“There’s no middleman in this transaction. This is $100,000 from what is effectively an arm of the communist Chinese government direct to Hunter Biden,” Grassley said on the Senate floor on Monday. “To the liberal media and my Democratic colleagues: Is this official bank document Russian disinformation?”
“Bank records like this piece of evidence are pretty hard to deny and sweep under the rug. Our reports were chock full of irrefutable evidence like this. And yet, the media buried those details, in an attempt to keep it hidden from the American people,” Johnson added in his remarks before the Senate.
The payment occurred in 2004 when “the Big Guy”—Joe Biden—was the chairman of the Senate Foreign Relations Committee, Breitbart News reported.
“Fortunately, they failed to discredit our investigation because we stayed true to government records. We stayed true to the facts and the evidence.”
Hunter Biden’s business dealings with CEFC China Energy have been well-documented, with Peter Schweizer’s book, “Red Handed: How American Elites Get Rich Helping China Win” documenting that CEFC China Energy had also paid Hunter Biden the sum of some $6 million dollars in 2017.
CEFC, led by chairman and majority owner Ye Jianming, is no longer in business. A previous release by Breitbart reported:
Furthermore, by July 2017, CEFC began making interest-free, forgivable loans to the Biden family. CEFC executive Zhao Running wrote that $5 million was intended as money lent to the BD family, not just Hunter Biden. “This $5 million loan to the BD [Biden] family is interest free,” Zhao wrote.
Schweizer notes that “interest-free loans provide tremendous leverage because the lender can demand its money back if it is displeased by any action.”
In August 2017, CEFC Infrastructure Investment LLC sent Hunter Biden’s law firm, Owasco, $100,000. Four days later, the firm wired $5 million to another entity controlled by Ye, which then started sending regular payment to Owasco. Biden then transferred $1.4 million of that money to a firm called Lion Hall Group, which was controlled by his uncle James Biden, and his wife, Sara Biden.
In his Senate remarks, Grassley accused Hunter and James Biden of creating a scheme to profit from “the Big Guy’s” position in the American government.
“Hunter Biden and James Biden served as the perfect vehicle by which the communist Chinese government could gain in-roads here in the United States through CEFC and its affiliates,” Grassley continued.
“And these in-roads were focused on China’s advancement into the global and U.S. energy sector. Hunter and James Biden were more than happy to go along for the right price.”
Johnson agreed with Grassley’s analysis, suggesting that Democrats and the mainstream media “gaslit” the American people for years over the bogus Russia collusion hoax instead of focusing on where the true corruption lay—with the Biden family and China.
“Senior Democrats and the liberal media cooperated to smear me and Sen. Grassley with false accusations of receiving and spreading Russian disinformation,” Johnson said.
“They crafted documents, leaked them, asked for briefings, and leaked those too. And then, they themselves disseminated Russian disinformation.”
Johnson said he and Grassley were able to stay true to the government records that were available, as well as facts and evidence. And now they appear to be vindicated.