Author Topic: Biden planned to join son’s China-backed firm after vice presidency, former partner tells Congress  (Read 200 times)

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Biden planned to join son’s China-backed firm after vice presidency, former partner tells Congress

The new witness testimony from Jason Galanis reinvigorates the House impeachment inquiry with fresh evidence of Biden family influence peddling.
By Steven Richards

Published: February 23, 2024 6:33pm

In his opening statement to House impeachment investigators, former Hunter Biden business partner, Jason Galanis, said Joe Biden planned to join the board of his son’s firm which was being backed by a Chinese businessman and state-owned enterprises.

Galanis delivered his opening statement on Friday morning to congressional investigators from inside a federal prison in Alabama where he is serving a prison sentence for engaging in an illegal scheme to enrich Burnham Asset Management.

Galanis also unequivocally told investigators his firm originally partnered with Hunter Biden because of his family name.

“The entire value-add of Hunter Biden to our business was his family name and his access to his father, Vice President Joe Biden,” he said in his opening statement, obtained by Just the News.

He also described the purpose of the joint venture with Hunter Biden.

“Our objective was to build a diversified private equity platform, which would be anchored by a globally known Wall Street brand together with a globally known political name,” he said.

After the group, which included Galanis, Hunter Biden, and Devon Archer, acquired Burnham & Co., the intention was for the firm to become “the focal point for integrating a 'Biden Family Office' into a large-scale financial company with international influence.”

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https://justthenews.com/accountability/political-ethics/biden-planned-join-sons-china-backed-firm-post-vice-presidency
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