On Wednesday, House Oversight Committee Chairman James Comer said Joe Biden received $40,000 in “laundered China money” from the bank account of his brother and his sister-in-law in 2017.
🚨 BREAKING 🚨
We’ve followed the money and identified how Joe Biden received $40,000 in laundered 🇨🇳 China money.
@RepJamesComer lays out the money trail. 👇 pic.twitter.com/lH69OUOHid— Oversight Committee (@GOPoversight) November 1, 2023
The findings come after Comer subpoenaed personal and business bank records belonging to both James Biden and Hunter Biden as part of his investigation into the Biden family.
From Fox News:
“Remember when Joe Biden told the American people that his son didn’t make money in China? Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check,” Comer said. “And the Oversight Committee has it.”
Comer said Biden “benefited from his family’s shady deal” with Chinese Communist Party-linked CEFC.
Comer said the “money trail” began in July 2017 when Hunter Biden demanded a $10 million payment from a CEFC associate. In a WhatsApp message, he claimed “he was sitting with his father and that the Biden network would turn on his associate if he didn’t pony up the money,” Comer explained.
— Oversight Committee (@GOPoversight) November 1, 2023
— Oversight Committee (@GOPoversight) November 1, 2023
Read more about our findings 👇 https://t.co/i3dKc64o2O
— Oversight Committee (@GOPoversight) November 1, 2023
Hunter Biden in the WhatsApp message allegedly told a Chinese business associate from Chinese energy company CEFC that he and his father would ensure “you will regret not following my direction.”
Hunter requested the $10 million wire for his joint venture with CEFC called SinoHawk Holdings.
“I am sitting here with my father, and we would like to understand why the commitment made has not been fulfilled,” Hunter Biden told Henry Zhao, the director of Chinese asset management firm Harvest Fund Management. “And, Z, if I get a call or text from anyone involved in this other than you, Zhang or the chairman, I will make certain that between the man sitting next to me and every person he knows and my ability to forever hold a grudge that you will regret not following my direction.”
Zhao responded, in part, “CEFC is willing to cooperate with the family.”
In his video, Comer said that Hunter Biden’s “extortion scheme worked,” noting that just days later, $5 million “flowed in from a Chinese affiliate of CEFC.”
“In taking funds sourced to a CCP-linked company that wanted to advance China’s interests, Joe Biden exposed himself to future blackmail and put America’s interests behind his own desire for money,” Comer said, vowing to “continue to follow the money” and to “hold President Biden accountable for his corruption.”
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