Hunter Biden entered into a consulting contract with China’s largest private energy company that initially earned him $10 million a year “for introductions alone,” according to leaked emails.
In an email chain from Aug. 2, 2017, Biden discussed a deal with the former chairman of CEFC China Energy, Ye Jianming, saying Ye agreed to change the terms of Biden’s three-year consulting contract with CEFC, which initially promised Biden $10 million per-year “for introductions alone,” to make it “much more lasting and more lucrative,” the New York Post reported, although the authenticity of the Biden emails has not been independently confirmed.
The new deal included a 50 percent equity stake in a holding company created by Ye rather than the $10 million in annual cash that had been previously negotiated.
“The chairman changed that deal after we me[t] in MIAMI TO A MUCH MORE LASTING AND LUCRATIVE ARRANGEMENT to create a holding company 50% percent [sic] owned by ME and 50% owned by him,” Biden wrote in one email.
In the same email chain, Biden discussed deals with the CEFC that he said were “interesting to me and my family.”
Another email sent to Biden on May 13, 2017 had the subject line “Expectations” and identified Biden as “Chair / Vice Chair depending on agreement with CEFC.”
CEFC reportedly went bankrupt this year. Ye, who was connected to Chinese military and intelligence, has been missing since 2018, when he was arrested by Chinese authorities…
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