Committee on oversight and accountability they held a press conference and in that they detailed what they described as a complex money laundering scheme involving payments from several foreign governments to the Biden family it turns out as well this is not just about Joe and his son Hunter the committee members claimed the
Payments have been going to dozens well close to a dozen members of the Biden family and they also claim the Biden family was taking steps to conceal the funds during the press conference committee chairman representative James Comer he declared this as an investigation into President Joe Biden and this flies in
The face of many establishment news outlets which have been actually repeatedly been claiming that the case is just on Hunter and that has nothing to do with Joe Biden watch this I want to be clear this committee is investigating President Biden and his family’s Shady business deals that capitalize on Joe
Biden’s public office and risked our country’s National Security now it’s as interesting this committee has only had its subpoena powers for the last four months they moved very quickly on this but in that time they’ve already been able to subpoena the banks and in order to uncover multiple llc’s that the Biden
Family was allegedly using in this whole scheme now Comer claims that many of the payments took place when Joe Biden was vice president that was under Barack Obama of course and he said this first instance while Vice President Biden was lecturing Romania on anti-corruption policies in reality he was a walking
Billboard for his son and family to collect money Hunter Biden and his associates capitalized on a lucrative Financial relationship with the Romanian National who was under investigation for and later convicted of corruption in Romania the bidens received over one million dollars for the deal and 16 of the 17 payments to their
Associate’s account that funneled the bides money occurred while Joe Biden was vice president in fact the money stops flowing from the Romanian National soon after Joe Biden leaves the vice presidency this is a pattern of influence penalty that was just one of them and it wasn’t just Romania either it was payments tied
To China payments tied to Russia to Ukraine to Kazakhstan to Mexico to Oman and to other countries as well Epoch Times Reporter Mark tapsco was actually on the scene at this press conference he noted that in the memorandum of the findings from the house committee doing the investigation
It was explained how this scheme allegedly works and here’s what it says it says Biden family members and business associates created a web of over 20 companies most of these were limited liability companies LLCs formed during Joe Biden’s presidency or sorry vice presidency It also says this bank
Records show that the Biden family their business associates and their companies received over 10 million dollars from foreign Nationals companies the committee has identified payments to the Biden family members from foreign companies while Joe Biden served as vice president and after he left public office it adds that after Biden left
Office notably as vice president under Obama the Biden Family actually shifted from using the web of those 20 companies to instead using a web of at other companies business associates from business associates to receive the money now these payments were given over again over a course of time to different bank
Accounts pounds and the memorandum actually further States this it says these complicated Financial transactions appear to conceal the source of the funds and reduce the conspicuousness of the total amounts made to the Biden bank accounts it says as well the Chinese Nationals and companies with significant ties to Chinese intelligence and the
Chinese Communist Party hid the sources of the funds by layering domestic limited liability companies LLCs and speaking of China the committee raised some really serious concerns over Joe Biden’s ties to certain Chinese Nationals this includes two individuals the committee is particularly concerned about one of them yujin Ming had close
Ties to the highest levels of the Chinese Communist party and operated a multi-billion dollar Energy company with access to large sums of money we’ll discuss how the bidens received millions of dollars from this individual through the use of shell companies and wire transfers now representative Comer notes that back in March the house
Committee released its first memorandum on the bank records which alleged that Rob Walker a Biden associate used his company to funnel money between Chinese connections and members of the Biden family and comer notes that Democrats have been shown the bank records they’ve seen it and he alleged that Democrats misrepresented the findings watch
Democrats said all the bank records showed were Papa John’s and Starbucks receipts they deliberately chose to misconstrue and deny what was clearly in front of them Hunter Biden’s Representatives claimed the money was quote good faith seed funds but could not explain why those funds had to go through an intermediary in
What appears to be an attempt to hide the transfers from the Chinese they also couldn’t explain why the bidens received over 1 million dollars in 16 different wire transfers over a period of three months to at least five different banks a representative Comer noted that when President Biden was asked about this
Previously that Biden claimed it was not true the memorandum actually notes that in October of 2020 President Biden stated in a televised presidential debate in fact and in fact let me show you the clip we’re referring to right here my son has not made money in terms
Of this thing about what are you talking about China I have not had the only guy made money from China is this guy he’s the only one nobody else has made money from China he didn’t receive money from China well folks let me show you the other side and
You be the judge watch this the bidens have received millions of dollars from China it is inconceivable that the president did not know it the White House refuses to correct the president’s statements showing the president is now using the federal government to run interference for his
Families and his own role in the scheme representative Comer noted that the investigations are actually ongoing right now they’re going to be again not only widening these investigations they’re calling for whistleblowers to step forward another thing other things like that but they’re also going to be proposing new legislation that they’re
Hoping will bring an end to what they call influence peddling that’s the unfortunate practice where family members of government officials are able to profit by selling their ties to political influence to the individuals in office now we’ve repeatedly been told that nobody is above the law that’s been the
Slogan repeated over and over again as charges and accusations are brought against former president Trump and you know what he frames as The Witch Hunt and now we wait to see will the justice department the same one making all these other allegations will they while this is happening while
Biden others are facing these allegations of in their facing as well allegations of weaponizing the law for political interests will they treat these accusations and the request for documents from the committee with these same due diligence that they’ve shown when the political interest is on the other side well we’ll see about that
