In 2018, U.S. President Joe Biden was the recipient of recurring payments from his son Hunter Biden’s law firm, Owasco PC.
This revelation, disclosed by the House Oversight Committee on December 4, highlights a series of transactions totaling $4,140, divided into three payments made on September 17, October 15 and November 15. These payments occurred shortly after a bank money laundering officer raised concerns about the account receiving substantial funds from Chinese government-linked sources without any apparent services being rendered.
The committee’s findings included documentation of a “monthly” transfer arrangement to the then-former vice president, with a voided check for Biden included in the evidence. This information was released on Monday by the House Oversight Committee and reported by the New York Post, citing a source familiar with the matter.
The Oversight Committee’s chairman, a Republican from Kentucky, expressed serious concerns about these transactions in a video statement. “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. 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,” he said.
The chairman further elaborated on the ongoing investigations surrounding Hunter Biden. “At this moment, Hunter Biden is under an investigation by the Department of Justice for using Owasco PC for tax evasion and other serious crimes. And based on whistleblower testimony, we know the Justice Department made a concerted effort to prevent investigators from asking questions about Joe Biden. I wonder why?”
Hunter Biden’s lawyer pushed back after Comer’s release, arguing that the payments Hunter made were to repay his father for a truck that he himself could not finance.
“There Chairman Comer goes again — reheating what is old as new to try to revive his sham of an investigation,” Lowell said in a statement. “The truth is Hunter’s father helped him when he was struggling financially due to his addiction and could not secure credit to finance a truck. When Hunter was able to, he paid his father back and took over the payments himself.”
Oversight Committee ranking member Jamie Raskin also weighed in:
This development comes as the House panel prepares to question James Biden and Hunter Biden. The panel previously suggested that President Biden might have been involved in his family’s dealings in countries like China and Ukraine. This claim is supported by additional records indicating Hunter Biden’s deep involvement with Ukraine’s Burisma Holdings and CEFC China Energy during the same period.
Despite Joe Biden’s previous denials of discussing business with his family, evidence suggests otherwise. Documents from Hunter Biden’s abandoned laptop revealed interactions with Burisma board adviser Vadym Pozharskyi, including a request for “bank reference” information a day before the initial transfer to Joe Biden. Additionally, Joe Biden met with Pozharskyi at a dinner in 2015. An unverified FBI informant tip claimed that Burisma owner Mykola Zlochevsky was coerced into paying bribes to the Bidens in 2016 for their assistance in removing prosecutor Viktor Shokin.
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