Bank Records Reveal China-Linked Money Wires To Biden Family

During an appearance on Fox News, the Chairman of the House Oversight Committee, Rep. James Comer (R-KY), provided an update on the committee’s investigation into the Biden family’s alleged influence peddling and business schemes.

Comer shared that the Committee has discovered suspicious cash flows to members of the Biden family from individuals connected to the Chinese Communist Party and that former business associates of Hunter Biden have started cooperating with the investigation.

Chairman Comer revealed that bank records recently obtained by the committee showed that a Chinese energy company wired $3 million to a company owned by a Biden associate just two months after Joe Biden left the vice presidency. Shortly thereafter, hundreds of thousands of dollars were paid out to members of the Biden family.

During the interview, Comer also disclosed that the U.S. Treasury has granted access to the suspicious activity reports (SARs) related to the Biden family’s and their associates’ foreign or high-dollar business transactions, after a year of being denied access.

“We have in hand documents that show just exactly how the Biden family was getting money from the Chinese Communist Party,” Comer told Fox News. “And I will tell you, it’s as bad as we thought. It’s very concerning.”

Comer stated, “I issued a subpoena to a bank for records of three former associates of Hunter Biden two weeks ago. Rob Walker was one of those associates.”

“We got his account. We confirmed that that account two months after Joe Biden left the office of vice president received a $3 million wire from two individuals directly associated with the Chinese Communist Party.”

“The very next day after that wire was received, the Walker account started transferring money into three different Biden family members’ accounts, including a new Biden family member that’s never before been identified as someone being involved in the influence-peddling scheme,” reported Comer.

“So, this is very serious information that we’ve received. Very troubling information. It does show a pattern that the Biden family was receiving money directly from China, and the question I have is what were they doing in return for that money? This is just one account; there are many more accounts and many more associates.”

According to Comer, whistleblowers have come forward to assist the committee in identifying accounts to investigate. He also mentioned that Kathy Chung, a former executive assistant of Joe Biden, is among those who are voluntarily cooperating with the committee.

“The American people must know the extent of Joe Biden’s involvement in his family’s shady business deals and if these deals threaten national security and his decision-making as president. This investigation is a top priority for House Republicans during the 118th Congress,” said Comer.