Billiejeens
Diamond Member
- Jun 27, 2019
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One of the companies in the 2015 deal was Bohai Harvest RST (BHR), a billion-dollar investment fund backed by China that was formed by Hunter Biden and Chris Heinz, the stepson of then-Secretary of State John Kerry.
The state government’s Aviation Industry Corporation of China teamed with BHR to buy Henniges Automotive, a producer of high-tech, anti-vibration components for automobiles.
“The direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of Henniges by the Chinese government creates a potential conflict of interest,” Mr. Grassley wrote in an Aug. 15 letter to Treasury Secretary Steven T. Mnuchin…
…The $600 million acquisition of Henniges gave the Chinese aviation firm a 51% stake in the business and direct control of the anti-vibration technology. BHR got a 49% share of the business.
“The appearance of potential conflicts in this case is particularly troubling given Mr. Biden’s and Mr. Heinz’s history of investing in and collaborating with Chinese companies, including at least one posing significant national security concerns,” Mr. Grassley wrote.
Note: This transaction between China and Hunter Biden and John Kerry’s stepson Chris Heinz occurred when Joe Biden was vice president and John Kerry was Secretary of State.
Breaking: Author Peter Schweizer Drops Biden Corruption Documents – Shows Hunter Involved In Sale Of US Company To China With Potential Military Applications | Tea Party
The state government’s Aviation Industry Corporation of China teamed with BHR to buy Henniges Automotive, a producer of high-tech, anti-vibration components for automobiles.
“The direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of Henniges by the Chinese government creates a potential conflict of interest,” Mr. Grassley wrote in an Aug. 15 letter to Treasury Secretary Steven T. Mnuchin…
…The $600 million acquisition of Henniges gave the Chinese aviation firm a 51% stake in the business and direct control of the anti-vibration technology. BHR got a 49% share of the business.
“The appearance of potential conflicts in this case is particularly troubling given Mr. Biden’s and Mr. Heinz’s history of investing in and collaborating with Chinese companies, including at least one posing significant national security concerns,” Mr. Grassley wrote.
Note: This transaction between China and Hunter Biden and John Kerry’s stepson Chris Heinz occurred when Joe Biden was vice president and John Kerry was Secretary of State.
Breaking: Author Peter Schweizer Drops Biden Corruption Documents – Shows Hunter Involved In Sale Of US Company To China With Potential Military Applications | Tea Party