A new report from the House Oversight Committee sheds light on the expansive international business dealings of the Biden family.
According to the document, the GOP-led committee subpoenaed four different institutions and received thousands of records in response. The memo was released on Wednesday.
According to bank records, businesses controlled by Biden received more than $10 million from companies controlled by foreign nationals.
Based on the financial records we have obtained via bank subpoenas, we can now confidently trace at least $10 million in total from foreign nationals’ and their related companies going to the Biden family, their business associates, and their companies.
— Oversight Committee (@GOPoversight) May 10, 2023
Some payments were made while Vice President Joe Biden was in office, while others were made after his 2017 departure.
The payments from foreign companies were distributed incrementally to the Biden family’s bank accounts, a strategy that could have been used to conceal their origin.
According to the committee, Chinese Communist Party-controlled entities took extensive measures to funnel payments to entities controlled by Hunter Biden, concealing their ultimate source in the process.
The Bidens took steps to hide, confuse, and conceal payments they received from foreign nationals. Here’s one example how a CCP-linked associate layered domestic limited liability companies to pay Hunter Biden. pic.twitter.com/GCx81QbrP3
— Oversight Committee (@GOPoversight) May 10, 2023
Hunter Biden, James and Sara Biden, and Hallie Biden are identified by the House Oversight Committee as recipients of funds channeled through Chinese government intermediaries.
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. pic.twitter.com/CEyPZGW8gA
— Oversight Committee (@GOPoversight) May 10, 2023
The report identifies no less than nine Biden family members as recipients of foreign funds, delineating a scheme to profit from the vice president’s international influence.
Personally this seems like a scheme that Biden’s brother and Hunter Biden came up w to sell influence. They even used their kids to hide the payments. Not sure there is clear evidence of Joe Biden’s involvement, but at least warrants investigation by law enforcement & the press. https://t.co/5vz1YLKUOC pic.twitter.com/5cZlwhKOxf
— AG (@AGHamilton29) May 10, 2023
According to the memorandum, Gabriel Popoviciu, a Romanian national convicted of corruption, also made payments to a corporation with ties to the Biden family.
While VP Biden was lecturing Romania on anti-corruption policies, he served as a walking billboard for his son & family to collect money.
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Hunter & his associates capitalized on a lucrative financial relationship with a Romanian national who was later convicted of corruption.— Oversight Committee (@GOPoversight) May 10, 2023
More on this story via The Western Journal:
Biden family accounts were allegedly sent $1.038 million from the corporation in question — after Popoviciu’s Cyprus-registered company paid Biden firm Robinson Walker LLC more than $3 million. CONTINUE READING…
