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Monday, December 30, 2024
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HomeHouse GOP unveils Hunter Biden's $20 million deals with Russian and Kazakh...

House GOP unveils Hunter Biden’s $20 million deals with Russian and Kazakh oligarchs [VIDEO]

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House GOP unveils Hunter Biden’s $20 million deals with Russian and Kazakh oligarchs [VIDEO]

House Republicans released several bank records highlighting the extensive financial dealings of President Joe Biden’s son Hunter Biden with oligarchs in Russia and Kazakhstan. Records show payments to Hunter Biden have topped the $20 million mark.

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These financial transactions have long been a point of contention, raising concerns about potential conflicts of interest given the close relationship between the Biden crime family and the oligarchs involved. Critics argue that these deals pose national security risks or result in undue foreign influence on US politics.

The records were revealed as part of a broader investigation led by House Republicans into Hunter Biden’s international business ventures, particularly during the time his father served as vice president under the Obama administration. Although the Bidens have consistently denied any wrongdoing, these revelations are likely to reignite debates about the potential entanglement of private business and public service in the Biden family.

Several top Republicans have called for a more thorough investigation into the matter to ensure transparency and address any potential security concerns.

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While the bank records are illuminating, it remains to be seen how they will influence ongoing discussions and possible future investigations into the international money laundering and bribery schemes of the Biden crime family.


COMPLETE PRESS RELEASE:

WASHINGTON — House Oversight and Accountability Committee Chairman James Comer (R-Ky.) today released a third bank records memorandum detailing new information obtained in the Committee’s investigation into money laundering schemes influences from the Biden family. The memo describes how the Bidens and their business partners received millions from oligarchs in Russia, Kazakhstan and Ukraine during Joe Biden’s vice presidency. After Hunter Biden received millions of dollars in payments, then-Vice President Joe Biden dined with his son’s foreign associates in Washington, D.C. Devon Archer, Hunter Biden’s former business partner, recently testified that then-Vice President Joe Biden was “the brand” sold. to enrich the Biden family and was used to send “signals” of access, power and influence.

“During Joe Biden’s vice presidency, Hunter Biden sold it as ‘the brand’ to collect millions from oligarchs in Kazakhstan, Russia and Ukraine. It appears that no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden appears to have done so. This is clear from the meals at Café Milano, where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son.” said President Comer. “It is clear that Joe Biden knew about his son’s business dealings and allowed himself to sell ‘the brand’ to enrich the Biden family while he was Vice President of the United States. The House Oversight Committee will continue to follow the money trail and obtain witnesses to determine whether foreign actors targeted the Bidens, President Biden is compromised or corrupt, and our national security is threatened.”

Below is a summary of the third bank records document. The entire memorandum can be found here here.

  • Committee staff are releasing payments from Russia, Kazakhstan and Ukraine that occurred during Joe Biden’s vice presidency: The Committee has now been identified 20 million dollars in payments from foreign sources to the Biden family and their business associates.
  • Hunter Biden and Devon Archer used Rosemont Seneca entities to lure millions of oligarchs to Europe and Asia: Through accounts nominally linked to Devon Archer (but using the family brand “Rosemont Seneca”), Hunter Biden received incremental payments from foreign sources, attempting to conceal the source and size of the payments.
  • In February 2014, a Russian oligarch sent $3.5 million to a Shell company associated with Hunter Biden and Devon Archer: Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company. About $1 million was transferred to Devon Archer, and the rest was used to initially fund a new account for the company, Rosemont Seneca Bohai, which Devon Archer and Hunter Biden used to receive other foreign cables.
  • In the spring of 2014, a Ukrainian oligarch placed Archer and Biden on Burisma’s board of directors and agreed to pay them $1 million each year: Burisma Holdings (Burisma) corporate secretary Vadym Pozharsky worked on behalf of Ukrainian oligarch and Burisma owner Mykola Zlochevsky. Hunter Biden was initially hired by Burisma to work as the company’s attorney, and Pozharsky and Zlochevsky met with Hunter Biden at a conference in Lake Como in Italy where they decided Hunter Biden would serve on the board with Devon Archer. Then-Vice President Joe Biden visited Ukraine shortly after his first payments. Burisma’s payments to both Devon Archer and Hunter Biden were connected to Rosemont Seneca Bohai. The payments were wired in incremental amounts to Hunter Biden’s various bank accounts.
  • In April 2014, a Kazakh oligarch wired the exact price of Biden’s sports car to a bank account used by Archer and Biden: In February 2014, Hunter Biden met with Kenes Rakishev at a hotel in Washington, DC. Rakishev worked closely with the prime minister of Kazakhstan, Karim Massimov. In April, Rakishev, a Kazakh oligarch, sent $142,300 to Rosemont Seneca Bohai. The next day, a payment was made from Rosemont Seneca Bohai for a sports car for Hunter Biden in the amount of $142,300. Archer and Biden then arranged for Burisma executives to visit Kazakhstan in June 2014 to evaluate a three-way deal between Burisma, a Chinese state-owned company, and the Kazakhstan government.
  • Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma and Kenes Rakishev. Vice President Biden dined with them in the spring of 2014 and 2015 in Washington, DC

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