‘BANK RECORDS DON’T LIE,’ House Oversight Cmte. Says, Reporting that Biden Family Got Millions from Foreign Entities

CRAIG BANNISTER | MAY 10, 2023

“BANK RECORDS DON’T LIE,” the House Oversight Committee Chairman tweeted Wednesday, after the committee released a memorandum outlining its findings that millions of dollars were circuitously funneled from foreign entities to members of Pres. Joe Biden’s family.

“The Biden family used their web of LLCs & associates to receive millions of dollars from foreign nationals,” the committee tweeted, introducing a video clip of committee Chair Rep. James Comer’s (R-KY) press event announcing release of the 36-page “Second Bank Records Memorandum from the Oversight Committee’s Investigation into the Biden Family’s Influence Peddling and Business Schemes.”

“No services were provided other than access & influence. Our investigation is accelerating and @RepJamesComer will subpoena more bank records,” the tweet notes.

 

🚨BANK RECORDS DON’T LIE🚨

The Biden family used their web of LLCs & associates to receive millions of dollars from foreign nationals.

No services were provided other than access & influence.

Our investigation is accelerating and @RepJamesComer will subpoena more bank records. pic.twitter.com/ufkupNnAAv

— Oversight Committee (@GOPoversight) May 10, 2023

 

The report reveals “new information investigators have uncovered regarding the transfer of money from foreign entities to the Biden family,” most of which was paid while Joe Biden was vice president, via wire transfers and routed through a third party, Rep. Comer explained in the press conference:

“Hunter Biden and his associates capitalized on a lucrative financial relationship with a Romania 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 associates’ account that funneled the Bidens’ 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 a pattern of influence-peddling.”

The Bidens received more than one million dollars from 16 different wire transfers over a period of three months to at least five different banks, Comer said, calling it “inconceivable that the president did not know it.”

The memorandum says bank records refute Pres. Biden’s denials:

“In 2017 alone, bank records show President Biden’s family and their related companies
received millions of dollars from Chinese foreign nationals’ companies.

“This amount does not include payments from Ukraine, Kazakhstan, Mexico, Romania, Oman, or other foreign business deals the Committee is investigating; it also does not include any payments related to Hunter Biden’s interest in BHR Partners or Jonathan Li”

As the investigation unfolds, the committee will discuss how the Bidens received millions of dollars through the use of shell companies and wire transfers, Comer said.

“They set this up to be as complicated as possible, to make it as difficult as possible [to track],” Comer said Tuesday, in an interview with Fox News Channel.

The congressman said that he hasn’t seen even a single credible business sending money to the Bidens and that it appears to him that the businesses were “shell companies set up to launder money from foreign nationals into Biden family back pockets.”

“They’re going to have a lot of explaining to do” as the investigation continues, Rep. Comer said.

https://mrctv.org/blog/bank-records-dont-lie-house-oversight-cmte-says-reporting-biden-family-got-millions-foreign