Joe Biden met with Mexican business partners while his son pursued deals.
Hunter Biden’s Mexican Business Ventures and His Father’s Involvement
Hunter Biden, the son of former Vice President Joe Biden, sought business opportunities in Mexico during his father’s vice presidency, and it appears that he received assistance from his father along the way. While Hunter Biden’s work in Ukraine and China has received more attention, his Mexican ventures have largely flown under the radar.
One of the key endeavors involved Burisma, a Ukrainian energy company that paid Hunter Biden for a board position. Burisma aimed to acquire parts of a Mexican-owned energy conglomerate that was looking to privatize. However, it remains unclear if these deals were successful or if Hunter Biden and his business partners made significant profits.
Despite the uncertainty surrounding the Mexican ventures, Hunter Biden seemed to rely on the influence of his father’s vice presidency to advance his business interests. This has become a focal point of House Republicans’ impeachment inquiry, which is set to begin its first hearing soon.
Targeting Mexican Investors
As early as 2010, Hunter Biden and his associates showed interest in attracting Mexican investors. They developed close relationships with influential figures such as Carlos Slim, a Mexican billionaire, and Miguel Aleman Velasco, a former high-ranking Mexican politician. Aleman Magnani, the president of Interjet, a Mexican airline, also played a role in their business endeavors.
Hunter Biden, along with his business partners Jeff Cooper and Devon Archer, relied on Aleman Magnani’s connections to explore opportunities in Mexico, including profiting from the privatization of Pemex, a state-owned oil and gas company. Burisma even expressed interest in bidding on assets that Pemex was planning to sell.
Joe Biden’s Involvement
In February 2014, Hunter Biden and Cooper arranged a lunch with then-Vice President Joe Biden at the White House. Joe Biden also met with Aleman Velasco and Aleman Magnani during this visit. Photos were taken, and Cooper and Hunter Biden discussed sending signed prints to the Aleman family.
Later on, when a deal involving Burisma and Hunter Biden’s business partners faced obstacles, Cooper suggested that Joe Biden could call Aleman Velasco to smooth things over. It is unclear if any calls were made, but by March 2015, Aleman Magnani had made a $1 million investment in a business where Hunter Biden had a stake. Hunter Biden also received a $50,000 wire transfer as a result of this investment.
In February 2016, Joe Biden traveled to Mexico with Hunter Biden and Cooper on Air Force Two. While it is unknown if Joe Biden met their Mexican business associates during this trip, the fact that he traveled with them while they were working on deals in Mexico raises concerns.
Congressional Investigation
The House Oversight Committee has requested records related to Air Force Two trips taken by Hunter Biden and his associates while Joe Biden was vice president. James Biden, Joe Biden’s brother, also expressed interest in doing business with Carlos Slim and Pemex.
Visitor logs show that Hunter Biden’s business partners frequently visited the White House. These revelations have prompted congressional investigators to question the extent of Joe Biden’s involvement in his son’s business dealings.
The first impeachment inquiry hearing, led by House Oversight Republicans, will provide further insight into the rationale behind pursuing the inquiry.
To what extent did Joe Biden’s position as Vice President contribute to the expansion of Hunter Biden’s business interests in Mexico? How does this reliance on political influence raise ethical questions about their business dealings
Potential business opportunities in Mexico. They reportedly met with several Mexican energy companies and individuals, discussing potential partnerships and investments.
One particular deal that drew attention was the attempt by Burisma to acquire parts of a Mexican-owned energy conglomerate. Hunter Biden, as a board member of Burisma, was involved in negotiations to purchase assets from the Mexican company. It is unclear whether these deals were successful, as no concrete information has been made public.
However, what is clear is that Hunter Biden and his business partners leveraged their connections and influence to expand their business interests in Mexico. They relied on the reputation and position of Joe Biden as the Vice President to open doors and attract potential investors. This reliance on political influence has raised questions about the ethical implications of their business dealings.
The timing of Hunter Biden’s Mexican ventures is also worth noting. Many of these endeavors took place during Joe Biden’s vice presidency, raising concerns about a potential conflict of interest. Hunter Biden seemingly capitalized on his father’s position to advance his own business interests, potentially compromising the integrity of the Vice President’s office.
These Mexican ventures have now become part of the ongoing impeachment inquiry facing President Trump. Republicans in the House argue that Joe Biden used his position as Vice President to benefit his son’s business ventures, creating a potential case of corruption and abuse of power. Democrats, on the other hand, claim that these allegations are politically motivated and lack substantial evidence.
As the impeachment inquiry unfolds, it is important to thoroughly investigate Hunter Biden’s Mexican business ventures and his father’s involvement. The public deserves to know whether Joe Biden acted improperly or whether his actions were within the bounds of ethical conduct. Furthermore, understanding the extent and success of these Mexican ventures will shed light on Hunter Biden’s business acumen and potential conflicts of interest.
In the end, this article highlights the need for transparency and accountability in the political arena. If Hunter Biden did indeed benefit from his father’s position, it serves as a reminder of the potential conflicts of interest that can arise when family members of politicians engage in business endeavors. The American people deserve clarity and honesty, as they have the right to know the full extent of any potential improprieties.
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