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James Biden is predicted to testify within the impeachment inquiry in opposition to his older brother, President Biden behind closed doorways on Wednesday morning.
The president’s brother is ready to seem for a deposition earlier than the Home Oversight and Judiciary Committees Wednesday at 10 a.m.
JOE BIDEN RECEIVED $40K IN ‘LAUNDERED CHINA MONEY’ FROM BROTHER IN 2017, COMER SAYS
James Biden, additionally known as Jim Biden, had been subpoenaed in November to seem for a deposition as a part of the impeachment inquiry — previous to it being formalized by the total Home.
James Biden, brother of US President Joe Biden, was given a $600,000 from Americore in alternate for guarantees that he might ship on funding from the Center East, an organization consultant stated. (AP)
James Biden was concerned within the Biden household enterprise ventures along with his nephew, Hunter Biden.
To date, in the course of the investigation, Home Oversight Committee Chairman James Comer stated he has discovered that Biden relations, their enterprise associates and their “associated firms” acquired “important funds from people and firms in China, Russia, Ukraine, Kazakhstan and Romania.”
Comer stated the committee has realized all through its investigation that the Biden household and their enterprise associates introduced in additional than $24 million between 2014 and 2019 by “promoting Joe Biden as ‘the model’ around the globe.”
James Biden is predicted to be questioned on whether or not Joe Biden was concerned within the household’s international enterprise ventures.
James Biden can also be anticipated to be questioned on “mortgage compensation” checks — one for $200,000 and one other for $40,000 — that he wrote to the president.
JAMES BIDEN GIVEN LOAN, DIDN’T PROVIDE SERVICES TO AMERICORE DESPITE PROMISES TO USE LAST NAME, TRUSTEE SAYS
Comer stated his panel had uncovered proof that the president, in 2018, acquired a “$200,000 direct cost” within the type of a “private verify” from James Biden and Sara Biden. That verify was labeled “mortgage compensation.”
Comer stated that James Biden “acquired $600,000 in loans from Americore — a financially distressed and failing rural hospital operator.”
“On March 1, 2018, Americore wired a $200,000 mortgage into James and Sara Biden’s private checking account — not their enterprise checking account,” he continued. “After which, on the exact same day, James Biden wrote a $200,000 verify from this similar private checking account to Joe Biden.”
President Joe Biden speaks in the course of the United Auto Employees union convention on the Marriott Marquis in Washington, DC, on January 24, 2024. (SAUL LOEB/AFP by way of Getty Pictures)
Comer stated James Biden “wrote this verify to Joe Biden as a ‘mortgage compensation.’”
“Americore — a distressed firm — loaned cash to James Biden, who then despatched it to Joe Biden,” Comer stated.
The White Home stated the committee discovered that as a non-public citizen, the president loaned his brother his personal cash when his brother wanted it, and after reviewing financial institution data, there’s a report that he was repaid.
Comer additionally stated the president acquired one other $40,000 “mortgage compensation” from James Biden, which the chairman described as “laundered China cash.”
COMER RAISES QUESTIONS ABOUT $200K ‘DIRECT PAYMENT’ FROM JAMES BIDEN TO JOE BIDEN IN 2018
Comer stated the “cash path” started in July 2017 when Hunter Biden demanded a $10 million cost from a CEFC affiliate. In a WhatsApp message, he claimed “he was sitting along with his father and that the Biden community would activate his affiliate if he didn’t pony up the cash,” Comer defined.
Hunter Biden within the WhatsApp message allegedly informed a Chinese language enterprise affiliate from Chinese language vitality firm CEFC that he and his father would guarantee “you’ll remorse not following my course.”
Hunter requested the $10 million wire for his joint-venture with CEFC referred to as SinoHawk Holdings.
US President Joe Biden sits within the golf cart whereas {golfing} at Joint Base Andrews in Maryland on June 4, 2023. Biden is {golfing} along with his brother James Biden. (JIM WATSON/AFP by way of Getty Pictures)
“I’m sitting right here with my father, and we want to perceive why the dedication made has not been fulfilled,” Hunter Biden informed Henry Zhao, the director of Chinese language asset administration agency Harvest Fund Administration. “And, Z, if I get a name or textual content from anybody concerned on this aside from you, Zhang or the chairman, I’ll make sure that between the person sitting subsequent to me and each particular person he is aware of and my capability to perpetually maintain a grudge that you’ll remorse not following my course.”
Zhao responded, partially, “CEFC is keen to cooperate with the household.”
Comer, citing financial institution data he and his committee have obtained, stated that on Aug. 8, 2017, the $5 million in funds have been despatched to Hudson West III, a joint-venture established by Hunter Biden and CEFC affiliate Gongwen Dong. The identical day, Hudson West III despatched $400,000 to Owasco, P.C.— a separate entity managed and owned by Hunter Biden, Comer stated.
BIDEN MET WITH CHAIRMAN OF CHINESE ENERGY FIRM HUNTER DID BUSINESS WITH IN 2017, EX-ASSOCIATE TESTIFIES
Days later, on Aug. 14, 2017, Hunter Biden wired $150,000 to Lion Corridor Group, an organization owned by James Biden and his spouse Sara Biden. By Aug. 28, 2017, Comer stated Sara Biden withdrew $50,000 in money from Lion Corridor Group and later deposited it into her and James Biden’s private checking account.
Chairman James Comer, R-Ky., arrives for the Home Oversight and Accountability Committee listening to titled “Unsuitable Litigation: Oversight of Third-Occasion Litigation Funding” in Rayburn Constructing on Wednesday, September 13, 2023. (Tom Williams/CQ-Roll Name, Inc by way of Getty Pictures)
“A couple of days later, Sara Biden reduce a verify to Joe Biden for $40,000,” Comer stated, referring to the Sept. 3, 2017, verify his committee obtained. “The memo line of the verify stated, ‘mortgage compensation.’”
James Biden’s anticipated testimony comes days after his former enterprise affiliate Tony Bobulinski testified earlier than the committee, telling congressional investigators that Joe Biden was concerned within the household’s enterprise ventures, and testifying that he personally met with him.
Days earlier than Bobulinski’s testimony, one other former enterprise affiliate, Rob Walker, testified that Joe Biden met with the chairman of the Chinese language vitality agency his brother and son did enterprise with.
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After Walker’s testimony, the Home Oversight Committee stated it was in a position to “now verify Joe Biden met with almost each international nationwide who funneled cash to his son.”
In the meantime, the president, final week, referred to as for the Home impeachment inquiry to be dropped, calling it “an outrageous effort from the start.”
Brooke Singman is a political correspondent and reporter for Fox Information Digital, Fox Information Channel and FOX Enterprise.
James Biden to testify in brother’s impeachment inquiry behind closed doorways
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