The House Oversight Committee has released proof of President Joe Biden’s shady business dealings.
According to Republican Committee Chairman James Comer, Biden received $40,000 in “laundered China money” in 2017 from the bank accounts of his brother and his sister-in-law in the form of a personal check, possibly exposing “himself to future blackmail” from the Chinese.
“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.”
The Kentucky Republican said that the “money trail” began in July 2017 when Biden’s son, Hunter, demanded a $10 million payment from a CEFC partner. He said in a WhatsApp message that “if he didn’t pony up the money, the Biden network would turn on his associate.”
Comer said that Hunter’s “extortion scheme worked,” noting that $5 million “flowed in from a Chinese affiliate of CEFC” just days later.
He added that the $5 million in cash was sent to Hudson West III, a joint business founded by Hunter and CEFC partner Gongwen Dong, on August 8, 2017, citing bank records that he and his committee had obtained. On the same day, Hudson West III transferred $400,000 to Owasco, P.C., a separate entity controlled and owned by Biden’s, as per Comer.
“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.”
While Biden has maintained that he was never in business with his son, text messages from 2020 reveal that in May 2017, he had a meeting with Tony Bobulinski, one of Hunter’s business contacts for SinoHawk Holdings, another one of Hunter’s shady businesses.
In response to the allegations, White House spokesman Ian Sams denied the story while taking a job at Comer.
“Comer’s lies and conspiracy theories are getting more desperate by the day,” Sams posted on the social media platform X. “Perhaps that’s why yesterday he admitted his probe was going ‘downhill.'”
