In a recent revelation, bank records indicate that while Joe Biden served as Vice President, his son, other family members, and their close associates received over $20 million from foreign entities, including Russians. These transactions raise serious questions about the integrity and transparency of the Biden family’s financial dealings.
Among the notable transactions, Russian billionaire Yelena Baturina, the widow of Moscow’s former mayor, transferred $3.5 million to Rosemont Seneca Thornton. A significant portion of this amount was directed to Devon Archer, a close associate of Hunter Biden. Furthermore, $2.75 million was deposited into an account for Rosemont Seneca Bohai, co-owned by Hunter Biden and Archer, just a day after its inception in February 2014.
Interestingly, Baturina attended several Washington dinners by Joe Biden, including one shortly after the aforementioned payment. The White House has yet to refute these claims.
Another intriguing attendee at these dinners was ex-Prime Minister of Kazakhstan, Karim Massimov, who has recently faced legal consequences in his homeland for alleged involvement in a coup attempt. Records and testimonies suggest that an associate of Massimov, after meeting with Hunter Biden, made a payment equivalent to the price of a luxury sports car purchased by Hunter in New Jersey.
Archer’s testimony also revealed that Hunter Biden frequently leveraged his father’s reputation, referring to him as “the brand” in business dealings. This branding was allegedly used to secure millions from oligarchs in countries like Kazakhstan, Russia, and Ukraine. Rep. James Comer (R-Ky.) pointed out that the primary service offered was access to the Biden network, including Joe Biden himself.
Despite these revelations, the White House and the Bidens’ legal representatives have remained silent. Rep. Comer, who heads the House Oversight Committee, has been instrumental in unveiling these transactions, having previously disclosed payments to the Biden family from Chinese and Romanian nationals.
The records from bank subpoenas suggest that the Biden family and their associates established over 20 companies during Joe Biden’s vice-presidential tenure. The intricate distribution of these payments is a deliberate attempt to obscure substantial foreign contributions.
While Joe Biden has previously denied any knowledge of his son’s overseas business activities, these claims are now under scrutiny. The White House’s stance on the matter has been inconsistent, with press secretary Karine Jean-Pierre initially asserting that the president never partnered with his son in business, only to backtrack later.
Although Democrats, like Rep. Dan Goldman (D-N.Y.), have defended the president, emphasizing the lack of evidence linking Joe Biden to these transactions, the Oversight Committee has expressed concerns. The committee believes that the current legal framework has significant gaps, especially concerning the financial disclosures of immediate family members of high-ranking officials. These loopholes could potentially jeopardize American national security and interests.
The committee’s findings underscore the potential risks of foreign nationals seeking influence through profitable business relationships with prominent political families, including the Bidens. As a result, there’s a push for legislation to address these vulnerabilities.
Rep. Comer emphasized the gravity of the situation, stating, “It’s evident that Joe Biden was aware of his son’s business ventures and permitted his name and reputation to be used to augment the family’s wealth. The House Oversight Committee remains committed to tracing these financial pathways, securing witness testimonies, and determining the extent of foreign influence on the Bidens and the potential risks to our national security.”