Hunter Biden, the son of former Vice President Joe Biden, allegedly acted as the “personal attorney” for Ye Jianming, the chair of a major Chinese energy firm, in a deal to buy a 14% stake in a Russian state oil company facing U.S. sanctions.
The stunning accusation was made by Tony Bobulinski, a former business partner of the Biden family, during an interview Tuesday evening with Tucker Carlson on Fox News.
Bobulinski explained that he was to have been the CEO of a new firm, Sinohawk, that was to be a joint venture between CEFC — the “capitalistic side of the Chinese government” — and the Biden family. He said he met with Joe Biden in 2017 to discuss the arrangement, contradicting Biden’s denials on the campaign trail.
However, the deal fell through, he explained, partly because CEFC tried to buy a 14% stake in Rosneft, the Russian state oil company. At that time, Russia faced sanctions because of its invasion of Ukraine and seizure of Crimea in 2014. The Financial Times reported that the CEFC deal was to help Rosneft find new markets “as relations deteriorate with the west.”
That deal, too, eventually fell through, as CEFC was investigated for corruption by China and other countries as well.