In a groundbreaking development, House Oversight and Accountability Committee Chair, James Comer, R-Ky., has released damning evidence suggesting President Joe Biden’s direct involvement in receiving monetary benefits from Chinese-linked sources. This revelation, emerging from subpoenaed bank records, indicates that Hunter Biden’s business entity, Owasco PC, was not merely a family enterprise but a channel for funneling Chinese money to the President.
Direct Payments from China to President Biden: The Owasco PC Link
Central to this accusation are the transactions from Owasco PC, Hunter Biden’s business account, to President Biden. These payments occurred after significant funds flowed into Owasco PC from entities connected to the Chinese state and other foreign companies. This pattern of transactions starkly contradicts President Biden’s previous statements of non-involvement and suggests a covert operation to benefit financially from Chinese interests.
DOJ Investigation and Biden Family’s Deep Financial Web
The Department of Justice is intensively scrutinizing Hunter Biden for using the Owasco PC account for potential tax evasion and other grave crimes. This scrutiny forms part of an expansive inquiry, revealing a sophisticated web of over 20 shell companies used in transactions netting the Bidens and their associates over $24 million from 2015 to 2019, significantly implicating President Biden in potential influence peddling schemes.
The Biden-China Financial Nexus: A Calculated Scheme
The House Oversight Committee’s investigation reveals a systematic pattern of influence peddling, with direct payments from Hunter Biden’s corporate account to President Biden. This pattern is not just a financial irregularity but suggests a calculated, potentially criminal scheme involving the President’s direct benefit from Chinese financial sources.
A Closer Look: The $40,000 Check and Chinese Funding
A particularly incriminating piece of evidence is a 2018 email highlighting concerns about a $40,000 check to President Biden, allegedly funded by Chinese money. This check appears to be part of a complex financial network involving initial funding of $5 million from Northern International Capital Holdings, an affiliate of CEFC China Energy linked to the Chinese government, and subsequent erratic payments to Hudson West III, Hunter Biden’s joint venture with a Chinese national, and Owasco PC. This complex trail of money from China, funneled through various entities, directly links to President Biden, raising serious legal and ethical flags.
Conclusion: Grave Implications and the Need for Immediate Action
The evidence presented paints a disturbing picture of President Joe Biden’s direct financial gain from Chinese sources, facilitated through his son’s business dealings. This situation is not just a political controversy but raises grave legal and ethical questions about the President’s conduct and the extent of foreign influence in his financial affairs. The American public deserves a full and transparent investigation into these alarming revelations to determine the legality of these transactions and the full scope of President Biden’s involvement.