China General Nuclear Power Corp, a state-owned company accused of stealing American Nuclear secrets for the Chinese Communist Party has been funneling millions through an investment firm, cofounded by Democrat Presidential Candidate Joe Biden’s son, Hunter Biden.
Allen Ho, a consultant for China General Nuclear Power Company (CGN) was accused of “assisting CGN in procuring U.S.-based nuclear engineers to assist with designing and manufacturing certain components for nuclear reactors” for nearly two decades.
He was liable to pay a fine of $20,000 and was sentenced for two years in prison.
Being a part of this company that functioned solely with the motive to steal and transfer American nuclear secrets – he was posing “significant damage to our national security” said the American Department of Justice to the CCP-owned CGN.
These technologies were used by Chinese military. The U.S. Defense Department has identified this company as a proxy of the People’s Liberation Army (PLA).
Energy Technology International, Ho’s US-based company was intricately related with this conspiracy, with its headquarters in the former Vice President’s place of residence: Wilmington, Delaware.
However, the Biden family’s ties to Chinese espionage goes much deeper than this.
BHR Partners, which is a private corporation where Hunter Biden served as director since 2013, was investing a sum of $10 million in CGN’s initial public offering (IPO). In 2014, due to these investments the IPO was the second largest of the year, supported and valued at over $3 billion.
The company still lists GCN as part of its portfolio.
BHR Partners is jointly planned as a business venture between Rosemont Seneca Partners, an investment fund founded by Hunter Biden and Obama-era Secretary of State John Kerry’s stepson in 2009, with the state-owned Bank of China. The billion-dollar fund came out to be a reality in even less than two weeks.
Sources say, Hunter traveled to China alongside his father and then Vice President Joe Biden.
In 2019, Hunter pledged to own no stakes in the company. However, a reveal by Daily Caller said he retained shares for months after he publicly announced he wanted to have ‘none’.
Hunter Biden also announced his intention to resign from the company in October 2019 so as not to complicate the U.S. Presidential aspirations of his father, Joe Biden.
In an investigation it has been found that 99.64% of the #BlackLivesMatter #DefundThePolice donations go to Joe Biden campaign via ActBlue, a Democrat fundraising platform that is the top donor to Biden for President campaign.https://t.co/GxymqqPROQ
— GreatGameIndia (@GreatGameIndia) June 12, 2020
He is now suspected to own 10 percent of the fund.
The Biden family was raking in millions from inking deals with Chinese state-owned enterprises identified by the Defense Department as a threat to American national security.