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Posted by: TEEBONE ®

10/29/2019, 18:34:13

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Hunter Biden under investigation for alleged conflict in China ops - WND

WND Staff
3-4 minutes

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When Joe Biden was President Obama's point man for Ukraine policy, his son Hunter was paid more than $50,000 a month for being on the board of a Ukrainian gas company, an industry in which he had no previous experience.

Joe Biden claims that was all on the up-and-up.

But Hunter Biden also traveled on Air Force Two with his father to China, and now the Washington Free Beacon reports a U.S. senator is investigating whether Hunter Biden "improperly benefited from his business ties to a Chinese investment firm that has partnered with a Chinese-backed aviation company keen on stealing U.S. national security secrets."

The Free Beacon said Senate Finance Committee Chairman Sen. Chuck Grassley, R-Iowa, has obtained a classified briefing about the matter.

"The Aviation Industry Corporation of China had raised national security concern in the U.S. before. American national security officials and independent analysts strongly suspected that the company, a major supplier of military jets in China, had hacked U.S. networks to steal the design of the F-35 jet and used the design to build its own stealth jet fighters," the report said.

The Biden link comes through the Aviation Industry Corporation of China's partnership in 2015 with BHR Partners, a Chinese government-linked equity company, to buy Henniges Automotive, a U.S. auto company whose products are beneficial militarily.

Hunter Biden was on BHR's board during the $600 million acquisition, one of the largest by a Chinese company of a U.S.-based auto company.

The "extensive, classified briefing" to the senator was delivered by Commerce and Treasury department officials, and the office of the director of national intelligence, a spokesman for Grassley said.

The spokesman, Michael Zona, said Grassley "intends to review additional material and will contact the agencies with follow-up questions in the coming weeks."

The Free Beacon said Grassley raised the concern in a letter two months ago questioning the potential Obama administration conflicts of interest.

"The State Department, then led by John Kerry, had to approve the deal. Kerry's stepson, Christopher Heinz, worked side by side with Biden as an investor in BHR and stood to benefit directly from the deal. Biden's father, Joe Biden, was the vice president at the time the deal was approved. Grassley has requested detailed information about how the deal was approved, what role White House personnel played in the decision, and whether they followed proper procedure," the Free Beacon said.

Grassley stated in his letter that "there is cause for concern that potential conflicts of interest could have influenced CFIUS approval of the Henniges transaction."

Biden admitted through his lawyers that he invested $420,000 in BHR, and as long as he retains his investment, "he stands to profit from the company's performance," the report said.

The president has called on China to investigate the son of the Democratic presidential frontrunner.

Joe Biden has insisted he and his son did nothing wrong.




LIBERTY HAS NO EXPIRATION DATE

Democrats wouldn't buy a clue if it was government subsidized.





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