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In a significant development unearthed during a deposition on Wednesday, Hunter Biden, the son of President Joe Biden, acknowledged a controversial term referring to his father in a business deal with a Chinese energy company. The term "the big guy" was brought to light more than three years after The New York Post reported on an email that suggested financial benefits for the Biden family from a Chinese state-affiliated firm, CEFC China Energy.
The first son confirmed during his impeachment inquiry deposition that his ex-business associate, James Gilliar, was indeed referencing Joe Biden when discussing a potential 10% share for Hunter Biden in the venture with CEFC China Energy. The deal promised to yield millions for members of the Biden family and their associates. This admission from Hunter, who is currently 54, marks the first ever public acknowledgment of his father's alleged involvement in the business deal despite previous firm denials from the Biden camp.
The disputed email chain, dated May 13, 2017, was reported by The Post in October 2020 after being retrieved from a laptop that Hunter Biden allegedly abandoned. Since the story's release, there has been continuous concern from Hunter Biden's representatives and supporters, claiming the laptop's information was either unrelated to him or that it had been tampered with by malicious actors. A group of former intelligence officials even suggested the evidence bore signs of a Russian disinformation campaign meant to sway the 2020 U.S. presidential election.
When questioned about the "big guy" reference, Hunter appeared to deflect by stating uncertainty about James Gilliar's intentions, as indicated by a transcript released the following day. "I truly don't know what the hell that James was talking about," Hunter stated. He followed up with an assertion that he was clear about the actual events that transpired.
Nonetheless, this confirmation from Hunter Biden does not necessarily imply Joe Biden's direct involvement or him being slated for a 10% stake in the business deal. The President and other family members have vigorously denied any accusations of wrongdoing related to their affairs with the Chinese company. The inquiry continues as the credibility of the laptop and the validity of the claims are still under intense scrutiny.
As the investigation progresses, the interests of the public and the media remain piqued regarding the true depth of the Biden family's connections and financial dealings in China. This latest admission will likely fuel ongoing conversations about the ethics and transparency of the Biden family's international engagements, particularly with Hunter Biden admitting to the veracity of the crucial email's reference to his father.