(National Sentinel) Quid Pro Quo: A new book by “Clinton Cash” author Peter Schweizer reveals details about how Hunter Biden, former Vice President Joe Biden’s son, secured a billion-dollar deal with Chinese investors ten days after his father visited China in 2013.
As reported by Breitbart News, the book, titled, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” claims that the Biden billion-dollar China deal was completed with Hunter Biden was a managing partner at the private equity firm Rosemont Seneca Partners. The Chinese funds were managed by Rosemont Senica Bohai.
Breitbart noted further:
In December of that year, Vice President Biden and his son Hunter flew aboard Air Force Two to China. Ten days after the trip, a subsidiary of the Bank of China named Bohai Capital signed an exclusive deal with Hunter Biden and Chris Heinz’s Rosemont to form a $1 billion joint-investment fund called Bohai Harvest RST. The deal was later increased to $1.5 billion.
Chris Heinz is the stepson of former Obama Secretary of State John Kerry, who had taken over from Hillary Clinton at the time of this deal.
“The Chinese government was literally funding a business that they co-owned along with the sons of two of America’s most powerful decision makers,” writes Schweizer.
In an interview on Fox Business, former Trump deputy assistant Dr. Sebastian Gorka said that if Schweizer’s account is accurate, it amounts to a massive scandal potentially bigger than the Obama-era Uranium One deal involving Hillary Clinton, Bill Clinton, and the Clinton Foundation.
“The stepson of John Kerry, the son of Joseph Biden, when they were cabinet members of the Obama administration, create a new investment fund… then inked a billion-dollar deal with the Chinese government — the Bank of China,” he told Fox Business‘ Stuart Varney.
“Then, together they proceeded… to buy a U.S. manufacturing company called Henniges, making very sensitive equipment — crucial to our American military here at home,” he continued.
“This, look, I am very rarely at a loss for words Stuart, but this is potentially one of the biggest pay-for-play scandals we have ever seen outside of Uranium One.”
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