Biden corruption money tracing
After President Biden claimed allegations of family payments from Hunter Biden’s business associate are "not true," one China expert and author has signaled an "admission of corruption" from the First Family.
"The spokesperson for Hunter Biden's legal team said that, oh, this is okay because this was seed money, good faith seed money," Gatestone Institute senior fellow Gordon Chang said on "Mornings with Maria" Monday. "Now, in these types of transactions, nobody pays millions of dollars without a contract."
On Thursday, GOP lawmakers on the House Oversight Committee revealed that they had obtained bank documents showing that the president's son, Hunter, the president's brother, Jim, and Hallie Biden, the widow of the president's late son, Beau, received payments from Hunter's business associate Rob Walker and their joint venture with Chinese energy firm CEFC.
A spokesperson for Hunter Biden's legal team confirmed the payments Thursday, but emphasized that the recipients' accounts "belonged to Hunter, his uncle and Hallie – nobody else."
When approached by a reporter on the White House lawn Friday, Biden denied that the payments were made, saying, "That’s not true."
Then, Hunter’s legal team accused Republicans of pushing a "baseless right-wing conspiracy theory" with a spokesperson stating the capital was part of "good faith seed funds."
"This is essentially an admission of corruption, and I'm sure that the House Oversight Committee is going to follow up on this. But this doesn't happen in the real world in the absence of payoffs, influence peddling and, yes, corruption," Chang said.
As part of the Oversight Committee’s "Biden Family Investigation," Chairman Rep. James Comer, R-Ky., reportedly subpoenaed financial records which revealed that, on March 1, 2017, less than two months after then-Vice President Joe Biden left office, State Energy HK Limited, a separate Chinese company, wired $3 million to Robinson Walker, LLC.
According to a committee memo, "Biden family members and their companies began receiving incremental payments over a period of approximately three months" from Mr. Walker.
"In the beginning, the White House denied having any knowledge or the fact that their family was involved in any sort of way, shape or form with the CCP. But now we have bank records that reveal otherwise," Rep. Comer told host Maria Bartiromo on Sunday. "We don't know what the Bidens did in return for this money. The lawyer said that it was seed capital for a business. We haven't been able to find a business. Right now it looks like the Biden family just pocketed this money."
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It looks like the Bidens have been unable to produce any business records to support their claim about what they did for the money. If it was seed money as alleged, what was the business it was seed money for? They do not say and the Chicoms are not saying either.
See, also:
‘Not True’ — Joe Biden Contradicts Hunter’s Confession of China Payout
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Despite Joe Biden’s claims, Hunter admitted on Thursday the family business did accept China money in 2017. Hunter not only admitted the Biden family business received China money, but he also acknowledged he, along with James, Hailie, and unknown “Biden,” all received $1.3 million collectively.
“Hunter received his portion of good faith seed funds which he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved with at the time, and sharing expenses,” Hunter’s spokesperson acknowledged.
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And:
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There is no indication of any particular services performed for this treasure, nor is there any expertise among the recipients, who include the current POTUS’s son Hunter, his brother James, Hunter’s mistress-at-the time Hallie Biden (who is also his brother’s widow and Biden’s daughter-in-law) and an entity simply named “Biden.”
Rep. Comer, appearing on Maria Bartiromo’s Sunday Morning Futures program on Fox News, said that this is “only the beginning.” There are “as many as 11 other deals” that are being examined by his committee.
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