Evidence suggests that Joe Biden received a $40,000 “loan repayment” from his brother’s account, with indications that the money may have originated from a Chinese company. House Oversight and Accountability Committee Chair James Comer, R-Ky, recently released records that raise questions about the source of these funds and their connection to China.
The money trail begins in July 2017 when Hunter Biden, the president’s son, demanded a $10 million payment from Raymond Zhao, an associate with ties to the Chinese Communist Party and CEFC China Energy, which has since gone bankrupt.
In August 2017, Northern International Capital, a Chinese company linked to CEFC, transferred $5 million to a company owned by Hunter Biden. Subsequently, Hunter Biden wired $150,000 to Lion Hall Group, a company owned by Joe Biden’s brother, James Biden, and James’s wife, Sara Biden. A few days later, Sara Biden withdrew $50,000 in cash from Lion Hall Group and deposited the same amount into her and James Biden’s personal account. In the following week, Sara Biden issued a $40,000 check to Joe Biden, marking it as a “loan repayment.”
While it’s plausible that the $40,000 check may indeed represent a loan repayment from James and Sara Biden, the source of these funds, possibly connected to China, raises concerns about the potential influence of foreign entities on the Biden family.
This revelation isn’t isolated, as Comer previously released records showing that in 2018, James and Sara Biden wrote a personal check for $200,000 marked as a “loan repayment” to Joe Biden. The source of these funds also warrants scrutiny, especially given the timing and the potential implications of foreign influence. While these records have been reviewed by various parties, questions remain about the nature of these transactions and their possible implications.
While the full context and implications of these financial transactions remain to be seen, it is clear that further scrutiny and transparency are necessary to address any potential ethical or legal issues. The American people deserve answers, and it’s incumbent upon those in leadership positions to provide them.
