In a newly discovered email, Hunter Biden agreed to a contract with a Chinese private energy firm that paid out $10 million annually for ‘introductions alone’ according to leaked emails.
In the emails between the former chair of CEFC China Energy, Ye Jianming and Hunter Biden, they agreed to change the terms of Biden’s contract with the CEFC, initially promising $10 million per year for “introductions alone,” to a “much more lasting and much more lucrative” deal.
The new deal exchanged the $10 million per year to a 50% equity deal in a company that was owned by Jianming. Biden also discussed deals with he CEFC that he claimed were “interesting to me and my family.”
Another email outlined the a “provisional agreement” where 80% of the “equity,” or shares, would be split equally among four people whose initials correspond to the sender and three recipients, with “H” apparently referring to Biden.
According to the New York Post reporting, The deal also listed “10 Jim” and “10 held by H for the big guy?” Neither Jim nor the “big guy” was identified further.
This story is developing. Read more at the New York Post.