Hunter Biden, the son of US President Joe Biden, has been the subject of numerous reports alleging that he has engaged in overseas business dealings that have raised questions about his ethics and potential conflicts of interest.
One of the most controversial aspects of Hunter Biden's business dealings is his work for Burisma Holdings, a Ukrainian natural gas company. Hunter Biden joined the board of directors of Burisma in 2014, at a time when his father was the Vice President of the United States and overseeing US policy towards Ukraine.
Some critics have alleged that Hunter Biden's position on the board of Burisma gave him and his father undue influence over US policy towards Ukraine. They also point to the fact that Burisma was under investigation for corruption at the time that Hunter Biden joined the board, and that some of the company's executives were later convicted of bribery.
Hunter Biden has denied any wrongdoing, and has said that he never discussed his work for Burisma with his father. However, the controversy surrounding his work for the company has led to calls for further investigations.
Another area of concern is Hunter Biden's business dealings in China. In 2017, Hunter Biden joined the board of directors of BHR Partners, a private equity firm that has invested heavily in China. BHR Partners has ties to the Chinese government, and some critics have alleged that Hunter Biden's position on the board of the company could give the Chinese government access to sensitive information.
Hunter Biden has also been involved in other business ventures in China, including a joint venture with a Chinese energy company. It is unclear how much money Hunter Biden has made from his business dealings in China, but some reports have estimated that he has earned millions of dollars.
The controversy surrounding Hunter Biden's overseas business dealings has raised questions about whether he has profited from his father's position as Vice President and President of the United States. Some critics have also alleged that Hunter Biden's business dealings have created potential conflicts of interest for his father.
The US Department of Justice is currently investigating Hunter Biden's business dealings, but it is unclear whether the investigation will lead to any charges. However, the controversy surrounding Hunter Biden's business dealings is likely to continue to be a source of scrutiny for the Biden administration.
In addition to the above, here are some other specific examples of Hunter Biden's overseas business dealings that have raised questions:
- In 2014, Hunter Biden co-founded a private equity firm called Rosemont Seneca Partners. The firm has raised over $3 billion from investors, including Chinese investors.
- In 2015, Hunter Biden joined the board of directors of CEFC China Energy, a Chinese energy conglomerate. CEFC China Energy has close ties to the Chinese government.
- In 2017, Hunter Biden co-founded a consulting firm called Bohai Harvest RST. The firm was reportedly engaged in a number of business ventures in China, including a $3 billion deal with CEFC China Energy.
Hunter Biden has resigned from all of these positions since his father became President of the United States. However, the controversy surrounding his overseas business dealings continues to this day.
It is important to note that there is no evidence that Hunter Biden has committed any crimes. However, the fact that he has engaged in so many overseas business dealings, some of which have involved companies with ties to foreign governments, has raised concerns about his ethics and potential conflicts of interest.