At least nine members of then-Vice President Joe Biden’s family received roughly $10 million in payments from various foreign nationals in an alleged widespread bribery scheme, the House GOP revealed this week.
During a press conference on Wednesday morning, Rep. James Comer (R-KY) alongside a handful of House Republicans said that newly discovered bank records show that Biden’s family received and attempted to conceal more than $10 million in payments from foreign nationals.
Along with the revelation that the Biden’s received over $1 million in questionable payments from Romanian businessman in an apparent “influence peddling” plot, House Republicans said that a “web” of at least 20 LLCs with a “complicated corporate structure” were launched since the start of Biden’s first term as Vice President in 2009.
Rep. @JamesComer: "President Biden has claimed since the 2020 election that his family has not received money from China. That was a lie in 2020 — and he continues to lie to the American people now." pic.twitter.com/R3MyqyvnFY
— RNC Research (@RNCResearch) May 10, 2023
The then-Vice President’s scandal-prone son, Hunter Biden, co-owned many of the LLCs alongside his father, which accepted payments ranging from a few thousand dollars to over $3 million, Republicans said.
“Biden family members and business associates created a web of over 20 companies—most were limited liability companies formed during Joe Biden’s vice presidency,” a memorandum stated.
“Bank records show the Biden family, their business associates, and their companies received over $10 million from foreign nationals’ companies. The Committee has identified payments to Biden family members from foreign companies while Joe Biden served as Vice President and after he left public office.”
Despite Biden, now the President of the United States, claiming that allegations of foreign bribery were “not true,” the House GOP memo detailed an effort by the Biden family to conceal and obscure sources of the payments, including payments from communist China.
COMER: “The bank records show the Biden family, their associates, and their companies received over $10 million from foreign nationals and their companies.” pic.twitter.com/H2lJXWZmQk
— Benny Johnson (@bennyjohnson) May 10, 2023
“These complicated financial transactions appear to conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Biden bank accounts. Chinese nationals and companies with significant ties to Chinese intelligence and the Chinese Communist Party hid the source of the funds by layering domestic limited liability companies,” Comer continued.
“It is inconceivable that the president did not know it, and the White House refuses to correct the President’s statement … the president is now using the federal government to run interference for his family and his own role in these schemes,” said Comer.
The Biden administration dismissed the Oversight Committee’s investigation as “evidence-free” and “politically motivated,” and stressed that Biden has never been involved with Hunter’s overseas business ventures.
However, Republicans in Congress argue that the evidence, including banking records and statements from Biden associates, say otherwise.
“This is about the entire Biden family, including the president of the United States. So we believe there are a whole lot of accounts that the IRS and the DOJ don’t know about because we don’t believe they’ve done a whole lot of digging in this. And we have we spent the past hundred days poring over bank documents,” Comer said in a recent interview with Fox News.
“I’ve used subpoena power to get these bank documents. We’ve been meeting with the former associates of the Bidens in their different influence peddling scheme. We’ve been meeting with whistleblowers. We know exactly what this family was doing,” he added.
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