Despite Hunter Biden’s pledge last October to resign from the board of BHR Partners so as not to complicate his father’s presidential run, the Chinese company’s latest records indicate the opposite.
The news contradicts a statement by Biden’s lawyer, George Mesires, who told the Daily Caller in November that Hunter had made good on his promise to relinquish his position.
At the time, Mesires did not provide the Daily Caller with any evidence.
The Daily Caller’s Andrew Kerr reports:
Hunter Biden received wall-to-wall media coverage and praise from his father, former Vice President Joe Biden, in October when he announced he would resign from the board of a Chinese private equity firm by the end of the month.
But six months after Hunter Biden pledged to relinquish his position with BHR Partners, no evidence has surfaced to prove he actually followed through on his promise.
Chinese business records the DCNF accessed Tuesday still name Hunter Biden as a director of BHR. He also retains a 10% equity stake in BHR through his company, Skaneateles LLC, business records for the Chinese private equity firm show.
BHR manages the equivalent of $2.1 billion in assets, according to its website. Hunter Biden has served as an unpaid member of BHR’s board since its founding in 2013, and in October 2017 he obtained his equity stake in the firm with a $420,000 investment, according to Mesires.
The younger Biden drew the ire of then-President Obama’s advisors for arranging a 2013 meet-and-greet between his father, then the vice president, and the CEO of BHR.