The United States has invested approximately $200 million in Ukraine since 2005, supporting 46 Ukrainian laboratories, health facilities, and diagnostic sites, the Defense Department said in a fact sheet released this month. First of all, as we have previously documented, these are not bioweapons labs, but biological research facilities focused on better detecting, diagnosing and monitoring infectious-disease outbreaks. According to The Hill Biden's firm, Rosemont Seneca Partners, was receiving regular paymentsusually more than $166,000 a monthfrom Burisma. He is also the Co-Founder Rosemont Capital, LLC, the predecessor of Rosemont Seneca, where he has led the development of an investment platform, which manages private equity, fixed income and real estate investments. Less than three months after Person joined the White House, she married Michael Muldoon, a former Rosemont executive. Two Republicans on a Senate investigation committee in 2020 claimed that Russian businessperson Yelena Baturina, the wife of former Moscow mayor Yury Luzhkov, wire-transferred $3.5 million in 2014 to Rosemont Seneca Thornton, of which Biden had previously been a partner. Pilot Growth Equity invested a total of $11.39 million in the fund and still owns 10.8 percent of Metabiota, according to a Dec. 31, 2020, investment sheet viewed by The Fact Checker. Its registered address is China (Shanghai) Pilot Free Trade Zone and principal place of business at Unit 3101, 31/F, Tower 2, China Central Place, 79 Jianguo Road, Chaoyang District, Beijing. We believe all distributions have been made, but there may be a remaining hold-back amount to come. The President of CEFC has no right reason nor ability to terminate HW3. CEFC China Energy had assets of $263 billion in 2015. Just $307,091 is listed as earmarked for Ukraine research projects. The company had a significantly bigger contract at the time with DTRA in Tanzania, focused on controlling the spread of Rift Valley fever. Anne Marie Person Muldoon told The Post she has not worked for either Joe or Jill Biden since 2017, and never fed the company any insider information while in the White House. The website said the company has "the support of Bank of China, China Development Bank Capital, and other major Chinese financial institutions. Bohai Harvest RST (BHR) invested in an app the Chinese leftwing communist government is using to surveil ethnic minority Muslims in western China. Please help to ensure that disputed statements are reliably sourced. Hunter Biden called Joe Biden and his Chinese business partner office mates in a September 21, 2017, email to the general manager of the House of Sweden office building. [23] Financial reports reveal that RSTP led the companys first round of funding, which amounted to $30 million. Lucas is also the author of "The Myth of Voter Suppression: The Left's Assault on Clean Elections." The White House did not respond to an inquiry from The Daily Signal for this story. Any company seeking to raise money in the private equity market needs a story to lure investors, who hope to score big if the company eventually sells shares to the public. In a December 2015 op-ed, the editorial board of The New York Times took both Bidens to task for the unseemly business arrangement: Hunter Biden maintained that he had only a brief conversation with his father about his work at Burisma. Theres no evidence Person passed along any sensitive information which would have furthered Rosemonts business interests, but her correspondence to Hunter Biden wasnt her only link back to her former firm. Regarding Ukraine, the 44-page memo only mentions that the company had an office in the country, which will implement a research project in Ukraine aimed at understanding the threat of tularemia and anthrax and develop and implement a public awareness campaign to mitigate the threat of African swine fever. A person familiar with the Ukraine contract at the time said it employed about five local nationals and one expat. Fran Person visited the White House at least seven times, according to Fox News. 2900 K Street, NW. Ye arranged events that brought together retired American and Chinese military officers. Moreover, the investment had nothing to do with the Ukraine labs. That company, which is ostensibly related to Rosemont Seneca Advisors in some fashion, received $3.5 million from the wife of the late Mayor of Moscow in 2014, according to a Senate investigation released in 2020. Thanks for contacting us. Among those visits was an April 2014 visit with then-vice presidential assistant Kathy Chung, now the Defense Departments deputy director of protocol under the Biden administration. I have never been a partner with nor an affiliate of CEFC. Rosemont Seneca Partners is an investment fund firm based in Washington DC. [4] Bohai Harvest has also partnered with a subsidiary of China's conglomerate HNA Group. April 11, 2023, Hunter Biden's business associates visited the White House more than 80 times while Biden was vice president. Its chairman, Ye Jianming, was arrested by the CCP in February 2018 and has never been heard from since. The vice presidents son flew on Air Force Two with his father to China on Dec. 4, 2013, where the vice president met with Chinese President Xi Jinping. Hunter Biden secured meetings with top state-linked Chinese companies while repping Rosemont during trips to Beijing while his dad was veep, and one Rosemont affiliate allegedly received a mysterious $3.5 million payment from the wife of a Russian mayor, according to a Senate report. The Biden family aggressively leveraged the Biden family name to make millions of dollars from foreign entities even though some were from communist controlled China. Were concerned about the disinformation and the impact it may have on the safety of scientists working to support public health in Ukraine and worldwide.. Language