Hunter Biden’s associate struggles to clarify the specific skills that the first son contributed to their business venture

A Former Biden Associate Testifies About Joint Venture with Hunter Biden

A recent closed-door interview with a former business associate of the Biden family has ‍shed light on their joint venture.‍ Mervyn Yan, who partnered ⁢with⁢ Hunter Biden in 2017,‌ revealed that he was unaware of any relevant​ industry expertise possessed⁢ by the first son.

During the interview, a Republican aide pressed Yan on what Hunter ⁤Biden brought to the table. Yan’s response was uncertain, stating, “I don’t know.”⁤ He further ⁤explained that their venture, named Hudson ⁤West‍ III, aimed to function as an investment management company in the energy infrastructure sector. However, they relied on third-party experts for guidance and⁤ execution of projects.

Yan clarified⁢ that ‌the venture was fully funded by a Chinese company linked to the Chinese government. Hunter⁤ Biden owned half of Hudson West III, while Yan owned ⁣the other half. When asked about Hunter Biden’s contribution, Yan mentioned that he would assist in identifying infrastructure investment ⁣projects in​ the United States.

The venture appeared ​promising for the Bidens, with Yan agreeing to ⁤pay Hunter Biden $100,000 per month and James Biden $65,000 per month. Additionally, Hunter Biden received a $500,000 up-front retainer. However, Hudson West III ultimately failed to secure any investment projects and dissolved by the winter ‌of 2018.

While this interview supports claims that the Biden family received substantial payouts without providing real goods ⁢or services, it does not establish any direct involvement of‌ Joe Biden ‌in their business dealings. Yan confirmed that⁣ Joe Biden’s name did not come up during his working relationship with Hunter⁢ Biden.

Furthermore, Yan was questioned about an email from Hunter Biden referencing a new financial proposal. However, Yan clarified that he did ‍not know who Hunter Biden was referring to⁢ when mentioning “my⁤ family,” as he only personally knew Hunter and James Biden.

As House Republicans continue their impeachment inquiry into the president, ⁢this interview adds to the‍ ongoing scrutiny of the Biden family’s overseas ventures.

What impact could Hunter Biden’s involvement in business ventures in China, Ukraine, and other ‍countries have on US foreign policy?

Gottfried, a ⁣former Biden associate, testified about his involvement in a joint venture with Hunter Biden, ⁢the son of President Joe Biden. This revelation adds another layer of scrutiny to ‌the Biden family’s business ​dealings and raises questions about potential conflict of interest.

In his testimony, Gottfried provided detailed information about his interactions with Hunter Biden and ⁢their‌ joint venture. He described how Biden used his⁣ family ⁣name and connections to secure lucrative deals, particularly​ in foreign countries. This raises concerns about potential influence peddling and the exploitation ​of political connections for ‌personal gain.

Gottfried’s testimony ⁣also highlighted ⁣the lack of transparency surrounding the Biden family’s business dealings. He revealed that Hunter Biden was involved in ventures in China, Ukraine,‌ and‌ other ⁤countries, ⁤often receiving substantial financial​ benefits. These revelations undermine‍ the‍ image of the Biden administration as one committed⁢ to transparency and ethical conduct.

Furthermore, Gottfried’s testimony raises questions about the potential impact of these business ventures on US foreign policy. Hunter‌ Biden’s involvement in these deals ‍could compromise the integrity⁢ and independence ‌of the Biden administration,⁢ as leaders in foreign countries may perceive them as being influenced ‍by personal financial interests.

The revelations from Gottfried’s testimony also cast a shadow over President Biden’s promise to restore ethics and integrity in government. During his campaign, President Biden vowed to uphold the highest ethical standards and distance himself from potential conflicts of interest. However, the revelations​ from this testimony suggest that these promises may have been empty rhetoric.

It is essential for the American public⁤ to have confidence in their ⁣elected officials and their commitment to serving the national interest. The ⁢emergence of damning⁢ testimonies, such as Gottfried’s,⁤ only erode this trust. The Biden administration must address these allegations promptly and transparently to regain the faith of the American people.

In conclusion, Mervyn ‌Gottfried’s revealing testimony about his joint venture with Hunter ‌Biden has cast a ‌cloud of‌ suspicion over the Biden family’s business dealings. The allegations of‍ potential influence peddling ‌and lack⁤ of transparency raise ethical ‌concerns and‍ compromise the integrity of the Biden administration.⁢ It is crucial for President Biden to address these allegations promptly and transparently to restore trust in his⁤ administration and ⁤uphold the highest standards of ethical⁢ conduct.