President-elect Joe Biden’s son Hunter Biden still owns a 10 percent stake in an investment firm he formed with institutions owned by the Chinese Communist Party.
The continued ownership, first reported by the Wall Street Journal, comes despite the president-elect saying this month that Hunter won’t “be involved in any business, any enterprise that is in conflict with or appears to be in conflict with where there’s appropriate distance from the presidency.”
Hunter Biden formed the investment business, called BHR Partners, 12 days after he joined his father aboard Air Force Two for a December 2013 trip to Beijing.
The Journal reports that the firm is “controlled and funded primarily by large Chinese government-owned shareholders,” including the Bank of China.
Although it had initial goals of raising $1.5 billion in investment capital, it reportedly fell far short.
The Journal reports that a Hunter Biden-owned Delaware company, Skaneateles LLC, still owns 10 percent of BHR, according to business records.
creepy joe is so senile he didn`t even know what he was running for ,so it`s no surprise that he doesn`t know that he has a son named hunter who is a 10% holder in a subsidiary of a chinese company. I bet if you gave him a polygraph and asked him if he just got elected to the U.S. senate he would say yes and he would pass the polygraph because he actually believes the shit he says. The guy is in the terminal stages of dementia,you can`t hold him responsible for anything he says. He is completely out of touch with reality.
Anyone with any common sense or smarts can see the boy is the same as his immediate family. That crowd has always been looked at by Delaware citizens as corrupt, lying thieves. All of my known Delawareans say just that. They can’t stand him and never could, even forty years ago. You can see for yourself, he lied about the female that accused him of jacking her up in the hallway when he began his mighty career at the government trough. He lied about attending at black college, about the beginning relationship of Jill according to her first husband. The list of lies have been right before the public and he keeps getting in offices. This conversation could go through the night. What a awful candidate for anything.