Saturday, July 9, 2022

Exclusive–Top Oversight Republican in Congress Demands Testimony, Documents from Biden Officials on Oil Reserve Sale to Hunter-Linked Chinese Firm

 Breitbart


"House Oversight and Reform Ranking Member James Comer (R-KY) told Breitbart News in an exclusive statement that when Republicans take control of the House, they plan on investigating reports that President Joe Biden sold nearly one million barrels from the U.S. Strategic Petroleum Reserve (SPR) to a Chinese state-owned gas company that has financial ties to a private equity firm cofounded by Hunter Biden.  

"The Washington Free Beacon’s Collin Anderson released a bombshell report that Biden’s Department of Energy sold one million barrels to Unipec, the trading arm of Sinopec. Sinopec is wholly owned and operated by the Chinese Communist Party.

"According to the report, Biden’s son, Hunter Biden, reportedly has financial ties to the CPP-owned Sinopec. A private equity firm Hunter cofounded reportedly purchased a roughly $2 billion stake in Sinopec Marketing in 2015.

"The Free Beacon noted:

Biden is connected to Sinopec through BHR Partners, a private equity firm he cofounded in 2013. BHR bought a $1.7 billion stake in Sinopec Marketing in 2015. Biden at one point owned a 10 percent stake in BHR Partners through his wholly owned firm, Skaneateles, LLC.. . .

No comments: