The one-time business partner of Hunter Biden resigned from his role at the head of a major investment fund earlier this month after he was placed under investigation by the Chinese authorities for “personal problems.”
Zhao Xuejun—who Biden and his other business associates referred to as Henry—was the Chairman of Harvest Fund Management, one of the largest asset managers in China. The investigation of Zhao is suspected to stem from Beijing’s wider crackdown on the securities sector.
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Already accused of lying to Congress about other issues, Hunter Biden’s February impeachment inquiry testimony distancing himself from a controversial securities firm directly conflicts with evidence the FBI seized years ago, including his signature on an employment contract that made him the firm’s vice chairman.
The documents were gathered by FBI and SEC agents back in 2016 and were recently obtained by Congress and shared with Just the News, but not until after Hunter Biden had already given his deposition in February to the U.S. House as part of his father’s impeachment inquiry.
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With the authenticity of Hunter Biden’s laptop having been verified again – this time in court – data extracted from it about the first son’s long-history of tax problems will likely be key to federal prosecutors in Biden’s upcoming tax evasion trial.
The contents of the hard drive, obtained and authenticated by the FBI as early as December 2019 will show the first son’s tax delinquency and unsuccessful efforts to settle his massive debts with the IRS while continuing to spend beyond his means, according to emails obtained from the laptop by Just the News.
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Federal agents gathered evidence during the 2016 election that Hunter Biden had used access to his father on an official government trip to Beijing aboard Air Force Two to connect prospective Chinese business partners with then-Vice President Joe Biden, according to a massive cache of documents recently turned over to Congress and obtained by Just the News.
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Newly-disclosed emails show a Chinese businessman who partnered with Hunter Biden’s Burnham firm was primarily motivated by access rather than financial considerations, bolstering the House Oversight Committee’s contention that the Biden name was the commodity being sold by the younger Biden.
In late February, impeachment witness Jason Galanis—one of Hunter Biden’s partners in the Burnham venture—told Congress the firm served as place to integrate the “Biden Family Office” with a “large-scale financial company.”
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Witness testimony from the ongoing impeachment inquiry has indicated there is a key role in Biden family business dealings that Joe Biden played: showing that his son had access to him to close deals with characters from unfriendly countries.
The latest in a string of interview transcripts released by the House Oversight Committee, bolsters this claim from Republicans. Jason Galanis—a former business partner of Hunter Biden—testified to Joe Biden’s special role in their deals, which he described as the “Biden Lift.” Galanis, along with another impeachment witness, Tony Bobulinski, claims the Biden name and the perception of influence were key for Hunter Biden to secure deals.
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New statements by a onetime business partner of Hunter Biden to the House impeachment inquiry shed new light on the efforts by the son of the then-vice president to secure a financial future for his family: by organizing a multibillion-dollar hedge fund marrying foreign investors with the “globally known political name” Biden.
Though Jason Galanis’ sworn testimony provides new context to the group’s plans, an email obtained from Hunter Biden’s abandoned laptop and evidence obtained by the impeachment inquiry reveal the full scope of the effort before a fraudulent tribal bonds scheme brought down Galanis and Devon Archer—another Hunter Biden business partner involved in the deal.
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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.
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