After leaked Hunter Biden emails exposed Joe Biden’s secret Ukraine ties, more emails obtained by the New York Post revealed that the family’s corruption may spread even further than initially thought.
The new emails obtained by The Post show that Hunter pursued lucrative deals involving China’s largest private energy company – including one which he claimed would be “interesting for [him] and [his] family.”
One email sent to Hunter on May 13, 2017, with the subject line “Expectations,” included details of “remuneration packages” for six people involved in an unspecified business venture.
Hunter was identified as “Chair / Vice Chair depending on agreement with CEFC,” an apparent reference to the former Shanghai-based conglomerate CEFC China Energy Co.
His pay was pegged at “850” and the email also noted that “Hunter has some office expectations he will elaborate.”
In addition, the email outlined a “provisional agreement” under which 80 percent of the “equity,” or shares in the new company, would be split equally among four people whose initials correspond to the sender and three recipients, with “H” apparently referring to Biden.
The deal also listed “10 Jim” and “10 held by H for the big guy?”
Neither Jim nor the “big guy” were identified further, but Jim could be referring to Joe Biden’s brother James who often goes by Jim, and the “big guy” could be a reference to Joe Biden himself.
The email’s author, James Gilliar of the international consulting firm J2cR, also noted, “I am happy to raise any detail with Zang if there is [sic] shortfalls ?”
“Zang” is an apparent reference to Zang Jian Jun, the former executive director of CEFC China.
Another email — sent by Hunter as part of an Aug. 2, 2017, chain — involved a deal he struck with the since-vanished chairman of CEFC, Ye Jianming, for half-ownership of a holding company that was expected to provide Biden with more than $10 million a year.
Ye, who had ties to the Chinese military and intelligence service, hasn’t been seen since being taken into custody by Chinese authorities in early 2018, and CEFC went bankrupt earlier this year, according to reports.
Hunter wrote that Ye had sweetened the terms of an earlier, three-year consulting contract with CEFC that was to pay him $10 million annually “for introductions alone.”
“The chairman changed that deal after we me[t] in MIAMI TO A MUCH MORE LASTING AND LUCRATIVE ARRANGEMENT to create a holding company 50% percent [sic] owned by ME and 50% owned by him,” Hunter wrote.
“Consulting fees is one piece of our income stream but the reason this proposal by the chairman was so much more interesting to me and my family is that we would also be partners inn [sic] the equity and profits of the JV’s [joint venture’s] investments,” Hunter continued.
A photo dated Aug. 1, 2017, shows a handwritten flowchart of the ownership of “Hudson West” split 50/50 between two entities ultimately controlled by Hunter Biden and someone identified as “Chairman.”
According to a report on Hunter Biden’s overseas business dealings released last month by Sens. Ron Johnson and Chuck Grassley, a company called Hudson West III opened a line of credit in September 2017.
Credit cards issued against the account were used by Hunter, his uncle James Biden and James’ wife, Sara Biden, to purchase more than $100,000 “worth of extravagant items, including airline tickets and multiple items at Apple Inc. stores, pharmacies, hotels and restaurants,” the report said.
The documents obtained by The Post also include an “Attorney Engagement Letter” executed in September 2017 in which former Hong Kong government official Chi Ping Patrick Ho, agreed to pay Hunter a $1 million retainer for “Counsel to matters related to US law and advice pertaining to the hiring and legal analysis of any US Law Firm or Lawyer.”
In December 2018, a Manhattan federal jury convicted Ho in two schemes to pay $3 million in bribes to high-ranking government officials in Africa for oil rights in Chad and lucrative business deals in Uganda.