Biden got recurring $1,380 payments from Hunter firm in 2018
WASHINGTON — President Biden received a recurring payment of $1,380 from his son Hunter’s law firm beginning in late 2018 shortly after a bank money laundering officer warned that the same account was receiving millions of dollars in Chinese government-linked funds without “any services rendered.”
A bank order shows that Owasco PC set up a “monthly” transfer to then-former Vice President Joseph R. Biden Jr., with a voided check for the future president included in the documentation, which was released Monday by the House Oversight Committee.
A source told The Post that at least three recurring payments were made — on Sept. 17, Oct. 15 and Nov. 15, 2018 — totaling $4,140 to the elder Biden from Owasco PC as part of the order.
“President Biden and his family must be held accountable for this blatant corruption,” Oversight Committee chairman James Comer (R-Ky.) said in a video release.
“Today, the House Oversight Committee is releasing subpoenaed bank records that show Hunter Biden’s business entity, Owasco PC, made direct monthly payments to Joe Biden. This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” Comer said.
“At this moment, Hunter Biden is under an investigation by the Department of Justice for using Owasco PC for tax evasion and other serious crimes. And based on whistleblower testimony, we know the Justice Department made a concerted effort to prevent investigators from asking questions about Joe Biden. I wonder why?”
The evidence emerged as House Republicans prepare to question first brother James Biden on Wednesday and Hunter next week about the president’s role in his family’s dealings in countries such as China and Ukraine — with a possible floor vote to authorize the ongoing impeachment inquiry this month.
The precise provenance of the funds and purpose of the payments to Joe Biden are unclear — and additional records show that Hunter Biden was knee-deep in two of his most controversial business relationships at the time, with Ukraine’s Burisma Holdings and CEFC China Energy.
While a presidential candidate, Joe Biden denied that he ever discussed business with his relatives, but evidence has since shown that met with his relatives’ associates from both the Burisma and CEFC ventures.
Documents from the first son’s abandoned laptop show that Burisma board adviser Vadym Pozharskyi sought “bank reference” information on Sept. 14, 2018 — one day before the initial transfer to Joe Biden was sought. However, the transaction was not executed for another two days, apparently due to a later-than-expected form submission.
Joe Biden met Pozharskyi at an April 17, 2015, dinner at DC’s Café Milano. An unproven FBI informant tip said that Burisma owner Mykola Zlochevsky claimed in 2016 he was “coerced” into paying $10 million in bribes to the Bidens for their assistance in ousting prosecutor Viktor Shokin.
Hunter also was on the tail end of disbursing millions of dollars received from CEFC China Energy — one of two major Biden family dealings with Chinese government-linked firms.
On June 26, 2018 — less than three months before Joe Biden began to receive the monthly transfers — an internal Bank Secrecy Act expert warned colleagues that the institution should reconsider its relationship with Hunter as a result of Owasco PC seeming to receive Chinese funds without “any services rendered.”
CEFC transferred $5 million to another Biden family-linked entity, Hudson West III, in August 2017 after Hunter warned a China-based associate of his father’s wrath if a business deal was aborted. Much of the large transfer later went to Hunter’s Owasco PC.
The White House did not immediately respond to a request for comment.
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