Recently House Republicans have detailed the case they are bringing against alleged corruption within the Biden family. The Republican members of Congress claim their evidence shows at least nine members of Joe Biden’s family took as much as $10 million from foreign operatives of China and Romania while Biden served as vice president under Barrack Obama.
The congressional members serving in the House Oversight and Accountability Committee unveiled bank records indicating payments from foreign companies to Hunter Biden. President Biden has claimed that he never spoke to Hunter about his business dealings when he was vice president during the Obama administration. However, the validity of these claims has come under question.
Chairman of the Committee James Comer said during a press conference Wednesday, “President Biden has claimed since the 2020 election that his family has not received money from China. That was a lie in 2020 — and he continues to lie to the American people now.”
According to the press release:
House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) today released a bank records memorandum detailing new information obtained in the committee’s investigation into the Biden family’s influence peddling and business schemes. The Oversight Committee has obtained thousands of pages of financial records revealing the Biden family and associates’ complicated network of companies set up during Joe Biden’s vice presidency and the millions the Bidens received from foreign sources. The financial records also reveal how the Bidens used complicated transactions to hide payments from foreign nationals, including CCP-linked associates, and provide clear indications of influence peddling schemes during then-Vice President Biden’s tenure.
The press release alleges that the Biden’s utilized “business associates” to receive payments from these international companies, creating a web of complex financial transactions. The press release continues:
The Biden Family Received Millions of Dollars from Foreign Sources: Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ and their related companies. The Committee has identified payments to Biden family members from foreign companies while he served as Vice President and after he left public office.
The Biden Family Used Business Associates’ Companies to Receive Foreign Funds: Despite creating many companies after Vice President Biden took office, the Biden family used business associates’ companies to receive millions of dollars from foreign companies.
Attempts to Conceal Large Financial Transactions: After foreign companies sent money to business associates’ companies, the Biden family received incremental payments over time to different bank accounts. These complicated financial transactions appear to be meant to conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts.
The Committee also claims the Biden’s received suspicious payments from Chinese and Romanian entities:
Chinese Nationals Hid the Source of the Money: Chinese nationals and companies with significant ties to Chinese intelligence and the Chinese Communist Party hid the source of the funds paid out to the Bidens by layering domestic limited liability companies. The Biden family and associates’ activities in coordination with Chinese nationals and their corporate entities appear to be an attempt to engage in financial deception. Multiple Biden family members received money from the Chinese after it passed through an associate’s account. Additionally, Hunter Biden received money directly into his company’s account from a Chinese-controlled entity.
Biden Family and Associates’ Activities in Romania Indicate Influence Peddling Scheme: The Biden family and associates’ activities in Romania bear clear indicia of a scheme to peddle influence from 2015 to 2017. While Vice President Biden lectured Romania on corruption and ethics, the Bidens received over a million dollars from a company controlled by a Romanian individual accused of corruption, Gabriel Popoviciu, through a Biden family associate.
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