President Joe Biden allegedly considered joining a Chinese Communist Party-linked joint venture created by Hunter Biden and his associates, the now-imprisoned former partner of his first son told congressional investigators on Friday.
Biden impeachment investigators traveled to an Alabama prison to speak with Jason Galanis, who is currently serving a 14-year sentence for defrauding a Native American tribe, DailyMail.com has learned.
Galanis told leaders of the Oversight and Judiciary Committees that he worked with Devon Archer and Hunter Biden between 2012 and 2015 on deals involving insurance and wealth management.
He testified that the trio was “owned and acquired with audited total assets of more than $17 billion.”
Biden impeachment investigators traveled to an Alabama prison to speak with Jason Galanis, who is currently serving a 14-year sentence for defrauding a Native American tribe.
Galanis told investigators that “Hunter Biden’s entire added value to our business was his last name and his access to his father, Vice President Joe.”
“Our goal was to build a diversified private equity platform, which would be anchored by a world-known Wall Street brand alongside a world-known political name,” Galanis continued, according to a testimony obtained by DailyMail.com.
“Our goal, meaning Hunter Biden, Devon Archer and I, was to make billions, not millions.”
He told investigators that ‘Hunter Biden’s entire added value to our business was his last name and his access to his father, Vice President Joe Biden.’
“Because of this access, I agreed to provide them (Hunter and Devon) with equity ownership at no out-of-pocket cost in exchange for their ‘relationship capital,’ Galanis continued.
Hunter Biden served as vice president of its deal, called Burnham Group, “and brought strategic relationships to the company, including from Kazakhstan, Russia and China.”
Galanis testified that in 2014, he, Devon and Hunter agreed to form a partnership with Harvest Fund Management, a $300 billion Chinese financial services company with close ties to the CCP.
Henry Zhao, the director of Harvest, was a contact of Hunter.
Zhao was interested in this partnership because of the revolutionary added value of the Biden family, including Joe Biden, who would be a member of the Burnham-Harvest team after the vice presidency, providing political access in and around the United States. the world,” Galanis testified.
Galanis cited a draft email Hunter wrote that said, “Please also remind Henry [Zhao] from our conversation about a board position for a certain relative of mine. Devon and I golfed with that relationship early last week and discussed this same idea again and, as always, he remains very interested in the opportunity.
“As Devon Archer is mentioned as being a direct party to the conversation with the vice president at the golf course, it is clear from his email that Devon believed this was an accurate representation of that conversation,” Galanis said in his opening statement. .
“I am certain that the phrase ‘a certain relative of mine’ refers to Vice President Biden, and Devon told me about this conversation on the golf course shortly after it occurred,” Galanis testified. “And it was one of many conversations that I understood the vice president had expressing his willingness to join Harvest’s board of directors after his vice presidency.”
One infamous photo shows Joe Biden playing golf with Hunter and Archer in August 2014, just before the email was supposedly written.
Galanis went on to testify that Zhao “regularly sought assurances about what he called the ‘intangible assets’ that Vice President Biden, serving on Harvest’s board, would bring to the business plan.”
Hunter Biden’s friend and business partner Devon Archer, far left, is seen playing golf in the Hamptons with Hunter (far right) and Joe (next to Hunter).
“He wanted assurances not to ‘lose face,'” Galanis said. “In my opinion, there was no other reason for this huge Chinese company to be interested in doing business with Burnham other than the Biden name.”
Zhao also worked with Hunter in his ventures with Chinese energy company CEFC. He is the recipient of a text message exchange in which Hunter invokes his father’s name as a threat to get Zhao to pay him $10 million for their SinoHawk Holdings joint venture.
“I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled,” Hunter told Zhao.
‘And, Z, if I get a call or a text from anyone involved in this other than you, Zhang or the president, I will make sure that the man sitting next to me and every person he knows and my ability to maintain forever a grudge relationship that you will regret not having followed my instructions.’
Galanis also testified that during an outing to the Peninsula Bar in New York City with Hunter and Archer, the first son called his father and told him that “things were going well with Henry and Harvest and that he might need a little help.” To understand”. the final line.’
He added that “it wasn’t the only time I heard Hunter call his father about business matters.”
Biden has long claimed that he never discussed his son’s foreign business dealings.
The White House did not respond to DailyMail.com’s request for comment on the allegations.
Galanis is part of a famous crime family in New York. His father, John Galanis, was the target of former New York Mayor Rudy Giuliani during his crime crackdown in the 1980s. At 76, Galanis’s father is also currently imprisoned for his role in the scheme. of his son.
Galanis and Archer were convicted of fraud for convincing a Native American tribe to issue economic development bonds and then diverting the funds for personal use. Hunter Biden was never accused of participating in the scheme.
Galanis’ jailhouse interview comes after a key source in the impeachment inquiry was charged for a second time with allegedly lying to the FBI, a blow to Republican efforts to link Joe directly to Hunter’s shady dealings. and James Biden.
Special prosecutor David Weiss first charged and arrested Alexander Smirnov on February 14 in Las Vegas, Nevada, for lying about President Joe Biden and his son Hunter Biden accepting bribes of $5 million each from the company. Ukrainian energy company Burisma.
Galanis is currently pushing for home confinement, claiming he has been sexually assaulted in prison.
‘I pleaded guilty. “I have had eight years in federal custody to reflect on my actions and I deeply regret my role,” she said.
Galanis has already been denied home confinement on one occasion, claiming that he had been assaulted by a member of prison staff.
“I believe that, based on the events I have described, many of which are recorded in writing, I have been the victim of a pattern of retaliation by the Department of Justice to prevent my home confinement, which would have allowed me complete and free release. . access to congressional investigators,” he said.
He also said that based on his experiences within the justice system, he believes he is “at serious risk within the [Bureau of Prisons] for providing information on these matters involving the president and his son.’
