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Majority Staff Report Supplemental

Committee on Finance

Committee on Homeland Security and Governmental Affairs

November 18, 2020

On September 23, 2020, the Senate Committee on Finance and the Senate Committee on 

Homeland Security and Governmental Affairs released a majority staff report entitled, “Hunter

Biden, Burisma and Corruption: The Impact on U.S. Government Policy and Related 

Concerns.”1

 After the report was issued, new sources went public with additional information 

about business relationships and financial arrangements among and between the Biden family

and their business associates, including several foreign nationals. In particular, some of that 

information concerned John Robinson Walker (“Rob Walker”) and his company, Robinson 

Walker LLC. The new information is consistent with other records within the Committees’ 

possession which show millions of dollars being transferred from a Chinese entity linked to the 

communist party to Robinson Walker LLC. Those transactions are described in more detail 

herein.

Robinson Walker LLC is controlled by Hunter Biden’s longtime business associate, Rob 

Walker.

2

 Walker appears to have been associated with at least three companies connected to

Hunter Biden: Oldaker, Biden and Belair LLP; Seneca Global Advisors; and Rosemont Seneca 

Advisors. 3 Hunter Biden was a founding partner at Oldaker, Biden and Belair LLP, and he

reportedly maintained an ownership stake in Seneca Global Advisors.4 Hunter Biden reportedly 

 1 S. Rep., Hunter Biden, Burisma, and Corruption: The Impact on U.S. Government Policy and Related Concerns, S. Comm. on 

Homeland Sec. and Governmental Aff. and S. Comm. on Fin., 116TH CONG. (2020). 

https://www.finance.senate.gov/imo/media/doc/HSGAC%20-%20Finance%20Joint%20Report%202020.09.23.pdf. 2 According to Delaware records, a company named Robinson Walker, LLC was formed on February 28, 2008. According to 

Committee records, a company named Robinson Walker LLC, located at an address on V Street NW Washington, DC 20007, 

received $6,000,000 in wire transfers from the CEFC China Energy-affiliated company, State Energy HK Limited. In a text 

exchange with Tony Bobulinski, a “Rob Walker” stated that he controls a single person entity incorporated in Delaware called 

“Robinson Walker LLC.” In another text message exchange with Tony Bobulinski, Rob Walker gave an address for Robinson 

Walker LLC located on Hawthorne Road in Little Rock, AR 72207. Publicly available address listings show that an individual 

named John Robinson Walker is associated with the V Street address and the Hawthorne Road address that Walker provided to 

Bobulinski. A confidential document on file with the Committees shows that the Arkansas address is associated with a “John R. 

Walker,” the Managing Director of Rosemont Seneca Advisors and includes a “robinsonwalker,” “pilotgrowth” (referring to a 

company associated with Walker) and “rstp” (most likely referring to Rosemont Seneca Technology Partners) email 

address. Further, public lobbying registration filings show that in the past, an individual named “John Walker” registered in 

association with lobbying work done for a company called Advanced Navigation and Positioning Corporation. Specifically, 

between June 2008 and July 2011 those lobbying registration filings show that a “John Walker” and “John Robinson Walker” 

was registered as a lobbyist for Advanced Navigation and Positioning Corporation, and, at different points during that timeframe, 

the registrants for the lobbying work were two Hunter Biden-linked companies, Oldaker, Biden & Belair LLP and Seneca Global 

Advisors, LLC, as well as Robinson Walker LLC. Addresses on lobbying disclosure forms for Robinson Walker LLC list the V 

Street NW Washington, DC 20007 address. See Lobbying Registration, Oldaker, Biden & Belair LLP (June 1, 2008), 

https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=1D1CC1DD-8996-47B7-8F14-

CB928F7D2B71&filingTypeID=1; see also Lobbying Registration, Seneca Global Advisors, LLC (Oct. 1, 2008), 

https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=475013C1-BF46-49C0-8ECEE4646F01AAF1&filingTypeID=1; Lobbying Registration, Robinson Walker LLC (Dec. 7, 2009), 

https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=FE81B108-FEDA-4C87-BCDFCC3B56924186&filingTypeID=1; CONFIDENTIAL DOCUMENT 16, 17 (on file with Comms.); Hunter Biden reportedly has an 

ownership stake in Seneca Global Advisors. CONFIDENTIAL DOCUMENT 15 (on file with Comms.); Text message exchange 

between Rob Walker and Tony Bobulinski (May 21 and 22, 2017). 3 Id. 

