Donald Trump Jr. has a previously undisclosed business relationship with a Texas hedge fund manager and longtime hunting pal who raised millions of dollars for Trump’s father’s presidential campaign and has special access to top government officials, it was reported Monday.

The president’s son and Gentry Beach have been involved in business deals since the mid-2000s and recently formed a company — Future Venture LLC — even though they both claimed they were just friends, the Associated Press reported, citing court records and other documents.

In February 2017, a month after Trump was sworn in as president, Beach and an Iraqi-American businessman met with top officials at the National Security Council to pitch them on reducing sanctions on Venezuela in exchange for opening business opportunities for US companies, the report said.

The NSC officials were directed by the White House to take the meeting because Beach and the businessman were friends of Trump Jr.

Lawyers for the intelligence agency questioned the appropriateness of the meetings.

Ultimately, the US didn’t act on Beach’s proposal because it would have conflicted with the president’s tough stand on Venezuelan President Nicolas Maduro.

Beach also met with Interior Secretary Ryan Zinke and Republican donors during a private lunch in Dallas seven months after the NSC meeting.

Ethics experts said Trump Jr.’s relationship with Beach and his access to government officials raises a number of red flags about profiting from the Trump presidency.

“This feeds into the same concerns that we’ve had all along: the really fuzzy line between the presidency and the Trumps’ companies,” Noah Bookbinder, who leads Citizens for Responsibility and Ethics in Washington, a public policy group, told the AP. “Donald Trump Jr. sort of straddles that line all the time.”

A White House official said Trump Jr. didn’t arrange Beach’s meeting with NSC officials.

The Trump Organization also denied Trump Jr. set up any meetings with White House or other government officials.

A statement from Beach said the accusations that he used his friendship with Trump Jr. to gain access to government agencies were “absolutely not true.”

Future Venture was incorporated last October in Delaware, but did not list Trump Jr. as an agent for the company.

But a disclosure report filed with New York City officials showed Trump Jr. was named as the company’s president, secretary and treasurer.