Newly Unveiled Hunter Biden Bank Records: Russian and Ukrainian Oligarchs’ Transactions During Joe’s VP Tenure
The House Committee on Oversight and Accountability Reveals New Findings on Hunter Biden’s Financial Dealings
The House Committee on Oversight and Accountability recently released a memorandum detailing payments made to members of then-Vice President Joe Biden’s family from Kazakhstan, Russia, and Ukraine. The memorandum specifically highlights the money paid to Hunter Biden for his position on the board of directors of Ukrainian energy company Burisma Holdings Limited.
Committee Chairman James Comer stated that Hunter Biden did not provide any real services to businessmen from these countries, but instead promised them access to his father and other influential individuals in what he calls “the Biden network.”
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden seems to have delivered,” Comer said.
Comer further alleges that Joe Biden was aware of his son’s business dealings and allowed himself to be used to enrich the Biden family while he held the position of Vice President of the United States. The House Oversight Committee is committed to following the money trail and obtaining witness testimony to determine if foreign actors targeted the Bidens, if President Biden is compromised or corrupt, and if our national security is at risk.
Key Findings from the Memorandum
- Over $20 million in payments from Russia, Ukraine, and other foreign sources were received by members of the Biden family and their associates.
- Hunter Biden attempted to conceal the source and size of the foreign payments by having them sent to accounts in the name of business associates and companies.
- Russian oligarch Yelena Baturina paid $3.5 million to a shell company using the Rosemont Seneca brand, which was then used to set up a new company account that received additional transfers of funds.
- Hunter Biden and Devon Archer received $1 million annual salaries for their positions on the board of Burisma Holdings, which were wired to a new account called Rosemont Seneca Bohai.
- Shortly after Kazakhstani oligarch Kenes Rakishev transferred $142,300 to Rosemont Seneca Bohai, Hunter Biden purchased a sports car for the exact same amount.
- Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma, and Kenes Rakishev, and Vice President Biden had dinner with them in Washington.
The committee has also shared links to its previous bank records memoranda for further reference.
Previous bank records memoranda can be found here:
First Bank Memo: https://t.co/onL7M5iUGHSecond Bank Memo: https://t.co/dFpIIV5zW0
The Oversight Committee tweeted that this is a clear case of corruption that enriched the Biden family. For more details, you can read the full memorandum here.
Source: The Western Journal
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