by Steven Richards and John Solomon
While his father was still vice president, Hunter Biden and his business partners tried unsuccessfully to help a Chinese energy firm acquire one of the United Statesâ premier nuclear technology companies in a secret attempt to âcontrolâ the global market, according to new evidence turned over to Congress in President Joe Bidenâs impeachment inquiry.
The evidence, which includes a detailed strategy memo, shows Hunter Biden was directly involved in emails and correspondence on the project in 2016 and that the goal was to exploit the future first sonâs access to power and his family reputation to make Washington and Beijing comfortable with a potentially controversial deal and then to shield the acquisition of Westinghouse by China CEFC Energy behind intermediaries.
âIn summary, utilising (sic) the U.S. face of Westinghouse, combined with the economic power of CEFC (China) is the perfect solution to control this global sector,â Hunter Biden partner James Gilliar wrote to CEFC in a strategy memo.
At the time, Westinghouse was U.S.-based but owned by Japanâs Toshiba and one of the darlings of the nuclear industry with its new AP1000 reactor, a smaller and more advanced power generator. But it privately was suffering financial strife due to cost delays and overruns at a planned nuclear power plant in Georgia that would eventually force the company to file for temporary bankruptcy protection.
Congressional investigators recently obtained new memos and testimony about the nature of the plan to help CEFC gain a larger foothold in the global nuclear energy market by acquiring Westinghouse. One of Hunter Bidenâs former business partners, Rob Walker, told Congress the future first son was involved, providing a letter to make the Chinese comfortable with the plan.
Hunter Biden âhad an interesting last name that would probably get people in the door,â Walker explained to lawmakers…
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