Joe Biden received a $40,000 check in 2017 that originated from a deal between Hunter Biden and a Chinese energy company, according to testimony from Joe’s brother James Biden to the House impeachment inquiry.
James maintained the check was a loan repayment, while investigators noted his account lacked sufficient funds at the time.
An investigator asked James Biden, “Where did you believe the source of the money that was going into Owasco, prior to being sent to you, was coming from?”
“CEFC,” said James.
Bank records show the money came from entities that had received funds from the Chinese company just days prior.
While Hunter denied Joe received any money from the China deal, James admitted the source of funds transferring to him before the check to Joe came from the Chinese energy company.
House Oversight Committee Chairman James Comer said, “Remember when Joe Biden told the American people that his son didn’t make money in China?”
“Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check,” he continued.
“Even if this $40,000 check was a loan repayment from James Biden, it still shows how Joe benefited from his family cashing in on his name … with money from China no less,” said Comer.
The House Oversight Committee chair accused Joe of lying about not benefitting financially from his family’s foreign business dealings, as the money to Joe came indirectly from China.
Hunter and James are witnesses in the impeachment inquiry regarding Joe’s denials of involvement in the family business ventures.
