Comer alleges Biden received illicit funds from China, per bank records.
House Republicans Uncover Bank Records Showing Biden Received $40,000 from China
In a stunning revelation, House Oversight and Accountability Chairman James Comer (R-KY) has exposed bank records that expose President Joe Biden receiving $40,000 in laundered money from China.
According to Comer, the money originated from Northern International Capital, a Chinese company linked to Chinese conglomerate CEFC. After passing through various entities associated with Hunter Biden, the president’s brother James and his wife Sara sent Joe Biden a $40,000 check, claiming it was a “loan repayment.”
Joe Biden Caught in a Lie: $40,000 China Money Lands in His Bank Account
“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. And the Oversight Committee has it,” Comer said in a video message released by House Republicans.
The memo reveals that Northern International Capital sent $5 million to Hudson West III, a joint venture involving Hunter Biden and a CEFC associate. From there, $400,000 was transferred to an entity connected to Hunter Biden, and then $150,000 was sent to the Lion Hall Group, an entity linked to James and Sara.
On August 28, 2017, Sara withdrew $50,000 from the Lion Hall Group and deposited it into her and James’ personal checking account. Then, on September 3, 2017, Sara wrote the $40,000 check to Joe Biden, as revealed by Comer.
Joe Biden’s Family Cashes In: China Money Flows Through Hunter Biden’s Connections
“It’s certainly plausible that this payment, where James and Sara used funds from China, was indeed a loan repayment to Joe. But even if this $40,000 check was a loan repayment from James Biden, it still shows how Joe benefited from his family cashing in on his name – with money from China no less,” Comer emphasized.
CLICK HERE TO GET THE DAILYWIRE+ APP
According to the timeline provided by Comer, the money transfers began just days after Hunter had reportedly invoked his father in a WhatsApp message to CEFC associate Raymond Zhao.
In a July 30, 2017, message to Zhao, Hunter wrote: “I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled. Tell the director that I would like to resolve this now before it gets out of hand, and now means tonight. 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. I am sitting here waiting for the call with my father.”
This message, initially disclosed by IRS whistleblowers who faced obstacles in their investigations into Hunter Biden, adds further weight to the allegations.
How did $40,000 from a Chinese company end up in Joe Biden’s bank account?
Er Biden and Associates
The flow of money from China into the Biden family continues to raise concerns about potential conflicts of interest and the influence foreign entities may have over the President of the United States. Hunter Biden, the president’s son, has long faced scrutiny for his business dealings in China. And now, it appears that the money trail leads directly to President Biden himself. The House Oversight and Accountability Committee, under the leadership of Chairman James Comer, has obtained bank records that expose a $40,000 payment to Joe Biden from a Chinese company. The money, which was initially transferred from Northern International Capital, a company linked to the Chinese conglomerate CEFC, made its way through various entities associated with Hunter Biden, before finally reaching the president. The memo released by the committee details the complex path the money took. It reveals that $5 million was sent from Northern International Capital to Hudson West III, a joint venture involving Hunter Biden and a CEFC associate. From there, $400,000 was transferred to another entity connected to Hunter Biden, and finally, $150,000 was sent to the Lion Hall Group, an entity linked to Joe Biden’s brother James and his wife Sara. What is particularly concerning is the nature of the $40,000 payment to Joe Biden. According to Comer, James and Sara Biden claimed it was a ”loan repayment.” However, given the convoluted route the money took, it raises questions about the legitimacy of this explanation. This revelation certainly contradicts President Biden’s previous statements regarding his son’s business dealings in China. He has consistently denied any knowledge of or involvement in Hunter Biden’s financial transactions with foreign entities. Yet, here we have concrete evidence of money from China flowing directly into the president’s bank account. The implications of this discovery are significant. It raises concerns about the potential for foreign interference and influence over the President of the United States. It also questions the integrity and transparency of the Biden family’s financial dealings. It is crucial that further investigation is conducted to determine the full extent of the Biden family’s involvement with Chinese entities. Transparency and accountability are fundamental principles of our democracy, and they must be upheld, regardless of political affiliation. Chairman James Comer has not shied away from confronting the issue head-on. In a video message released by House Republicans, he boldly stated, ”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. And the Oversight Committee has it.” This new revelation adds fuel to the fire of speculation surrounding the Biden family’s financial ties to foreign nations. It further underscores the need for a thorough investigation into these matters and raises concerns about the credibility and honesty of the President of the United States. As the House Oversight and Accountability Committee continues to dig deeper into these bank records and uncover additional evidence, it is crucial that the American people are kept informed. The integrity of our democracy depends on transparency and accountability at the highest level of government. The House Republicans should be commended for their diligent work in uncovering these bank records. Their commitment to truth and accountability is paramount in ensuring a government that serves the best interests of the American people. Now, it is up to law enforcement agencies and other relevant authorities to conduct a thorough investigation into these findings. The American people deserve to know the truth about the financial dealings of their elected officials and the potential influence of foreign entities on our democracy. As this story continues to unfold, it is imperative that we remain vigilant in demanding transparency, accountability, and the preservation of our democratic values. The future of our nation depends on it.
Comer: “Joe Biden Caught in a Lie”
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Now loading...