The Hong Kong corporation that allegedly wired funds to Hunter Biden’s business in 2017 was controlled by a Shanghai firm run by members of the Chinese Communist Party (CCP), some of whom had previously served in the People’s Liberation Army (PLA), according to business documents and congressional reports reviewed by the Daily Caller News Foundation.
On June 30, 2017, Shanghai Huaxin Group (Hong Kong) Ltd. wired $10 million to the Delaware-based company CEFC Infrastructure, which then wired $100,000 to Hunter Biden’s “professional corporation,” Owasco P.C., on August 4, 2017, a House Oversight Committee memo revealed Wednesday, alleging the transfers were part of a scheme to conceal the Chinese origin of the funds.
The Daily Caller was founded in 2010 by Tucker Carlson, a 20-year veteran journalist, and Neil Patel, former chief policy advisor to Vice President Cheney, The Daily Caller is one of America’s largest and fastest-growing news publications. Our team of experienced, full-time reporters and editors works around the clock to deliver award-winning original reporting, in-depth investigations, entertainment, thought-provoking commentary and up-to-the-second breaking news. Visit https://dailycaller.com