4 CONFIDENTIAL DOCUMENT 15 (on file with Comms.). CEFC China Energy Proposal for Investment Vehicle (April 10, 2017). 
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served as Chairman of Rosemont Seneca Advisors, and Walker reportedly served as its 

Managing Director.5 

In October 2020, Tony Bobulinski came forward with a series of public statements and 

interviews in which he described his personal experience working with the Biden family and 

their associates, including Walker. When Bobulinski publicly disclosed his relationship with the 

Biden family, he also disclosed information about Walker’s connection to the Biden family. 

For example, in a May 21, 2017 WhatsApp message that Bobulinski produced to the 

Committees, Walker told Bobulinski that he was the owner of Robinson Walker LLC and 

confirmed that it was a single member LLC based in Delaware:

Rob Walker: I can. I have an llc: Robinson walker llc. Dont really 

know the pros and cons. Let’s do Robinson walker llc 

if not too late.

Tony Bobulinski: it’s a single member delaware llc?

Rob Walker: Yes6

Other WhatsApp exchanges between Walker and Bobulinski demonstrate a close working 

relationship between Walker and the Biden family. In a May 22, 2017, WhatsApp message from 

Walker to Bobulinski, Walker provided James Biden’s contact information to Bobulinski for 

inclusion in a corporate agreement:

Tony Bobulinski: Plse docusign the O agreement and herd up H and 

Jim

Rob Walker: Jim is [address listed] Merion Station, Pa. 19066.

Tony Bobulinski: Thx James has signed it, we are waiting on u 3 I need 

it signed so when I get confirmation from China we can execute7

During an interview with Tucker Carlson that aired on Fox News, Bobulinski stated:

Tucker Carlson: Let me ask you to pause. Will you explain to us 

who Rob Walker is? 

Tony Bobulinski: Yes. Rob Walker was a partner in Rosemont 

Seneca and had a very close relationship with the Biden family and 

had developed and been working with James Gilliar throughout

2015 and 2016 to develop this deal with the Chinese and CEFC. 

 5 CONFIDENTIAL DOCUMENT 17 (on file with Comms.); CEFC China Energy Proposal for Investment Vehicle (April 10, 2017) at 

3.

6 Text message exchange between Rob Walker and Tony Bobulinski (May 21, 2017). 7 Text message exchange between Rob Walker and Tony Bobulinski (May 22, 2017).
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Tucker Carlson: What was his relationship with the Biden 

family? 

Tony Bobulinski: So my understanding is, Rob had worked in 

prior administrations and had a very, very close relationship. In 

fact, in Rob Walker's own words, in an e-mail to me, he states that, 

you know, everyone was contributing or telling me how they 

wanted to participate in Sinohawk. And in an e-mail, he basically 

states in his own words, to me, I want to continue acting as a proxy 

for Hunter Biden, Jim Biden and the Bidens around the world.8

In a May 15, 2017, e-mail from Walker to Bobulinski, Walker explained to Bobulinski 

that in the context of their financial relationship, he saw himself as “[b]eing a surrogate for H or

Jim when gauging opportunities.”9

 In this e-mail, H appears to refer to Hunter Biden, and Jim 

appears to refer to Joe Biden’s brother, James Biden.

According to records on file with the Committees, on February 23, 2017, and March 1, 

2017, a Shanghai-based company called State Energy HK Limited sent two wires, each in the 

amount of $3,000,000, to a bank account for Robinson Walker LLC.10 The records note that 

“[i]t is unclear what the true purpose is behind these transactions and who the ultimate 

beneficiary is.”11 

These transactions are a direct link between Walker and the communist Chinese 

government and, because of his close association with Hunter Biden, yet another tie between 

Hunter Biden’s financial arrangements and the communist Chinese government. At the time of 

the transfers, State Energy HK Limited was affiliated with CEFC China Energy, which was 

under the leadership of Ye Jianming.

