(Breitbart) A firm employing James Biden, the younger brother of former Vice President Joe Biden, received more than $1.5 billion in government-backed contracts during the Obama administration.
The dovetailing of James Biden’s professional life with his brother’s political influence are extensively detailed in Peter Schweizer’s new book—Profiles in Corruption: Abuse of Power by America’s Progressive Elite.
In 2010, shortly after a disastrous attempt at running a hedge fund with his nephew Hunter, James Biden entered the construction and international development industry. Even though he lacked background in either, James secured a position as executive vice president at the newly formed HillStone International, LLC. The firm, which was a subsidiary of the long struggling Hill International, was unique for a multitude of reasons.
“The president of HillStone International was Kevin Justice, who grew up in Delaware and was a longtime Biden family friend,” Schweizer writes in his book, a copy of which was exclusively obtained by Breitbart News. “He was friends with lots of Bidens, especially Joe’s sons Hunter and Beau.”
Under Justice’s leadership, the company was setting out to pursue technology and construction projects in the Middle East. Of particular interest to the company was the millions being given to government contractors for the rebuilding of war-torn Iraq—an endeavor Joe Biden was tasked to oversee by President Barack Obama…
Six months after James joined Hillstone, the firm received a contract to build more than 100,000 homes in Iraq. The deal, which was estimated to be worth upwards of $1.5 billion, was part of a larger $35 billion contract awarded to a South Korean company. At the time it went public, both HillStone and the Obama White House denied Joe Biden had played any role.