September 25, 2021

Milne News

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Hunter Biden steps down from board of Chinese-backed private equity company

3 min read
Hunter Biden steps down from board

Hunter Biden is stepping down from the board of a Chinese-backed private equity company and is promising to forego all foreign work if his father, Joe Biden, is elected president in 2020.

After disappearing for months, this is the first time anyone has heard from Hunter who has kept a low profile as more and more evidence of corruption is exposed regarding suspicious business deals involving him and his father Joe.

According to a statement released on his behalf by his lawyer George Mesires, Hunter Biden said he will resign at the end of the month from the management company of a private equity fund that’s backed by Chinese state-owned entities. Hunter has also pledged that he won’t work for any foreign-owned companies or serve on their boards if Joe Biden wins the 2020 election.

He also claimed that he never discussed his business activities with his father.

“Hunter always understood that his father would be guided, entirely and unequivocally, by established U.S. policy, regardless of its effects on Hunter’s professional interests,” the statement said. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”

Hunter Biden made millions of dollars from China while his father was vice president and  Joe Biden used his position as the U.S. administration’s point person on Ukraine to help quash an investigation in 2016 into the owner of one of the country’s largest private gas companies where Hunter sat on the board.

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