TREASON: “Ten Percent for the Big Guy” Gets Richer
After Biden’s “botched” Afghanistan withdrawal, and China’s boon thereof, courtesy of the Taliban…the corruption is so blatant; you almost have to respect it.
It is almost respectable…I repeat, almost…the conspicuous corruption we see from Joe Biden and his family. The main-stream liberal media compounds this by covering for them. Sometimes with outright lies. After what has recently developed in global politics, it comes as no shock that the information found on Hunter Biden’s stolen laptop(s) have been put six feet under.
We all know about Hunter’s Burisma issues. What has gone largely underreported is the connections regarding the Bidens’ business dealings with CEFC China Energy. A company that even CNN had to report, “at its height…CEFC China Energy, aligned itself so closely with the Chinese government that it was often hard to distinguish between the two.”
That is, it was and still is, an arm of the Chinese Communist Party.
The equity received by Hunter from the CEFC deal was to be split six ways. This is where “10 [percent] held by [Hunter Biden] for the big guy” comes into play. Tony Bobulinski, a former Biden family business associate, admitted the “big guy” reference meant Joe Biden to Fox News.
To preface, I have worked on mergers and acquisitions of corporations both large and small. So, for the pending “fact-check” coming for this article—let me be quite clear: I have both academic and practical knowledge when it comes to the following information.
There are many complex corporate transactions and moving parts involving ‘ten percent for the big guy.’ Thus, we will stick with the most important concerning President Biden’s 10% stake in CEFC China Energy.
Ten Percent for the big guy—A multi-billion-dollar stake, with vast potential.
With all the developments since the 2020 election, such as China getting the mineral rights to develop its Belt & Road Initiative through the Wakhan Corridor of Afghanistan, the corruption by Biden should amount to treason at the most, and High Crimes and Misdemeanors at the least. They attempted to take out President Trump for loads less.
These mineral rights are worth trillions of dollars in various minerals. Lithium is said to be the most abundant—which is the main mineral used in EV batteries. Electric cars, being something, Biden and Democrats are demanding to be the only cars, very soon.
Nothing to see there…(sarcasm).
CEFC China was a Chinese conglomerate. Its main business dealings were in energy production and exploration and financial services. Its Chairman was jailed in 2018 by Chinese President Xi Jinping, and has not been seen since. This company entered bankruptcy proceedings in 2018 and was completed in March of 2020 by being spun-off and assets acquired. The timing seems impeccable.
CEFC China had a wholly-owned subsidiary called CEFC Europe. This means it controlled 100% of the equity in the company. If you owned 10% of CEFC China, you owned 10% of CEFC Europe, too.
In 2018, a Czech-based financial conglomerate, J&T Group, had one of its subsidiaries, J&T Private Investments (JPTI) obtain all shareholder rights in CEFC Europe. This is wholly different than obtaining 100% of the shares of the company. Oddly, Reuters in its press release says J&T Finance Group is “independent” of JPTI…all one has to do is go to J&T Group’s website to realize that is false.
CEFC Europe, a purported energy company, “bought Czech assets from real estate to breweries, an engineering firm, an airline, and a football club…” according to the Reuter’s press release.
Now, for more interesting developments.
CITIC, the Chinese International Trust Investment Company, the state-owned conglomerate, has since taken a 9.9% stake in CEFC China Energy (and therefore, CEFC Europe) by covering all of CEFC Energy China’s debts. Thus, the “ten percent” for the big guy still has value. It is now just under the purview of CITIC with CEFC China Energy being declared “bankrupt,” and having its assets absorbed.
Moreover, CEFC Europe has since been steered out of bankruptcy and engaging in further business deals. CEFC Europe is a company that both the Bidens and the Chinese Communist Party have a vested interest in its future successes. Which, such future successes seem more likely than not with the vast resources China received rights to from the Taliban in Afghanistan.
As stated above, the fact that Hunter Biden is “holding” the ten percent for his father, such findings are not public. Only Joe Biden has publicly provided his assets. Sure. There is the potential Hunter Biden sold off these stakes and there are no longer any more connections.
But are we really to believe that? The man sells terrible art to anonymous buyers for astronomical prices. And he loves underage Chinese hookers and crack cocaine.
What else, one wonders, is being kept anonymous from the American people?