Stephen K. Bannon, once President Trump’s top political adviser, struck up a business relationship with a mysterious and wanted Chinese billionaire just after his White House job ended.
Almost immediately after ending his White House employment, Stephen K. Bannon, the former chief strategist to President Trump, forged a lucrative financial relationship with a mysterious Chinese billionaire who was sought by Beijing for extradition from the United States.
China’s government had already accused Guo Wengui, a real estate magnate also known as Miles Kwok, of money laundering, bribery and rape when he and Mr. Bannon developed a mutually beneficial relationship that began with a $150,000 loan to Mr. Trump’s onetime confidant, according to a memo written in May 2019 and obtained by The New York Times.
It escalated to a yearlong million-dollar contract, for which Mr. Bannon promised to introduce executives of Guo Media to “media personalities,” according to the news outlet Axios. Continue reading