‘Fun Times In Beijing’: Hunter Biden Received $700,000 From Company That Held Stake In Chinese Investment Firm
Andrew Kerr
Investigative Reporter
October 17, 2019 9:10 PM ET
Numerous news reports have asserted Hunter Biden received $50,000 a month from the Ukrainian natural gas company Burisma, but available records do not support that claim.
But the son of former Vice President Joe Biden did receive over $700,000 in payments from a capital management company called Rosemont Seneca Bohai, which obtained a 20% equity stake in BHR Partners, a Chinese investment firm.
Hunter Biden served on the board of BHR Partners, which has close ties to the Bank of China.
Hunter Biden has also dodged questions about whether the $50,000 monthly payments were compensation for his work with Burisma, and his lawyer did not respond to multiple requests for comment on this story.
Hunter Biden received over $700,000 from a New York-based capital management company that held equity in a Chinese investment firm with close ties to the Bank of China, a Daily Caller News Foundation review of Hunter Biden’s Chinese, Ukrainian and American business dealings has found.
And despite the deluge of media reports saying Hunter Biden received $50,000 a month for his work on the board of the Ukranian natural gas company Burisma Holdings, the records tell a much different story.
Hunter Biden, the son of former Vice President Joe Biden, did not receive any compensation directly from Burisma, according to available records. The oft-cited $50,000 a month figure is actually based on payments he received from a New York-based company called Rosemont Seneca Bohai, which was owned and controlled by his longtime business partner, Devon Archer.
more
https://dailycaller.com/2019/10/17/hunter-biden-burisma-ukraine-china/