12 In the past, State Energy HK Limited transferred funds to 

at least one company associated with Hunter Biden’s business associate, Gongwen Dong.13 As 

detailed in the Committees’ September 23, 2020 report, Hunter Biden’s business partner, Ye 

Jianming, had established ties to the Chinese Communist Party and Chinese military, the 

People’s Liberation Army.14 So, too, did Gongwen Dong, in light of his relationship with Ye. 

In 2017, Ye was actively working to build CEFC by making investments around the 

world. According to news reports, Ye actually “appeared to be China[’]s unofficial energy 

 8 Bobulinski: ‘I think Joe Biden and the Biden family are compromised’, Fox News (Oct. 27, 2020), 

https://www.foxnews.com/transcript/bobulinski-i-think-joe-biden-and-the-biden-family-are-compromised. 9 E-mail from Rob Walker to Tony Bobulinski (May 15, 2017). 10 CONFIDENTIAL DOCUMENT 16 (on file with Comms.). 11 Id. 12 Id. 13 CONFIDENTIAL DOCUMENT 7 (on file with Comms.); CONFIDENTIAL DOCUMENT 16 (on file with Comms.). 14 S. Rep., Hunter Biden, Burisma, and Corruption: The Impact on U.S. Government Policy and Related Concerns, S. Comm. on 

Homeland Sec. and Governmental Aff. and S. Comm. on Fin., 116TH CONG. (2020). 

https://www.finance.senate.gov/imo/media/doc/HSGAC%20-%20Finance%20Joint%20Report%202020.09.23.pdf at 71, 75.
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envoy, meeting presidents across the globe and even becoming an adviser to a European 

government.”15 

According to open source reporting, these efforts involved cultivating ties with Russia

and actors connected to Russian President Vladimir Putin. The Committees’ September 23, 

2020, report illustrated several financial links between Hunter Biden, his business associates and 

Russian interests.16 In 2017, during the time that Ye’s companies were sending millions of 

dollars to Hunter Biden associated companies, Ye had business dealings with Kremlin-controlled 

companies and Kremlin-aligned businessmen. In effect, Ye appears to have been China’s 

unofficial bridge to Russia on energy.17 As noted in the Committees’ September 23, 2020 report, 

in September 2017, CEFC announced its intention to purchase a 14.2 percent stake in the 

Russian state-owned energy company, Rosneft, for approximately $9 billion.18 CEFC

subsequently agreed to a reported 5 billion euro loan deal with Russian state-owned VTB Bank 

to finance the purchase.19 The 14.2 percent stake would have come from the 19.5 percent stake 

in Rosneft previously purchased by a consortium of Glencore (a Swiss mining company) and the 

Qatar Investment Authority (the sovereign wealth fund of the Qatari government).20 According 

to one report, the fact that VTB agreed to loan CEFC money to assist in financing the purchase 

showed the links between Beijing and Moscow: 

 

15 Jenni Marsh, The rise and fall of a Belt and Road billionaire, CNN (Dec. 5, 2018)

https://www.cnn.com/interactive/2018/12/asia/patrick-ho-ye-jianming-cefc-trial-intl/. 16 S. Rep., Hunter Biden, Burisma, and Corruption: The Impact on U.S. Government Policy and Related Concerns, S. Comm. on 

Homeland Sec. and Governmental Aff. and S. Comm. on Fin., 116TH CONG. (2020). 

https://www.finance.senate.gov/imo/media/doc/HSGAC%20-%20Finance%20Joint%20Report%202020.09.23.pdf at 69. The 

report stated that a tablet company called “BAK USA LLC” received money transfers from Elena Baturina. Since the 

Committees published the report, former officials from that tablet company—which dissolved years ago—contacted the 

Committees and denied that it received money from Baturina, and denied having connections to Baturina or Hunter Biden and his 

associates. Finance Committee staff immediately attempted to resolve this apparent discrepancy. As part of these efforts, 

Committee staff have made multiple efforts to cure the ambiguity, including several discussions with and records requests to 

officials of the tablet company to ensure that it was not the company involved in the stated transactions and was not associated 

with Baturina, Hunter Biden, and his associates. But the former officials from the now-dissolved tablet company refused to 

provide any records each time they were requested. In one conversation, in response to questioning about whether an investor in 

the tablet company could have had access to accounts and engaged in activity unknown to other officials, the official responded 

that it was “entirely possible.” The Committees nevertheless continued to investigate in order to definitively exclude the tablet 

company from the transactions and determined that an identically named company, and not the tablet company, was the likely 

recipient of the wire transfers from Baturina. Specifically, around the time of those wire transfers, two companies named “BAK 

USA LLC” operated in the New York area; one made tablets, the other did not. After reviewing this information and additional 

records that have recently been made public and which were not previously available to the Committees, it appears that the tablet 

company did not receive the wires, but rather the other entity under the name BAK USA LLC was the recipient of those funds.

