The House Oversight Committee unveiled on Wednesday that over $1 million had been transferred from a corrupt Romanian businessman to the Biden family during the time when then-Vice President Joe Biden was advocating for cleaning up corruption in Romania.
Committee chairman James Comer (R-Ky.) strongly expressed his concerns during a morning press conference, stating, “While Vice President Biden was lecturing Romania on anti-corruption policy, in reality, he was a walking billboard for his son and family to collect money.”
Comer, along with other committee members, said that they would thoroughly investigate President Biden’s involvement in the Romanian income, as well as his ventures in countries like China, Russia, and Ukraine. The committee plans to issue additional subpoenas for bank and other relevant records.
Highlighting the magnitude of the issue, Comer added, “We’ve never seen a presidential family receive these sums of money from adversaries around the world – we’re just talking about a couple of countries today.”
The press conference primarily focused on transfers made to the Biden family from China and Romania, both countries where Joe Biden had played a significant role in shaping US policy during his tenure as Vice President. Comer emphasized, “This committee is investigating President Biden and his family’s shady business deals that capitalize on Joe Biden’s public office and risk our country’s national security.”
Comer further raised questions about the authenticity of the transactions, stating, “It would be hard for me to believe that Hunter Biden was so charismatic that he could convince foreign nationals to wire millions of dollars into not just his account but eight of his family members’ accounts. We believe that there was a return on the investment.”
The connection between the Biden family and Romania represents just one of Hunter Biden’s lesser-known involvements with questionable associates in countries where his father held influence.
According to a 36-page memo released by the House committee, bank records obtained through subpoenas reveal that approximately $3 million was transferred from Gabriel Popoviciu’s Bladon Enterprises to Robinson Walker LLC, a business controlled by Hunter’s associate, Rob Walker, between November 2015 and May 2017.
Out of the $3 million, the memo indicates that around one-third, amounting to $1,038,627.08, was transferred to bank accounts belonging to Hunter Biden, his former sister-in-law Hallie Biden, and an unnamed member of the Biden family.
Republican representatives expressed their frustration with the lack of action from the Department of Justice (DOJ). Rep. Nancy Mace (R-SC) demanded, “The DOJ needs to get off its ass and investigate. We’ve done the work for them so they can’t screw it up.”
Rep. Byron Donalds (R-Fla.) also criticized the Biden family’s business dealings, stating, “The Biden family doesn’t really have a business. There is no business structure around this family except politics.”
In conclusion, Comer identified nine Biden family members who allegedly received foreign funds. The specific recipient of the Romanian proceeds remains unidentified, but it was revealed that $80,000 was transferred over four transactions.
The Oversight Committee’s memo shed light on the Biden family’s questionable financial transactions, exposing evidence of potential influence-peddling and a correlation between the family’s business associates’ activities and Joe Biden’s official responsibilities as Vice President.
The committee expressed concerns about the pattern of the Biden family pursuing business ventures in regions where Joe Biden held significant sway and influenced US policy.
It is important to note that Hunter Biden began working for Gabriel Popoviciu, the Romanian businessman, in 2015 during a time when Popoviciu was facing corruption charges in Romania.
Hunter Biden’s work for Popoviciu involved a separate side agreement outside of his law firm, Boies Schiller Flexner LLP. According to a source familiar with the arrangement, Hunter’s side deal with Popoviciu resulted in substantial earnings for him and his associates.
The timing of Hunter’s interactions with Popoviciu has drawn attention, particularly in relation to his father. In one instance, former FBI Director Louis Freeh, whom Hunter had enlisted to work on Popoviciu’s defense, called Hunter just two hours before he was scheduled to meet with his father. These details were revealed through emails found on Hunter’s abandoned laptop.
Furthermore, Hunter Biden traveled to Romania in November 2016 to represent Popoviciu before the country’s National Anticorruption Directorate. Shortly after his return, he was scheduled for a breakfast meeting with his father.
The memo released by the House Oversight Committee also disputed the White House’s denials regarding the Biden family receiving money from China and released a noon deadline for the FBI to turn over a document alleging President Biden took bribes while vice president provided screenshots of actual bank transfers as evidence.
The Oversight Committee memo which was released hours ahead of a noon deadline demanding the FBI turn over a document alleging President Biden took bribes while vice president — also slams dubious White House denials that the Biden family received money from China, providing actual screenshots of bank transfers.
The committee noted that within five weeks of the meeting with President Iohannis, deposits from Bladon Enterprises Limited began appearing in Robinson Walker, LLC’s bank account.
The Justice Department is reportedly nearing a final decision on whether to charge Hunter Biden with tax fraud and other alleged crimes. On April 26, Hunter’s attorneys met with DOJ lawyers, potentially indicating the final steps before a charging decision.
Meanwhile, President Biden was seen over the weekend with his younger brother James Biden, who had partnered with Hunter in many of his overseas ventures.
Among the more well-known international dealings of the Biden family, Hunter Biden served on the board of Ukrainian natural gas firm Burisma from 2014 to 2019, earning up to $1 million annually. This coincided with Joe Biden’s involvement in the Obama administration’s Ukraine policy.
The revelations from the House Oversight Committee’s memo have raised significant questions about the Biden family’s financial dealings and potential conflicts of interest. As the investigations continue, scrutiny on the Biden family’s business ventures and their implications for national security remains a prominent issue.