Chinese energy company gave $5 million no-interest, unsecured, fully-forgivable loan to Biden family

An email from the now scandalous laptop once owned by Hunter Biden outlines a corruption scheme that gave the Biden family a $5 million no-interest, unsecured, and fully forgivable loan from a Chinese state-owned enterprise.

That email was sent to SinoHawk Holdings CEO Tony Bobulinski and shows how a top official with CEFC Energy (now defunct State owned enterprise based in China) offered to wire $10 million into an account to begin operations, $5 million worth of which would be a non-secured forgivable loan to the “BD Family,” intended to identify the Biden family.

The email also says that $5 million loan is “interest free” and asks how that $5 million would be used, and if used up, whether CEFC should lend more money to the Biden family.

This email further fleshes out details surrounding the controversial arrangement first uncovered by U.S. Senate investigators in a recent Homeland Security Committee report, and further uncovered by a bombshell New York Post story on emails retrieved from Hunter Biden’s laptop.

Bobulinski’s emails include the terms of the financial arrangement behind the wire transfer that CEFC officials made into a firm aligned with the Bidens, which transferred significant sums to Hunter Biden’s own firm — a wire transfer and financial payments that were first exposed by Senate investigators.

The Senate Homeland Security Committee’s recent report indicates that $5 million was wired directly into the account in question just two weeks after the $10 million was received — and then Hunter Biden’s firm spent the next year wiring $4.8 million from that account into his own firm’s account.

CEFC was a controversial energy company owned by Ye Jianming, one of China’s most ambitious tycoons before he was imprisioned in China for financial crimes. Ye was once one of China’s greatest rags-to-riches stories.

Ye was a humble park ranger who began making oil investments in his twenties and became a billionaire before he hit 40. Promoted as an affable businessman who was well-connected but not considered a political risk for foreign business partners.

CEFC is at the center of the burgeoning Biden scandal.

Bobulinski went public with his email communications late Wednesday night. Bobulinski also provided emails that detailed remuneration packages related to the CEFC deal. The email references a breakdown of how acquired monies would be distributed throughout the firm, and says at one point that “10 held by H for the big guy.”

Bobulinski further confirmed  that “the big guy” was a reference to former Vice President Joe Biden himself.

“I am the recipient of the email published seven days ago by the New York Post which showed a copy to Hunter Biden and Rob Walker. That email is genuine,” Bobulinski said in his statement issued publicly.

“What I am outlining is fact. I know it is fact because I lived it. I am the CEO of Sinohawk Holdings which was a partnership between the Chinese operating through CEFC/Chairman Ye and the Biden family,” Bobulinski said.

“I was brought into the company to be the CEO by James Gilliar and Hunter Biden. The reference to ‘the big guy’ in the much publicized May 13, 2017 email is in fact a reference to Joe Biden. The other ‘JB’ referenced in that email is Jim Biden, Joe’s brother,” he explains.

“Hunter Biden called his dad ‘the Big Guy’ or ‘my Chairman,’ and frequently referenced asking him for his sign-off or advice on various potential deals that we were discussing,” he notes.

“I’ve seen Vice President Biden saying he never talked to Hunter about his business. I’ve seen firsthand that that’s not true, because it wasn’t just Hunter’s business, they said they were putting the Biden family name and its legacy on the line,” he adds.