Politics /

Then VP Joe Biden’s brother ‘secretly negotiated $140M deal with Saudi government’

  |   By Lou Dobbs Staff

Court documents from the investigation of House Oversight Committee Chairman James Comer (R-KY) into the Biden family have revealed yet another bombshell. In 2012, when President Joe Biden was Vice President, his brother, James Biden, secretly negotiated a $140 million settlement deal between a U.S. company and the Saudi Arabian government.

Breitbart reports Comer reportedly already has “copies of the court documents and is investigating the scandal as a part of his probe into the Biden family for nine violations, including wire fraud, tax evasion, and money laundering.”

Details unearthed in court documents show that In 2011, “upon the Saudi’s refusal to pay $140 million to a U.S. construction company Hill International, James Biden was brought in to negotiate the settlement deal between the U.S. company and the Saudi government.”

The reason for bringing in James Biden was simple:  because the Saudis “would not dare stiff the brother of the Vice-President who would be instrumental to the deal,” affidavits reported by the Daily Mail show.

“Notably, James Biden had a prior business relationship with the U.S. company’s subsidiary as executive vice president with a minority stake” adds Breitbart. Before the Saudi deal, the U.S. company’s subsidiary, HillStone International, hired James Biden in 2010 as executive vice president and gave him a minority stake in the company.

Court documents show former U.S. Treasury official Thomas Sullivan, who was working to settle the deal as a private consultant, twice stated in an affidavit that James Biden was hired to negotiate with the Saudis “because of his position and relationship” with then-Vice President Biden.

“[James Biden] stated that he was often sent to meetings to represent Hill because ‘of course, the name didn’t hurt,’” court documents recount Sullivan’s written statement about a sit-down interview with James Biden.

“I asked specifically if he [James Biden] had attended a meeting with the Saudi Ministry of Trade in mid-February 2012 to receive the final payment for the work Hill had performed,” court documents recount Sullivan’s explanation. “He answered that, to the best of his memory, he had been at such a meeting, and that the reason he had attended was ‘because of his position and relationship’ with his brother.”

Breitbart also reports on the specifics of the documents which show Joe Biden’s claims to have no involvement in family business are complete lies:

Due to the U.S. company’s decision to go behind the back of the law firm to collect its money via James Biden, the lawyers hired an investigator to question James Biden and his wife, Sara, about the back-door deal. That interview occurred on July 16, 2017, an affidavit shows.

During the interview, James Biden allegedly confessed that “Of course, the [James Biden] name didn’t hurt” to get the deal done. Sara allegedly said that Joe and James Biden “told each other everything.”

Sara’s statement contradicts Joe Biden’s claims he has never spoken about the Biden family business deals.