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Business Partner Suggests Loans to Hunter Biden were Really Gifts

One of Hunter Biden’s most prominent former business partners has stated that many of the financial rewards that the president’s son received through his various international business deals were more akin to gifts than actual transactions.

According to Just The News, Rob Walker made his statements in an interview with the FBI two years ago, the details of which were only recently released. In the FBI FD-302 report, which says the interview was held on November 23rd, 2021, Walker said that Hunter “borrowed” $90,000 from him but never repaid him. He also said that one of their business ventures received a $3 million payment from Chinese energy firm CEFC in 2017, which was largely a gift since Hunter did no work for it in return.

“The $3 million amount was more of a “thank you” from CEFC. They talked of putting together a larger group and discussed acquiring office space,” Walked told the agents, according to the interview notes.

Other examples of major financial gifts that Hunter received during and after his father’s vice presidential tenure include a 3-carat diamond from CEFC’s founder, $142,300 to buy a porsche from a Kazakhstan businessman, and a $2 million payment from a Democrat lawyer in Hollywood, which was later converted into loans.

Walker’s statements confirm the testimony of IRS whistleblowers Gary Shapley and Joseph Ziegler, whose recent congressional testimonies were derided by Democrats.

“[Hunter Biden] directed to have a portion of his Burisma income paid back to himself personally as ‘loans’, even though Devon Archer had deducted these payments on the Rosemont Seneca Bohai tax return,” Ziegler said in his first affidavit to House Ways and Means Committee. “[Hunter] had essentially loaned himself his own income from Burisma, failing to report this income from Burisma on his 2014 tax returns and failing to pay the taxes on this income.”

These revelations mark the latest twist in the ongoing investigations into Hunter Biden and his family’s foreign business dealings, all of which are at the center of an official impeachment inquiry being conducted against Joe Biden by three committees of the House of Representatives.

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About Eric Lendrum

Eric Lendrum graduated from the University of California, Santa Barbara, where he was the Secretary of the College Republicans and the founding chairman of the school’s Young Americans for Freedom chapter. He has interned for Young America’s Foundation, the Heritage Foundation, and the White House, and has worked for numerous campaigns including the 2018 re-election of Congressman Devin Nunes (CA-22). He is currently a co-host of The Right Take podcast.

Photo: WASHINGTON, DC - APRIL 12: World Food Program USA Board Chairman Hunter Biden (L) and U.S. Vice President Joe Biden attend the World Food Program USA's Annual McGovern-Dole Leadership Award Ceremony at Organization of American States on April 12, 2016 in Washington, DC. (Photo by Teresa Kroeger/Getty Images for World Food Program USA)