A bombshell report in The Sun newspaper’s US edition has exposed shocking information about Joe Biden, Hunter Biden and limitless corruption of the Biden family. According to the report, two of Hunter Biden’s closest business associated lined up a potential billion-dollar payout from a highly controversial lawsuit that threatens to destroy Nigeria’s economy.
Leaked documents suggest that Jeffrey Cooper and convicted fraudster Devon Archer personally stand to gain hundreds of millions of dollars in one of the biggest international arbitration cases of all time. And secret records show that Cooper and Archer were in direct contact with President Joe Biden and his scandal-ridden son Hunter Biden after they became embroiled in the case. Currently being fought in the United Kingdom, the extraordinary legal battle has pitted an engineering firm registered in the British Virgin Islands against the government of Nigeria.
Process & Industrial Development (P&ID) is seeking a massive multibillion-dollar payout from the African nation over a failed January 2010 gas supply and processing deal.
A London arbitration tribunal in January 2017 found in P&ID’s favor and ordered Nigeria to pay US$6.6 billion, which has now ballooned to US$11billion with interest, but the country refused to do so and challenged the decision.
The breach of contract case went to trial at London’s High Court earlier this year, and a judgment is expected in the coming weeks or months.
If P&ID is awarded the full amount, it would force Nigeria – Africa’s most populous nation and the sixth in the world – to hand over what is thought to be the equivalent of almost one-third of its total foreign currency reserves.
Furious Nigerian President Muhammadu Buhari described the case as a “scam” in a speech at the United Nations in 2019.
Now, previously unseen documents leaked to investigative group Marco Polo by a whistleblower and seen by The US Sun show that Archer and Cooper – who both have deep business ties to the Bidens – are directly involved in trying to secure the payout for P&ID.
The records show that Cooper was hired by P&ID as a consultant in April 2017 through a company that he founded in Delaware called 1800 Industries LLC.
In that deal, P&ID agreed to retain the services of 1800 Industries in exchange for 10 percent of any payout it helps obtain from Nigeria in excess of US$200million.
An email from Archer in May 2017 shows that he was already involved in trying to secure the reward at that stage.
Archer says in the email: “Jeff and I have been engaged by the Client to help facilitate the collection of the Award”.
Then in May 2018, 1800 Industries entered into a confidential assignment of proceeds agreement with high-powered law firm Boies Schiller Flexner and Archer, who has been a longstanding Boies client.
In that agreement, 1800 agreed to hand Boies half of its 10 percent of the reward after notifying the law firm and Archer of its receipt.
A side note from 2019 emailed to Archer by one of his advisors in the P&ID matter states that Archer “will enjoy 5 percent” of the eventual settlement.
Archer is believed to owe substantial fees to Boies for representing him in a fraud case he was convicted for, which may help explain why his five percent of the settlement would go to the law firm.
Boies also employed Archer’s business partner Hunter Biden from 2010 up to at least 2016.