17 See, e.g., Dmitry Zhdannikov, China's CEFC investigation hits $9 billion Russian oil deal, REUTERS (Mar. 22, 2018), 

https://www.reuters.com/article/us-rosneft-cefc/chinas-cefc-investigation-hits-9-billion-russian-oil-deal-idUSKBN1GY1VO; 

Reuters Staff, VTB claims repayment from Singapore's AnAn over En+ shares, REUTERS (July 30, 2018), 

https://www.reuters.com/article/us-usa-russia-sanctions-en-anan-vtb/vtb-claims-repayment-from-singapores-anan-over-enshares-idUSKBN1KK19P. 18 Scott Patterson and James Marson, Glencore, Qatar Sell Rosneft Stake to Chinese Firm in $9 deal, THE WALL STREET JOURNAL 

(Sept. 8, 2017), https://www.wsj.com/articles/glencore-qatar-sell-14-stake-in-rosneft-to-chinese-energy-company-1504881233. 19 Katya Golubkova and Dmitry Antonov, Russia's VTB CEO says ready to provide loan to CEFC for Rosneft stake, REUTERS

(Jan. 22, 2018), https://www reuters.com/article/us-russia-vtb-cefc/russias-vtb-ceo-says-ready-to-provide-loan-to-cefc-forrosneft-stake-idUSKBN1FB0Z2; Reuters Staff, Russia's VTB agrees to 5 bln euro loan to China's CEFC – RIA, REUTERS (Jan. 

24, 2018), https://www reuters.com/article/russia-vtb-cefc/russias-vtb-agrees-to-5-bln-euro-loan-to-chinas-cefc-riaidUSR4N1PE005. 20 Scott Patterson and James Marson, Glencore, Qatar Sell Rosneft Stake to Chinese Firm in $9 deal, THE WALL STREET JOURNAL 

(Sept. 8, 2017), https://www.wsj.com/articles/glencore-qatar-sell-14-stake-in-rosneft-to-chinese-energy-company-1504881233. 
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Though the state-private distinction is incredibly blurry and often 

irrelevant in both Russia and China, [Igor] Sechin and his own 

network benefited from Ye’s assumed connections to China’s 

military-intelligence structures. That CEFC expected to raise $5.1 

billion in short-term loans from Russia’s VTB – a funding vehicle 

for projects the Kremlin prioritizes – evidenced substantial support 

in Moscow.21

Hunter Biden was in close contact with Ye in 2017 and was aware of these developments. 

In an October 2017 message exchange produced to the Committees by Bobulinski, Hunter Biden 

told Bobulinski that although he “stayed out of that Russian mess,” he “discussed the Roseneft

[sic] deal” with Ye personally and was familiar with the deal, including the fact that Ye was 

“pissed off...by the execution[.]”22 In the same exchange, Biden explained that he spoke to Ye

on a “regular basis,” they have a “standing once a week call,” was the “first guest in his new 

apartment,” “he cooked me lunch himself and we ate in the kitchen together,” and was helping 

Ye “on a number of his personal issues (staff visas and some more sensitive things).”23 

Another document produced by Bobulinski and dated May 15, 2017, outlined plans for 

the expansion of CEFC in Oman, Colombia, Luxembourg, Romania, and other countries.

24 With 

regard to Oman, the document noted that Hunter Biden “was key in relationship set up, 

messaging the good will around the chairman [Ye Jianming] and the non-conflict status of CEFC 

entry, ‘a bridge between two great nations’.”25 It also identified Hunter Biden as being 

responsible for “[w]riting to all parties and organizing meetings to continue CEFC promote [sic], 

as well as approving step-by-step strategic and operational elements.”26 The document further

referenced efforts by James Gilliar and his team and characterized their role as that of “liaison 

and confidant of HB [Hunter Biden] and partners[.]”27 

Accordingly, these new records confirm the connections between the Biden family and 

the communist Chinese government, as well as the links between Hunter Biden’s business 

associates and the Russian government, and further support the Committees’ September 23, 2020 

report’s finding that such relationships created counterintelligence and extortion concerns. 

