JUST THE NEWS
A former Hunter Biden business partner involved in early contacts with a Chinese energy conglomerate that paid the first son millions is set to appear in a closed-door deposition before the House Oversight Committee on Tuesday.
Tony Bobulinski, who worked with the younger Biden to form an investment company with CEFC China Energy, is a key witness in the House Republicans’ impeachment inquiry because he had a front row seat to the Biden family’s plans for its partnership with the Chinese company.
Though Hunter Biden would ultimately cut Bobulinski out of the deal and make a much more lucrative arrangement with CEFC—the Biden family received more than $5 million—his early involvement in forming an investment company with Hunter Biden and other partners sheds light on how the Bidens expected to benefit the family patriarch, Joe Biden.
On Monday, a memo circulated among the Democratic members of the Oversight Committee staff pushing back on the House Republicans’ impeachment efforts. It concludes that out of the seven transcribed interviews conducted by the committee, not one brought forward any evidence of President Biden’s involvement in his son’s business dealings.
“Each witness stated they were not aware of any evidence of any wrongdoing by President Biden or of President Biden being involved in, profiting from, or taking official actions in relation to family members’ business ventures. Further, not one of these witnesses indicated they ever had any expectation of receiving or ever did receive any political favors from President Biden or his Administration,” the Democratic staff concluded in the memo, obtained by Punchbowl News.
Bobulinski insists that this conclusion is wrong. Bobulinski first made waves in late October 2020 when he emerged ahead of the presidential election claiming that Joe Biden had knowledge of the Biden family’s plansto profit from the arrangements with the Chinese company and put forward evidence that Joe Biden was involved. The president has denied any involvement in his son’s business.
Bobulinski also publicly confirmed several emails first published by the New York Post showing Hunter Biden and his associates planned to reserve a portion of a planned joint venture for the benefit of the “big guy,” which Bobulinski said was a reference to Joe Biden.
“In dealings with the Chinese, I have heard Joe Biden say that he’s never discussed business with Hunter. That is false,” Bobulinski told reporters at a press conference shortly before the final 2020 presidential debate in October. “I have firsthand knowledge about this because I directly dealt with the Biden family, including Joe Biden,” he continued…