Comer: Biden Took 40k In Laundered Chinese Cash

The impeachment train gained momentum Wednesday when fresh evidence of more financial wrongdoing by President Joe Biden was revealed by the House Oversight Committee.

The Republican-led body released a memo detailing Biden’s receiving $40,000 in “laundered” money. The funds originated from CEFC China Energy, an entity linked with the Communist Chinese government.

The transfer of money came in 2017 from first brother James Biden and his wife Sara. The transaction was allegedly part of the same infamous deal in which the future president was termed the “big guy” and set to receive 10% of the deal.

GOP leaders contend it is the first concrete proof of Biden directly benefiting financially from his family’s international dealings.

The memo laid out how the $40,000 wove through a “complicated financial transaction.” This followed by mere weeks the widely reported text message from Hunter Biden that indicated that his father would be furious if demands were not met.

Oversight Committee Chairman James Comer (R-KY) posted a video detailing the disclosure on X, formerly known as Twitter.

He asked, “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.”

The massive personal check from his brother was described as a loan repayment. Comer noted that even if this turns out to be true, “it still shows how Joe benefited from his family cashing in on his name — with money from China no less.”

According to the New York Post, bank records released by Comer thus far in 2023 indicate that CEFC funneled at least $6.1 million in 2017 and 2018 to the Biden family.

Approximately $1 million of that staggering total came just after Biden left the vice presidency in March 2017. The rest followed closely after Hunter Biden’s threat to anger his father.

The Committee reported that a $5 million wire was sent in Aug. 2017 to Hudson West III. This was reportedly a joint venture between Hunter Biden and a CEFC associate.

Later that day, $400,000 was forwarded to Owasco, P.C., a company owned by Hunter Biden. On Aug. 28, Sara Biden withdrew $50,000 in cash and then deposited it into an account owned by James Biden and herself.

Six days later, the $40,000 check was written to Joe Biden for a “loan repayment.”

Exactly 10% of the $400,000 that went to Owasco.