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A Senate report shows that 10 days after Hunter Biden made a newly revealed demand for money, a Chinese energy company forked over $5 million, most of which ended up in a Hunter Biden company.
“On Aug. 8, 2017, CEFC Infrastructure Investment wired $5 million to the bank account for Hudson West III. These funds may have originated from a loan issued from the account of a company called Northern International Capital Holdings, a Hong Kong-based investment company identified at one time as a ‘substantial shareholder’ in CEFC International Limited,” the Senate report stated.
Within 10 days of Hunter Biden’s WhatsApp message to the Chinese official associated with CEFC, a CEFC subsidiary sent 2 payments totaling $5.1M to accounts linked to Hunter, according to records cited in the Senate GOP investigation.
“It is unclear whether Hunter Biden was half-owner of Hudson West III at that time. However, starting on Aug. 8, the same day the $5 million was received, and continuing through Sept. 25, 2018, Hudson West III sent frequent payments to Owasco, Hunter Biden’s firm. These payments, which were described as consulting fees, reached $4,790,375.25 in just over a year,” the Senate report stated.
Smoking Gun? Records Show Where $5M Went After Hunter Biden's Chinese Shakedown - Report
“On Aug. 8, 2017, CEFC Infrastructure Investment wired $5 million to the bank account for Hudson West III. These funds may have originated from a loan issued from the account of a company called Northern International Capital Holdings, a Hong Kong-based investment company identified at one time as a ‘substantial shareholder’ in CEFC International Limited,” the Senate report stated.
Within 10 days of Hunter Biden’s WhatsApp message to the Chinese official associated with CEFC, a CEFC subsidiary sent 2 payments totaling $5.1M to accounts linked to Hunter, according to records cited in the Senate GOP investigation.
“It is unclear whether Hunter Biden was half-owner of Hudson West III at that time. However, starting on Aug. 8, the same day the $5 million was received, and continuing through Sept. 25, 2018, Hudson West III sent frequent payments to Owasco, Hunter Biden’s firm. These payments, which were described as consulting fees, reached $4,790,375.25 in just over a year,” the Senate report stated.
Smoking Gun? Records Show Where $5M Went After Hunter Biden's Chinese Shakedown - Report