The first son, Hunter Biden, joined First Lady Jill Biden to receive the White House Christmas tree on Monday – just two days after his attorney claimed he sold his 10% stake in a fund to investment controlled by Chinese public entities.
Hunter Biden, his wife Melissa Cohen and their almost 2-year-old son Beau joined the first lady as a horse-drawn cart delivered the tree. The first lady snapped a branch from the tree and gave it to the toddler before planting a kiss on her grandson.
Scandal-ridden Hunter arrived at the White House after The New York Times on Saturday highlighted the role of his China-based company, BHR Partners, in a $ 3.8 billion deal in 2016 that transferred control of ‘a Congolese cobalt mine from an American company to the China Molybdenum firm. Cobalt is a key component in electric car batteries.
Hunter Biden’s attorney Chris Clark told The Times his client “no longer owns any interest, directly or indirectly, in BHR or Skaneateles”, referring to a company that previously held Hunter’s stake in the company – without providing further details.
BHR Partners was registered 12 days after Hunter joined his father aboard Air Force Two for a 2013 trip to Beijing.
It is not immediately clear how much money, if any, Hunter Biden was paid for his stake in the company or who may have bought it from him.
All of the details regarding the surrender are shrouded in mystery. The White House referred questions about the transaction to Clark, who did not respond to requests for comment from The Post.
It is not known, for example, if Hunter Biden was paid by Chinese government-related entities that control the company – or if he simply transferred his ownership to someone else, such as a family member, without compensation. .
It is also unclear whether the divestment took place before or after his father, President Biden, held a 3.5-hour virtual summit last week with Chinese President Xi Jinping.
President Biden often speaks of China as an electric car rival, despite his son’s role in helping the Chinese acquire cobalt. The President said earlier this month that he had consulted his son about his trip to the United Nations Climate Change Conference in Glasgow, Scotland, making a rare admission of Hunter Biden’s influence on official policy.
The ties between Elder Biden and his son’s business ventures are often murky.
The then second son was awarded $ 1 million a year to serve on the board of Ukrainian natural gas company Burisma, while then vice president Biden controlled Ukrainian politics in the Obama administration. He had no relevant experience in the industry.
Last month, Hunter Biden won $ 375,000 from unknown buyers of five prints of his novice artwork ahead of an exhibit attended by Los Angeles Mayor Eric Garcetti, Biden’s candidate for ambassador to India, triggering new ethical questions.
A 2017 email retrieved from Hunter Biden’s laptop described a 10% layaway for “the big guy” in a possible deal involving a Chinese energy company. Hunter Biden’s former business partner Tony Bobulinski said Joe Biden was the “big guy.”
And laptop documents indicate that Joe Biden attended a dinner in Washington in 2015 with a group of his son’s associates, including a trio of Kazakhs and Russian billionaire Yelena Baturina and her husband, the former mayor. from Moscow Yury Luzhkov. A Senate report released last year said a company linked to Hunter Biden received $ 3.5 million from Baturina in 2014.
One photo shows Joe Biden posing with the Kazakh group both at the dinner and a day after the rally, Burisma manager Vadym Pozharskyi emailed the then second son thanking him for the opportunity to meet his father.
Photos and emails released by The Post also indicate that Joe Biden in 2015 hosted his son and a group of Mexican associates at the vice president’s official residence. In 2016, Hunter Biden apparently emailed one of these associates while aboard Air Force Two for an official visit to Mexico, complaining that he had not received any favors. reciprocal business after “I brought all the people you ever asked me to bring to the F’ing White House and the Vice President’s house and the grand opening.”
Biden said in December that his family members would not occupy any business role that conflicts with “or appears to conflict” with his job as president, but until his attorney’s statement over the weekend, the White House had repeatedly said that the first son was still working to “unwind” his Chinese holdings.