A federal appeals court in New York has upheld the bribery conviction of the former chairman of a think tank funded by CEFC a Chinese energy company linked to Hunter Biden.
The three-judge panel on Tuesday affirmed the December 2018 conviction of Patrick Ho Chi-ping, 70, a former Hong Kong government official, for violations involving the Foreign Corrupt Practices Act for trying to bribe high-ranking officials in Chad and Uganda.
The bribes were made to secure oil rights and in pursuit of lucrative business deals on behalf of the Chinese energy behemoth CEFC, which funded a think tank that touted a “special consultative status” with the United Nations and an office in Manhattan.
Chi-ping Links CEFC and Hunter Biden
Ye Jianming, who had ties to the Chinese military and intelligence services, was the chairman of CEFC until he disappeared after being taken into custody by Chinese authorities in early 2018.
Documents obtained by The New York Post show Hunter Biden, the son of President-elect Joe Biden, reached a deal with Ye for half-ownership of a holding company that was expected to provide him with more than $10 million a year for making “introductions.”
Another document included an “Attorney Engagement Letter” executed in September 2017 in which Chi-ping, one of Ye’s top lieutenants, agreed to pay Hunter Biden a $1 million retainer for “Counsel to matters related to US law and advice pertaining to the hiring and legal analysis of any US Law Firm or Lawyer.”
In other correspondence between Hunter Biden and CEFC, he said that any deals struck would be “interesting for me and my family.”
An email sent to Hunter Biden in May 2017 included details of “remuneration packages” for six people involved in an unspecified business venture in which he was identified as “Chair / Vice Chair depending on the agreement with CEFC.”
The email also outlined a “provisional agreement” under which 80 percent of the “equity,” or shares in the new company, would be split equally among four people whose initials correspond to the sender and three recipients, with “H” apparently referring to Hunter Biden.
It also listed “10 Jim” and “10 held by H for the big guy?” who many suspect to be Hunter Biden’s father, Former VP, now President-Elect Joe Biden.
The documents were discovered on Hunter Biden’s laptop which he left in April 2019 at a computer repair shop in Wilmington, Del., and later seized by the FBI.
Hunter Biden announced earlier this month that he was under federal investigation for his “tax affairs” and his business dealings in China and Ukraine.
The investigations began in 2018 and are examining whether he and his business associates violated tax and money laundering laws.
Chi-ping served 36 months in prison and was deported to Hong Kong after being released in June.
H/T NY Post Wires