HomeCorruptionIllicit Payment to Joe Biden from China Uncovered- Impeach?

Illicit Payment to Joe Biden from China Uncovered- Impeach?

Published on

spot_img

The House Oversight Committee Chair, James Comer, has presented compelling evidence suggesting that President Joe Biden received $40,000 in potentially “laundered” funds linked to the Chinese government. This revelation is part of a long-running investigation into the Biden family’s foreign financial dealings, which could have serious implications for the President.

The alleged transfer of $40,000 from Joe Biden’s younger brother, James Biden, to the future President occurred in 2017, during the same business deal in which Joe Biden was referred to as the “big guy” and supposedly earmarked for a 10% share. This incident marks the first concrete evidence of the Commander-in-Chief benefiting from his family’s foreign income.

According to the Republican-led Oversight Committee, the money made its way into Joe Biden’s bank account on September 3, 2017, via a check labeled as a “loan repayment” from James Biden. This financial transaction took place shortly after Hunter Biden issued a threatening text message to a CEFC (a Chinese energy company linked to the CCP) employee on July 30, 2017, insinuating the consequences if the demanded payment was not made.

Chairman Comer pointed out the glaring contradiction in Joe Biden’s past statements: “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.”

Bank records released as part of the investigation earlier this year revealed that CEFC, a now-defunct company linked to the Chinese Communist Party, paid Hunter and James Biden a staggering sum of at least $6.1 million in 2017 and 2018. This included approximately $1 million shortly after Joe Biden left office as Vice President, with the remainder following within ten days of Hunter’s ominous message invoking his father’s influence.

The financial trail presented by the Oversight Committee is as follows:

  • CEFC sent a $5 million wire transfer to “Hudson West III,” a joint venture involving Hunter Biden and CEFC associate Gongwen Dong, on August 8, 2017.
  • On the same day, Hudson West III transferred $400,000 to “Owasco, P.C.,” a company owned and controlled by Hunter Biden.
  • On August 14, 2017, Hunter Biden wired $150,000 to “Lion Hall Group,” a company owned by President Biden’s brother James and sister-in-law Sara Biden.
  • On August 28, 2017, Sara Biden withdrew $50,000 in cash from Lion Hall Group, depositing it into her and James Biden’s personal checking account.
  • On September 3, 2017, Sara Biden wrote a $40,000 check to Joe Biden, characterizing it as a “loan repayment.”

The Oversight Committee’s memo argues that the account balances clearly indicate that the funds originated from CEFC and directly flowed into Joe Biden’s account.

The White House has dismissed these claims as “lies and conspiracy theories,” with spokesman Ian Sams asserting that the $40,000 was a short-term loan from Joe to James, repaid in less than two months. However, the Committee argues that even if this were a loan repayment, it still demonstrates how Joe Biden benefited from his family capitalizing on his name, with money tied to China, raising concerns of potential corruption.

As the House Oversight Committee continues its investigation, the implications of these findings could have serious consequences for the President, potentially providing grounds for impeachment based on allegations of financial impropriety and conflicts of interest. Joe Biden’s previous assertion of never receiving foreign funds in his life now faces scrutiny in light of these revelations.

Latest articles

The TikTok: China’s Information Influence Operations Reaching 170 Million Americans

In a revealing interview with Fox News Digital, Michael Sobolik, a prominent China expert...

Biden Advised to Prevent China from Dumping EVs on U.S.

Senator Sherrod Brown of Ohio has called for a ban on Chinese-made electric vehicles...

China is Building Weapons for Russia

Recent U.S. intelligence assessments have shed light on China's substantial involvement in supporting Russia's...

Weak: Secretary Blinken Approaches China, Turkey and Saudi Arabia to Reason with Iran

Recent diplomatic initiatives spearheaded by US Secretary of State Antony Blinken demonstrate a serious...

More like this

The TikTok: China’s Information Influence Operations Reaching 170 Million Americans

In a revealing interview with Fox News Digital, Michael Sobolik, a prominent China expert...

Biden Advised to Prevent China from Dumping EVs on U.S.

Senator Sherrod Brown of Ohio has called for a ban on Chinese-made electric vehicles...

China is Building Weapons for Russia

Recent U.S. intelligence assessments have shed light on China's substantial involvement in supporting Russia's...