Wednesday morning Oversight Committee Chairman James Comer (R-KY) announced that the Biden family has received over $20 million from Russia, Ukraine, and Kazakhstan.
Wendell Husebo shared on X/Twitter:
“BREAKING:🚨The Biden family business received over $20 million from Russia, Ukraine, and Kazakhstan while Joe Biden was vice president, @JamesComer announces”
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine,” @JamesComer said in a press release. “It appears no real services were provided other than access to the Biden network, including Joe Biden himself.”
Comer said Joe Biden is implicated in the payments due to his personal relationship with the family’s business associates.
“This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son,” Comer said. “It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States.”
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine,” @JamesComer said in a press release. “It appears no real services were provided other than access to the Biden network, including Joe…
— Wendell Husebø (@WendellHusebo) August 9, 2023
The memorandum released by Comer details payments made from foreign sources to the Biden family as well as their business associates.
The memorandum summarized what was found in the bank records which can be seen below:
- The Committee has now identified over $20 million in payments from foreign sources to the Biden family and their business associates.
- Using accounts nominally tied to Devon Archer (but using the familiar “Rosemont Seneca” branding), Hunter Biden received incremental payments originating from foreign sources, attempting to hide the source and size of the payments.
- Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company. Approximately $1 million was transferred to Devon Archer, and the remainder was used to initially fund a new company account, Rosemont Seneca Bohai, which Devon Archer and Hunter Biden used to receive other foreign wires.
- Burisma Holdings’ (Burisma) corporate secretary, Vadym Pozharsky, worked on behalf of the Ukrainian oligarch and owner of Burisma, Mykola Zlochevsky. Hunter Biden was initially hired by Burisma to work as counsel for the company, and Pozharsky and Zlochevsky met with Hunter Biden at a conference in Lake Como in Italy where they decided Hunter Biden would work on the board of directors with Devon Archer. Then-Vice President Joe Biden visited Ukraine soon after their first payments. Payments from Burisma for both Devon Archer and Hunter Biden were wired to Rosemont Seneca Bohai. Payments were transmitted in incremental amounts to Hunter Biden’s different bank accounts.
- In February 2014, Hunter Biden met with Kenes Rakishev at a Washington, D.C. hotel. Rakishev worked closely with the prime minister of Kazakhstan, Karim Massimov. In April, Rakishev, a Kazakhstani oligarch, wired $142,300 to Rosemont Seneca Bohai. The next day, a payment was made from Rosemont Seneca Bohai for a sportscar 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 among Burisma, a Chinese state-owned company, and the government of Kazakhstan.
This is the third bank records memorandum that has been released by the Oversight Committee. The first was released in March and the second in May. It seems they have found even more “dirt” on the Biden family.
This begs the question, what now, will the committee continue to investigate, refer for impeachment? What will be the next steps remains to be seen. The hints of an impeachment have been dropped but no real action has taken place on that front.
You can see the full memorandum here.