To date, the Committees have requested records from Hunter Biden, James Biden, James 

Gilliar, Tony Bobulinski, and Rob Walker. At this time, only Bobulinski has cooperated with 

the Committees. 

 21 Nicholas Trickett, Russia’s Unhappy Energy Marriage with China, THE DIPLOMAT (Mar. 30, 2018), 

https://thediplomat.com/2018/03/russias-unhappy-energy-marriage-with-china/. 22 Text Message from Hunter Biden to Tony Bobulinski (October 16, 2017). 23 Id. Notably, in one exchange, Hunter Biden referred to himself as Ye’s attorney. 24 Email from James Gilliar to Tony Bobulinski and Hunter Biden and cc’ing Rob Walker and Jim Biden (May 14, 2017) with 

attached document dated May 15, 2017, titled CEFC China Energy Investment Vehicle Phase I Countries Outline. 25 Id. at 19. 26 Id. at 19. 27 Id. at 19.














From:	Rob	Walker	<

Sent:	Monday,	May	15,	2017	3:49	PM

To:	Tony	Bobulinski	

Cc:	James	Gilliar	

Subject:	Rob	update

Hey	Tony	-	Hope	you're	doing	well.		I'm	on	the	road	to	Little	Rock	today	

with	the	family.

Here's	what	I've	been	working	on:

		-	Provided	a	list	of	all	of	Trump's	infrastructure	desires	ranking	in	

every	State	with	State	input.		Its	a	couple	of	months	old	and	funding	

for	infrastructure	is	popular	among	Dems,	but	not	with	republican	budget	

hawks,	so	not	positive	we'll	see	a	lot	of	funding,	but	might	open	up	

more	space	for	private	funding.		James	has	this	and	has	probably	

incorporated	it	into	some	sort	of	document	already	I	believe.		I	will	

track	down	tonight	if	you	like.

-	Have	an	angle	in	Puerto	Rico	and	have	been	provided	a	document	on	

their	priority	infrastructure	projects.		One	of	my	DC	friends	is	based	

out	of	San	Juan	now	as	he's	the	new	Governor's	guy	and	acts	like	a	

liaison	to	DC.		James	has	this	doc.	too.		Again,	I	can	forward.

-	Romania	-	We	are	working	on	it	from	two	angles.		It's	the	Baneasa	Land	

Development	you've	seen	the	piece	from	James	in	his	doc.		James'	angle	

of	Chinese	purchasing	some	of	Gabriel's	assets	to	show	goodwill	and	

Romanian	commitment	is	one	way.		Me?		Probably	better	that	I	brief	you	

over	the	phone	on	the	whole	project	as	there	are	many	moving	pieces	and	

players	that	an	email	won't	begin	to	touch	it.		Better	in	a	brief	where	

I	can	answer	all	questions.

-	I've	generally	been	acting	as	a	surrogate	for	H	around	the	country	and	

abroad	pursing	opportunities	and....	I	see	myself	continuing	to	do	that.	

		described	more	below.

What	I	see	myself	spending	most	of	my	time	on:

-Being	a	surrogate	for	H	or	Jim	when	gauging	opportunities,	i.e.	digging	

around	in	Texas	on	high	speed	rail	with	some	of	my	republican	friends	or	

with	board	members	of	the	project	to	see	if	our	group	would	be	welcomed	

or	not.			OR	hitting	new	countries	and	contacts	abroad	where	things	are	

Luke	warm,	but	not	hot	enough	for	H	to	close	or	too	odd	for	H	to	be	

present,	like	.		Been	doing	this	with	James	for	a	bit	already	and	it	

seems	to	work	well.	Places	in	Africa,	such	as	Angola,	where	James	and	I	

have	been	planning	to	go	to	for	a	bit	to	take	a	look	at	forestry/timber	

operation....would	be	a	good	idea	for	me	to	go	w/James	and	show	an	

American	face	that	has	the	political	knowledge	and	BS	that	may	not	be	

time	spent	wisely	for	H	or	Jim....just	an	example.

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