links are at the top of the page across from the title. To protect our site, we cannot process your request right now. The United States and Ukraine in 2005 had signed an agreement under which the Defense Department, at no cost to Ukraine, would assist the Ministry of Health in building and maintaining the labs. I would ask the Biden family to address the American people and outline the facts so I can go back to being irrelevant and so I am not put in a position to have to answer those questions for them. Over one million Muslims living in the region are now incarcerated in Chinese gulags. I have only employees that work for me in DC. We would not be able to raise money from investors if Biden had remained a member of RSTP. I was brought into the company to be the CEO by James Gilliar and Hunter Biden. [4][5][6] The Chinese registered asset managers are BOC International Holdings-backed Bohai Industrial Investment Fund Management and Deutsche Bank-backed Harvest Fund Management. including Senior Policy Advisor to the Secretary for . I realized the Chinese were not really focused on a healthy financial ROI. This information is available in the PitchBook Platform. Your IP address is listed in our blacklist and blocked from completing this request. The Ebola virus outbreak in 2014 had raised corporate fears of a global pandemic. [26], U.S. banking records show Hunter Biden's American-based firm, Rosemont Seneca Partners LLC, received regular transfers into one of its accounts usually more than $166,000 a month from Burisma from spring 2014 through fall 2015, during a period when Vice President Biden was the main U.S. official dealing with Ukraine and its tense relations with Russia. Metabiota, which is based in San Francisco, was founded by Nathan Wolfe, a prominent virologist. Ive seen Vice President Biden saying he never talked to Hunter about his business. WHO outbreak expert Dr. Eric Bertherat wrote to colleagues in a July 17, 2014, email about misdiagnoses and total confusion at the Sierra Leone government lab Metabiota shared with Tulane University in the city of Kenema. if the company chooses to hide the private information on their profile from the general public. Hunter Biden and fellow firm executiveEric Schwerinwere references for Muldoons USAID background check, emails show. [14] The business was eventually named Sinohawk Holdings.[15]. What I am outlining is fact. One email from a Burisma executive reads. I have extensive relevant records and communications and I intend to produce those items to both Committees in the immediate future. Dangerous pathogens are kept in freezers in these labs, so U.S. officials have expressed concern that a loss of electrical power due to the war could allow for their escape concerns that Russia has used to underscore its claims that these are military bioweapons labs working for the United States. The. In the early months of 2014, political tensions in Ukraine had risen sharply. Including Rosemont Seneca Partners, LLC, Rosemont Seneca Technology Partners, and Rosemont Realty. Suite 507. I know it is fact because I lived it. We have no affiliation with George Soros any assertion otherwise is completely false, said Chris Ridley, a Gilead spokesman. Associates and business partners of the presidents son visited the White House while Biden was vice president, Fox News first reported on Tuesday. Given my long standing service and devotion to this great country, I could no longer allow my familys name to be associated or tied to Russian disinformation or implied lies and false narratives dominating the media right now. Devon Archer is a longtime friend of former Secretary of State John Kerry and of stepson Chris Heinz and James Bulger, the nephew of notorious Boston gangster Whitey Bulger. ? The operational mastermind behind the efforts to compromise the Biden family is a man named Yang Jiechi. Federal contracting records show Metabiota also received $18.4 million from DTRA between 2014 and 2017, under a competitively bid contract. After leaving the military I became an institutional investor investing extensively around the world and on every continent. Among the highest ranking executives with Rosemont Seneca Advisors, Joan Mayer, vice president of the investment firm from 2008 to 2017, made at least 17 visits during that time period,. He also made no mention of the Russian Defense Ministry allegations, though in another part of his monologue he said he had spoken to someone with direct firsthand knowledge of this topic, who claimed that the United States had moved bioweapons research offshore to Ukraine because it was too dangerous to conduct in the United States. Ye and his associate Gongwen Dong (aka "Kevin"), applied to a bank and opened credit lines for a business named Hudson West III LLC, giving Hunter, Joe Biden's brother James Biden (and James wife Sarah Biden), credit cards which the Bidens used to buy extravagant items. Another U.S. firm, Black & Veatch, was hired by the Defense Department under a contract aimed at enhancing disease diagnosis, mainly to build labs; Metabiota was one of its subcontractors. Breaking ?Its reported that Hunters associates visited the White House at least 80 times when Joe Biden was VP.This is more evidence showing the Biden family enterprise centered on Joe Bidens political career.Accountability is coming.https://t.co/i6wuyTbFPE. Donate now. In the early 2000s, Ye was the deputy secretary of the China Association for International Friendly Contact (CAIFC), the public name for the People's Liberation Army General Political Department International Liaison Department. Later he was Minister of Foreign Affairs when the Bohai Harvest RST investment partnership was made official in 2013. Theres also a line connecting Metabiota to the Defense Threat Reduction Agency (DTRA), an arm of the Pentagon, which initially funded the Ukrainian