President Joe Biden has denied that his family received more than $1 million in payments from accounts related to Hunter Biden’s business associate Rob Walker and both of their Chinese business dealings in 2017. Financial records indicate otherwise.
On Thursday, Republican lawmakers on the House Oversight Committee revealed that they had obtained bank documents showing Hunter Biden, Joe Biden’s brother Jim, and Hallie Biden (widow of Joe Biden’s son Beau) received payments from Hunter’s business associate Robb Walker and their joint venture with Chinese energy firm CEFC.
A spokesperson from Hunter Biden’s legal team confirmed the payments on Thursday, but they emphasized that the recipients’ accounts “belonged to Hunter, his uncle and Hallie – nobody else.”
Biden denied that the payments were made when he was confronted by a reporter on Friday.
“That’s not true,” the president said when asked about the findings.
Oversight Committee Chairman James Comer (R-KY) subpoenaed financial records from the Bank of America that say otherwise.
The records show that on March 1, 2017, less than two months after Joe Biden left office as Vice President, State Energy HK Limited, a separate Chinese company, wired $3 million to Robinson Walker, LLC.
“The next day, Robinson Walker, LLC wired $1,065,000 to European Energy and Infrastructure Group in Abu Dhabi, a company associated with James Gilliar,” a memo from the committee states.
Hillary was a business partner with Hunter Biden and was involved in his foreign business ventures.
“After the Robinson Walker, LLC account received $3 million from State Energy HK Limited, Biden family members and their companies began receiving incremental payments over a period of approximately three months,” the memo states.
“The recipients of the money included Hallie Biden, companies associated with Hunter Biden and James Biden, and an unknown bank account identified as ‘Biden.’”
Republican lawmakers say they are now looking into whether the Biden family leveraged President Joe Biden’s position as vice president to make lucrative deals with foreign nationals.
The White House put out a statement and didn’t deny the funding, but called out the committee’s investigation into the Biden family.
“After a disgusting attack lamenting that the President’s deceased son Beau was never prosecuted while he was alive, Congressman Comer has now decided to go after Beau’s widow,” said White House spokesman Ian Sams said, referring to comments Comer made earlier this month.
“Instead of bizarrely attacking the President’s family, perhaps House Republicans should focus on working with the President to deliver results for American families on important priorities like lowering costs and strengthening health care,” Sams said.
Hunter Biden’s legal team accused Republicans of pushing a “baseless right-wing conspiracy theory.” They however confirmed that the payments did happen.
“Hunter Biden, a private citizen with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China,” the spokesperson said.
“As part of that joint venture, 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.”
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