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Bank Records Show China-Linked Company Made Direct Payments to Joe Biden


By: Fred Lucas / @FredLucasWH / December 04, 2023

Read more at https://www.dailysignal.com/2023/12/04/bank-records-show-china-linked-company-made-direct-payments-to-joe-biden/

This is at least the third example of a direct payment to Joe Biden that stems from a family-owned business entity. The difference is that these monthly payments came directly from a Biden company. Pictured: Biden departs Ireland’s Dublin Airport on Air Force One on Aoril 14 with his sister Valerie and son Hunter. (Photo: Julien Behal/Irish Government/Getty Images)

A Hunter Biden business entity tied to China made direct monthly payments to Joe Biden in the months leading up to the former vice president’s announcement that he would run for president in 2020, according to newly released subpoenaed bank records from the House Oversight and Accountability Committee.  The monthly payments came from Owasco PC, which Hunter Biden set up as a business entity.

Biden, the president’s 53-year-old son, is under federal investigation for using Owasco PC’s corporate account to commit alleged tax crimes. Owasco PC has links to Chinese energy company CEFC, where the younger Biden was a partner. This is at least the third example of a direct payment to Joe Biden that stems from a family-owned business entity. What appears to be different here is that the payments came directly from a Biden company. Two previous payments appeared to filter indirectly through the president’s younger brother, James Biden. 

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House Oversight and Accountability Chairman James Comer, R-Ky., noted in a video statement that the president previously claimed there was an “absolute wall” between his official government duties and his family’s business; claimed his family didn’t receive money from China; and claimed he didn’t talk to his son about his business dealings.

On each, Comer said, “This was a lie.”

“Now, Hunter Biden’s legal team and the White House’s media allies claim Hunter’s corporate entities never made payments directly to Joe Biden,” Comer said. “We can officially add this latest talking point to the list of lies.”

“Today, the House Oversight Committee is releasing subpoenaed bank records that show Hunter Biden’s business entity, Owasco PC, made direct monthly payments to Joe Biden,” the Kentucky Republican said.

“This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” Comer added.

The oversight panel is one of three House committees leading an impeachment inquiry into the senior Biden’s activities for evidence of influence peddling. The committee subpoenaed the financial records of Hunter Biden and of James Biden in September.

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The House-obtained records show that Hunter Biden’s business account, Owasco PC, received payments from companies linked to Communist China and from other foreign nationals and companies.

Records released by the committee show one monthly payment in September 2018 for $1,380. Also that year, James Biden wrote two separate checks to Joe Biden for $200,000 and $40,000, respectively. The checks were marked as “loan repayments,” but Comer’s committee has tied the payments directly to Biden family business transactions. 

An FBI confidential informant said in a formal document that executives from the Ukrainian energy company Burisma paid a $5 million bribe to Joe Biden and another $5 million to Hunter Biden in 2016 when Biden was still Barack Obama’s vice president. 

While he was vice president, Biden met with or communicated with several of his son’s business partners, records show.

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corruption, Crime, Political

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$20M and Counting: Tally on Foreign Money to Biden Family Rises with Release of New Bank Records


By: Fred Lucas / @FredLucasWH / August 09, 2023

Read more at https://www.dailysignal.com/2023/08/09/20m-counting-tally-foreign-money-biden-family-rises-release-new-bank-records/

Hunter Biden and Joe Biden smiling in suits
Foreign funds flowing to the Biden family have reached at least $20 million, according to records the House Oversight and Accountability Committee released Wednesday. Pictured: Hunter Biden and U.S. Vice President Joe Biden on April 12, 2016 in Washington, D.C. (Photo: Teresa Kroeger/Getty Images for World Food Program USA)

The tally of foreign money to the Biden family has hit at least $20 million, based on the third round of bank records the House Oversight and Accountability Committee released Wednesday–pointing to millions from oligarchs from Russia, Kazakhstan and Ukraine. 

Foreign sources sent the money to Biden family members and business associates while Joe Biden was vice president during the Barack Obama administration. 

In February 2014 Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company owned by Hunter Biden and his partner Devon Archer. About $1 million was transferred to Archer, and the remainder was used to initially fund a new company account, Rosemont Seneca Bohai.

In July, Archer testified to the House committee that while Biden was vice president, he showed up for a dinner with Hunter Biden’s business associates that included Baturina. 

“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine,” House Oversight and Accountability Chairman James Comer, R-Ky., said in a public statement about the new bank records. “It appears no real services were provided other than access to the Biden network, including Joe Biden himself.”

The Russian billionaire attended the dinner at Café Milano along with then-Vice President Joe Biden.

“Hunter Biden seems to have delivered,” Comer continued. “This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son. It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States.” 

Comer said the committee will continue to investigate whether “President Biden is compromised or corrupt, and our national security is threatened.”

Archer referenced in his testimony that a Kazakhstani oligarch Kenes Rakishev provided money for Hunter Biden to buy a sports car. The newly-released records show that in February 2014, Hunter met Rakishev at a Washington hotel. 

In April, Rakishev wired $142,300 to Rosemont Seneca Bohai, according to the committee’s summary of the records. The next day, a payment was made from Rosemont Seneca Bohai for a sports car for Hunter Biden in the amount of $142,300.  

Archer and Hunter Biden arranged for Burisma executives to visit Kazakhstan in June 2014 to evaluate a three-way deal between Burisma, a Chinese state-owned company, and the government of Kazakhstan.

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corruption, Political

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