Information from a whistleblower in the Hunter Biden laptop scandal not only corroborated the recovered hard-drive data but revealed that Biden associates knew they were dealing with Chinese spies in a massive joint equity venture with one of the country’s largest energy companies.
The Wall Street Journal on Thursday offered new e-mail material from Tony Bobulinski, the former CEO of Sinohawk Holdings, a 2017 venture which several members of the Biden clan hoped to use to cash in on their family brand and access to power.
The $10 million deal, involving a top executive from China’s CEFC, first took shape in the final years of the Obama administration, while Joe Biden was vice president.
Here’s the full “10 held by H for the big guy” email: pic.twitter.com/CwmwZ9f7Is
— Peter J. Hasson (@peterjhasson) October 22, 2020
Despite Joe Biden’s denial during Thursday night’s debate, evidence indicates that the current Democrat presidential nominee was among those claiming a 10 percent stake in the investment.
Bobulinski confirmed that the Biden family patriarch/cash-cow was referred to as “the big guy” in a May 2017 email addressing “remuneration packages” for the new company, one of several euphemistic nicknames that appear designed to conceal his direct involvement.
In providing the corroborating material, Bobulinski also refuted the claims made by Joe Biden and his campaign allies that the scandal was part of a Russian ‘disinformation’ plot.
Bobulinski said in a statement Wednesday that he considered the suggestion to be “offensive.”
After his name and contact information surfaced in the newly public emails, recovered from Hunter Biden’s abandoned laptop, Bobulinski came forward to cooperate with investigators, already suspecting after the revelations in a Senate report last month that the Bidens had thrown their American business partners under the bus.
“I don’t have a political ax to grind; I just saw behind the Biden curtain and I grew concerned with what I saw,” Bobulinski said in his statement.
“The Biden family aggressively leveraged the Biden family name to make millions of dollars from foreign entities even though some were from communist-controlled China.”
According to the Wall Street Journal analysis of the new evidence furnished by Bobulinski, the all-American former wrestler and Navy lieutenant had no ties to the Bidens when initially approached about the China deal.
He expressed his reservations in messages to James Gilliar, the chief intermediary among the business partners, who acknowledged that Hunter Biden had “skill sets missing” and “has a few demons.”
Nonetheless, Gilliar told Bobulinski that Hunter—and later his uncle Jim—brought immeasurable brand value to the venture.
Gilliar told Bobulinski that the Chinese partners involved “are intelligence so they understand the value added.”
The partners seem to have had a rift, however, over the compensation levels and the unequal contributions of the stakeholders.
Bobulinski objected to adding Jim Biden into the mix with an incentives package substantially larger than his own CEO compensation.
As to Hunter’s long list of demands, Bobulinski wrote to complain that “he thinks things are going to be his personal piggybank.”
Hunter fired back by making clear that his family name gave him all the negotiating leverage.
“[I]n this instance only one player holds the trump card and that’s me,” he wrote. “May not be fair but it’s the reality because I’m the only one putting an entire family legacy on the line.”
According to the Wall Street Journal, the Chinese company, CEFC, maintained close ties with the Chinese communist government and military. It ultimately went bankrupt amid a US probe into money laundering.
Shortly thereafter, CEFC Chairman Ye Jianmin, the top Chinese stakeholder in the joint venture, was arrested by the Chinese military and reportedly has not been heard from since.
Gilliar acknowledged to Bobulinski that the goal in bringing on the Bidens was to wield influence, likely as protection against such criminal investigations.
Joe Biden had done so earlier by pressuring Ukrainian officials to drop a corruption investigation against Burisma, an energy company paying Hunter Biden an estimated million-dollar annual consulting fee to sit on its board.
“I know why [Ye] wants the deal and what makes it enormous,” Gilliar told Bobulinski. “It’s the family name.”
He also warned Bobulinski to maintain the utmost secrecy about Joe Biden’s role in the enterprise.
“Don’t mention Joe being involved, it’s only when u are face to face, I know u know that but they are paranoid,” Gilliar wrote.
Seeing the Sinohawk Holdings deal fall through, Ye renegotiated a new offer with the Bidens that involved a 50–50 equity split, which Hunter said was more agreeable to his family than the “consulting” fees offered under the earlier terms.
The new company, Hudson West, also opened credit lines for Hunter, Jim and Sara Biden (Jim’s wife) according to the report by the Senate Homeland Security and Governmental Affairs Committee.
“Mr. Bobulinski suspects Hunter and Jim had found an easier way to cash in on their name, one that didn’t involve pesky partners and complex deals,” reported the Wall Street Journal.