biden to leave china firm's board
Hunter Biden, the son of former Vice President Joe Biden, said Sunday that he will step down from his position on the board of a Chinese company, a move that comes amid escalating attacks from President Donald Trump.
In a statement released by his attorney, Hunter Biden also said he would not serve on the boards of foreign-owned companies if his father wins the 2020 presidential election.
In December 2013, Hunter Biden joined the board of a just-formed investment advisory firm known as BHR. At least half of the firm's stake is owned by Chinese entities.
At a rally in Minneapolis on Thursday night, Trump attacked both Bidens in his most personal terms yet, highlighting unsubstantiated claims about Hunter Biden and using a vulgarism to describe Joe Biden's tenure as vice president.
In addition to BHR, Hunter Biden also served for nearly five years on the board of Burisma, Ukraine's largest private gas company, whose owner came under scrutiny by Ukrainian prosecutors on suspicion of abuse of power and unlawful enrichment.
Hunter Biden was not accused of any wrongdoing in the investigation. As vice president, Joe Biden pressured Ukraine to fire the top prosecutor, Viktor Shokin, who Biden and other Western officials said was not sufficiently pursuing corruption cases. At the time, the investigation into Burisma was dormant, according to former Ukrainian and U.S. officials.
Washington post
