The son of former Vice President Joe Biden engaged in millions of dollars in “questionable financial transactions” with associates and foreign individuals, including the wife of the former mayor of Moscow and people with ties to the Chinese Communist Party, according to a new congressional report.
Hunter Biden’s dealings raise conflict of interest concerns as well as concerns about crimes, counterintelligence, and extortion, according to the joint report from the Senate Homeland Security and Governmental Affairs Committee and Finance Committees.
“The records acquired by the committees show consistent, significant, and extensive financial connections among and between Hunter Biden, James Biden, Sara Biden, Devon Archer, and Chinese nationals connected to the communist regime and PLA [People’s Liberation Army] as well as other foreign nationals with questionable backgrounds,” according to the report, which was released Wednesday.
James Biden is Joe Biden’s brother; Sara Biden is James’s wife; and Archer is one of Hunter Biden’s business partners.
Biden was vice president until 2016. He is now the Democratic presidential nominee.ng-Pool/Getty Images)
Finance Chairman Chuck Grassley (R-Iowa) and Homeland Security Chairman Ron Johnson (R-Wis.) headed the investigation.
Key findings included learning that George Kent, a former deputy chief of mission at the U.S. Embassy in Kyiv, Ukraine, raised concerns to officials in Joe Biden’s office in early 2015 about the perception of a conflict of interest in Hunter Biden being on the board of Burisma, a Ukrainian company.
“The presence of Hunter Biden on the Burisma board was very awkward for all U.S. officials pushing an anticorruption agenda in Ukraine,” Kent wrote in an email the next year to colleagues.
The concerns were not addressed, according to the report.
In October 2015, State Department official Amos Hochstein raised concerns with Vice President Biden and Hunter Biden that the Burisma position enabled Russian disinformation efforts
According to the Daily Caller's Chuck Ross, suspicious financial transactions between Hunter Biden's firms and foreign nationals from Russia and China - including a CCP-linked Chinese businessman, raised serious concerns. What's more, Hunter's seat on the board of Ukrainian energy giant Burisma while his father served as the Obama administration point-man for Ukraine, worried State Department officials in 2015 and 2016.
One official, Amos Hochstein, told the Senate Homeland Security and Senate Finance committees that he said to then-Vice President Joe Biden in October 2015 that Hunter Biden’s position on the board of Burisma “enabled Russian disinformation efforts and risked undermining U.S. policy in Ukraine.”
Hunter Biden, now 50, joined Burisma’s board of directors in April 2014, shortly after his father, Joe Biden, took over as the Obama administration’s chief liaison to Ukraine. -Daily Caller
As Ross notes, while the report does not produce direct evidence of wrongdoing by Hunter Biden, Republicans say the evidence paints a troubling picture of Biden receiving "millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after."
And as
Just The News' John Solomon writes, "Perhaps the most explosive revelation was that
the U.S. Treasury Department flagged payments collected overseas by Hunter Biden and business partner Devon Archer for possible illicit activities."
The so-called Suspicious Activity Reports flagged millions of dollars in transactions from the Ukrainian gas company Burisma Holdings, a Russian oligarch named Yelena Baturina, and Chinese businessmen with ties to Beijing's communist government, the report said. Senate investigators have yet to determine if the FBI or others investigated the concerns. -Just The News
"The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals," reads the 87-page report. Other transactions involving Biden-controlled firms were flagged for "potential criminal financial activity," including wire transfers to Hunter's Uncle, James Biden.
The report focuses on millions of dollars in wire payments that Hunter Biden’s firms received from Ye Jianming, the founder of CEFC China Energy Co., and Gongwen Dong, a U.S.-based associate of Ye’s.
According to Republicans, Ye has “extensive” connections to the Chinese government.
The Senate report says that on Aug. 4, 2017, a subsidiary of Ye’s company called CEFC Infrastructure Investment (US) LLC, wired $100,000 to Owasco, the Biden law firm.
A month later, on Sept. 8, 2017, Hunter Biden and Gongwen Dong applied for a $100,000 line of credit under a shell company they formed called Hudson West III LLC, according to the Senate report.
Biden, his uncle James, and James’s wife, Sara Biden, accessed the account through credit cards, and spent $101,291 on what Republicans call “extravagant items,” including plane tickets, hotels, restaurants and items at Apple stores. -Daily Caller
Meanwhile, according to US government records cited in the report, concerns were raised over potential ties to sex and human trafficking rings.
Hunter Biden will be the Sec. of Treasury in the Biden Administration and the Commerce Sec will be Chairman Xi...😀
