in the firm with a $420,000 investment, according to a statement issued by his lawyer, George Mesires, in October of 2019” reported The Daily Caller.
Presidential candidate Joe Biden received scrutiny for his son’s involvement in Ukraine and Chinese companies. Hunter pledged to relinquish his position. However, the Daily Caller found that the junior Biden did not submit his paperwork until “more than six months after he pledged to relinquish his position with the firm ‘on or by October 31,’ according to Qixinbao and Baidu, two independent services that provide registration information on Chinese corporations based on NCIPS filings.”
The timeline of dishonesty continues. “BHR’s business records with the NCIPS were updated on April 20 to reflect Hunter Biden’s departure from its board less than one week after the Daily Caller News Foundation reported on April 14 that his name was still listed as a member of the firm’s board at the time and that no evidence had yet surfaced to prove that Biden had actually relinquished his position with the company.”
April itself was a few months ago, and Hunter Biden still owns a 10% ownership stake in the company through his LLC reports Daily Caller. The Chinese business “records also show that Hunter Biden continues to hold a 10% equity stake in BHR through his company, Skaneateles LLC, as of Friday, a position he maintains despite a pledge in December from his father, former Vice President Joe Biden, that none of his family members would ‘be engaged in any foreign business’ if he is elected president in November.”
Hunter’s attorney has refused “multiple requests by the DCNF for a copy of Hunter Biden’s actual letter of resignation from the firm’s board.” The Biden campaign also was silent when asked if the presidential hopeful will “call on his son to relinquish his equity stake in the Chinese private equity firm.”