Hunter Biden had deep business ties with communist party-linked Chinese tycoon: new Senate report

Hunter Biden had deep business ties with communist party-linked Chinese tycoon: new Senate report


Two Senate Republicans have released a report based on newly obtained documents that show further close financial and operational ties between Hunter Biden and a mega-rich Chinese tycoon linked to the communist party.

Senate Finance Committee Chairman Charles Grassley of Iowa and Homeland Security and Governmental Affairs Chairman Ron Johnson said the deep ties “create counterintelligence and extortion concerns” as Joseph R. Biden prepares for the U.S. presidency. 

Son Hunter Biden was the subject of a Grassley-Johnson Republican staff report on Sept. 23 that showed huge suspicious wire transfers from Russian and Ukraine oligarchs to Hunter in 2014 while Joseph Biden was vice president. 

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The report, based on Treasury Department Suspicious Activity Reports (SARS) filed by financial institutions who handled the wires, also disclosed millions of dollars from Chinese entities. Hunter diverted some of that money to uncle James Biden, his business partner. His wife refused to cooperate with the bank when it made inquiries, the SARS reports said. 

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