labs. The company's File Number is listed as 4714875 . According to the terms of the email, the agreed-upon remuneration for Hunter Biden and Bobulinski was to be $850,000 each. Under US law if the Chairman and equity holder of a corporation partnered with a US LLC (Owasco) through ownership of his wholly owned US llc (Hudson West) was in reality and practice using CEFC employees and money to operate a privately held company there would be an enormous conflict of interest. This page was last edited on 31 March 2022, at 13:05. But he was not financing these labs. ", Deep policy understanding from over 100 experts. Former Managing Director and co-founder of RSTP Neil Callahan a name that appears many times on Hunter Bidens hard drive also sits on Metabiotas Board of Advisors. The house of Sweden is my D.C. Office space. After that point, he had no economic interest or ownership interest in either entity. Hunter was paid $1 million to represent Ho. Hunter got into a dispute with Mervyn Yan and Gongwen Dong (Kevin) over reimbursements and money Hunter felt he was owed. Underneath Hunter Biden, the chart shows a box with Soros. Fox News previously reported that one of Hunter Bidens business partners in Rosemont Seneca, Eric Schwerin, had visited the White House 27 times, including a 2016 meeting with Bidens aide, now President Bidens White House counselor. Joe Biden as vice president hired one of his son Hunters investment-firm staffers as a personal assistant, emails from his sons discarded laptop show. ROSEMONT SENECA ADVISORS, LLC is a Delaware Limited-Liability Company (Llc) filed on July 29, 2009. "Bohai, Harvest and U.S. Investment Firms Expand Target for Outbound Fund", "Will Hunter Biden Jeopardize His Father's Campaign? The flow chart shows a line from Hunter Biden to Rosemont Seneca, which in turn is connected to Metabiota, which advises governments and companies on health epidemics. We have already argued that Hunter Biden should have registered as a foreign agent. The New York Post did not respond to a request for comment, while a Daily Mail spokesman said: We stand by our reporting.. The payments ran from the spring of 2014 through the fall of 2015 and reportedly totaled more than $3 million. She attended the same event in December 2014. I myself served our country for 4 years and left the Navy as LT Bobulinski. Copyright 1999 2023 GoDaddy Operating Company, LLC. Maybe its just a coincidence but thats also what Kirillov, the Russian official, had claimed that morning. Chris Clark, an attorney for Hunter Biden, did not respond to repeated queries. Join the millions of people who benefit from The Daily Signals fair, accurate, trustworthy reporting with direct access to: Dont have time to read the Washington Post or New York Times? He is an Adjunct Professor at Georgetown University's Masters Program in the School of Foreign Service. The Senate report details a series of transfers and transactions worth millions of US dollars between CEFC, Hudson West and the Bidens. Person, who served as a general assistant at Rosemont, appeared on emails with Hunter Biden and other Rosemont execs from at least 2009 until February 2014. Hunter Biden met in 2012 with Jonathan Li, the head of Chinese private equity fund Bohai Capital, and formed a partnership between Bohai and Rosemont Seneca. Carlson then cited the National Pulse reporting that night on his show. Hunter Biden also arranged for Li to meet his father. 2 min read Last Updated : Mar 24 2022 | 9:41 PM IST Russia on Thursday said that the investment fund Rosemont Seneca led by Hunter Biden, the son of US President Joe Biden, is involved in financing the Pentagon's military biological programme in Ukraine. [8] It will be reimbursed. Hunter Bidens business associates more than 80 visits to the White House is more evidence that Hunter Bidens various business enterprises were all about President Joe Biden, House Oversight and Accountability Chairman James Comer told The Daily Signal. Instead, investors such as RSTP were betting on a new idea selling insurance to protect businesses against a global pandemic. BHR Partners (Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd.) is a private investment fund founded in 2013 by Bohai Industrial Investment Fund Management Co., Ltd., which is controlled by Bank of China Limited along with a partnership with Hunter Biden, and whose focus is on mergers and acquisitions, and investment in, and reforms, of state-owned enterprise. The Russian Defense Ministry knows how to stir up the interest of the right-leaning news media in the United States just mention Hunter Biden, the presidents son. The DOD contract was a loss leader intended to build a knowledge base, the investor said, using a business term for selling a product or service at a price that is not profitable in hopes of generating additional business. According to an email revealed as part of a Securities and Exchange Commission investigation, Rosemont described themselves as "a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz," with Devon Archer as "Managing Partner." He said there was no tracking of the samples and absolutely no control on what is being done. This is a situation that WHO can no longer endorse, he wrote. During a May 13, 2014, press conference, Matt Lee of the Associated Press grilled State Department spokesperson Jen Psaki about Hunter Biden's role on Burisma's board. Rosemont Seneca Advisors, LLC. / RSTP in 2016 rebranded itself Pilot Growth Equity. [35] According to The Hill Biden's firm, Rosemont Seneca Partners, was receiving regular paymentsusually more than $166,000 a monthfrom Burisma. But he was not on the committee making decisions on investments, according to an investor at the time, who asked not to be identified because he was disclosing confidential business information.
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