Joe Biden’s relationship with Colombia’s president is highlighted in an investment proposal that Hunter Biden and a group of business partners made in an investment pitch to a Chinese energy company in 2017.
In 2017, Hunter Biden and a group of business partners seeking a $10 million investment deal with a Communist Chinese energy firm touted Joe Biden’s friendly relations with Colombia’s president in their sales proposal, which suggested a series of oil investments in the South American country.
Hunter Biden and four other businessmen, including his uncle James Biden, highlighted the former vice president’s positive relationship with Juan Manuel Santos in a May 15, 2017 investment outline for CETC China Energy, a Chinese energy conglomerate.
The Biden consortium, which would be called SinoHawk, sought a $10 million seed investment from CETC China Energy, with a goal of eventually securing billions of dollars in investments in the U.S. and around the world.
According to the Daily Caller, the report is part of a trove of records held by Tony Bobulinski, a California-based businessman who was part of the consortium with Hunter Biden, James Biden, and two other partners.
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Bobulinski has provided the documents to a Senate committee investigating Hunter Biden’s business dealings. He said at a press conference last week that the records show that the Bidens “aggressively leveraged” their family name to secure foreign business deals.
Bobulinski also said that he met with Joe and Hunter Biden in early May 2017 to discuss the Chinese deal. Joe Biden has long denied discussing business with his son.
The Bidens’ involvement in the partnership was a key selling point to CEFC China, according to other documents obtained by the DCNF. But the 42-page investment outline is the only document from Bobulinski’s records that explicitly touts Joe Biden contacts with foreign leaders.
The investment outline, which is marked “Sensitive and Confidential,” mapped out prospective investment opportunities for CEFC China Energy in Oman, Romania, Luxembourg and Colombia.
A section of the sales proposal entitled “Colombia — Gateway to Latin America,” features a photo from Dec. 1, 2016, of then-Vice President Joe Biden shaking hands with Santos, who served as president of Colombia through 2018.
“The relationship between Colombian President Juan Manuel Santos and Joe Biden has been a strong one throughout the Obama administration,” reads the document.
The investment prospectus highlights Biden’s positive remarks about U.S.-Colombia relations and economic reforms in Colombia that he said made the Latin American country an attractive investment option.
“With this in mind, EEIG has built he [sic] framework for partnership between CEFC China and local partners in Colombia, with a solid basis starting at the very foundation of the country’s administration,” the document says.
“Mr. Biden pledged his strong personal support of the peace process and offered congratulations to Mr. Santos while underscoring ‘the importance of maintaining bipartisan support for Colombia in the United States Congress,’” the investment outline says.
A spokesman for the Biden campaign denied last week that Joe Biden had any business dealings with his son.
“Joe Biden has never even considered being involved in business with his family, nor in any overseas business whatsoever. He has never held stock in any such business arrangements nor has any family member or any other person ever held stock for him,” Biden campaign spokesman Andrew Bates in told The Wall Street Journal.