The Hong Kong company which wired over $3 million bound for Biden family associates in 2017 has close ties to, and shared personnel with, a firm formerly run by multiple members of the Chinese Communist Party (CCP), a Daily Caller News Foundation investigation determined.
In March 2017, just months after President Joe Biden’s tenure as vice president in the Obama administration ended, State Energy HK Limited wired $3 million to Robinson Walker, LLC, run by “Biden family associate” John Robinson Walker, a House Oversight Committee memorandum revealed on Thursday.
Yet, the DCNF found that at the time of the $3 million transfer, the chairman and executive director of State Energy Group International Assets Holdings Limited (SEIAH), then a direct subsidiary of State Energy HK Limited with close personnel ties, appears to have been Ren Qingxin, who formerly served as a CCP representative at a business organization, according to a website belonging to a state-owned construction firm where Ren previously worked.
Additionally, shortly after the transaction occurred, Ren was succeeded by Lei Donghui, who joined the CCP in July 2002, according to a Chinese government website. (RELATED: Meet The Seven GOP Senators Who Voted To Confirm Biden Nominee With Ties To Alleged Chinese Communist Intel Groups)
Ren, who served as CCP Secretary General of the International Engineering Business Bureau of China State Construction, according to a DCNF translation of the firm’s website, resigned from his position at SEIAH in September 2017, according to SEIAH records. The Department of Defense designated China State Construction as one of many “Communist Chinese military companies” in August 2020.
State Energy HK was at the time of the transaction the direct holding company of SEIAH, owning roughly 70% of its shares, according to SEIAH’s annual reports. Moreover, Niu Fang, the director of State Energy HK, is listed as an “executive director” of SEIAH at the time of the transaction, according to SEIAH.
“State Energy HK is a company incorporated in Hong Kong with limited liability which owned 546,448,493 shares of the Company (representing 70.47% of the issued share capital of the Company), and thus was the direct holding company of the Company,” the company’s 2016/2017 report reads.
Lei, who left SEIAH Limited in February 2018, holds a PhD in management, according to government records from Foshan, Guangdong province, near Hong Kong. Lei now apparently serves as the “general manager” of Sanshui Development Company in Foshan, according to a DCNF translation of the company’s website, and is pictured below at a company meeting in March 2023.
— Philip Lenczycki 蔡岳 (@LenczyckiPhilip) March 16, 2023
From State Energy HK Limited’s $3 million transfer, Robinson Walker, LLC subsequently distributed $1,065,692 in “incremental payments over a period of approximately three months” to as many as four Biden family members, according to the memorandum.
Robinson Walker, LLC transferred these funds to Hallie Biden, James Brian Biden Sr. (James Biden), Robert Hunter Biden (Hunter Biden) and an “unknown bank account identified as ‘Biden,'” the committee’s memorandum states.
While some of the transfers from Robinson Walker, LLC were sent directly to Biden family members, other transfers were sent to “their companies,” according to the committee, including Owasco PC, JBBSR Inc and RSTP II, LLC.
In total, approximately one-third of State Energy HK Limited’s $3 million transfer went to Biden family members, the committee determined.
On March 2, 2017, Robinson Walker, LLC sent another $1,065,000 from State Energy HK Limited’s $3 million transfer to the European Energy and Infrastructure Group (EEIG) in Abu Dhabi, a self-styled “advisory organization,” according to the memorandum. James Gilliar, a “business partner of Hunter Biden,” is allegedly “associated” with EEIG, according to the committee.
The revelations emerge less than a month after the House Oversight Committee, led by Chairman James Comer, subpoenaed financial records from John Robinson Walker and Robinson Walker, LLC, on Feb. 27, 2023, committee records state.
The White House, Lei and State Energy HK Limited did not respond immediately to the DCNF’s request for comment.
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