Bank Record: Hunter Biden Used Business Account To Pay Joe Biden In 2018

11 months ago
29

House Oversight Committee Chairman James Comer (R-KY) released bank records showing that Hunter Biden’s company, Owasco PC, transferred money to President Joe Biden in 2018. Owasco PC was an entity Hunter Biden used to handle income he received from his foreign business deals. For example, some of the money he earned from working with the Ukrainian energy company Burisma would flow to his Owasco account, as would payments from Hunter Biden’s work with a Romanian oligarch. According to a bank statement released Monday by Comer and the committee, the Owasco entity transferred $1,380 to Joe Biden on Sept. 17, 2018. According to the ACH Authorization Agreement, a form used for setting up direct deposits, the payments would be made “monthly” starting Sept. 15, 2018, though the committee only released a document showing the singular payment that went through on Sept. 17.

An email found on Hunter Biden's abandoned laptop suggests Hunter Biden had listed the $1,380 payments to his father as reimbursements for a Ford Raptor truck. An Oversight Committee aide said the committee is aware of at least three monthly payments in the same amount made to Joe Biden: the one on Sept. 17, another on Oct. 15, 2018, and another on Nov. 15, 2018. “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,” Comer said. “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.”

The Oversight Committee Republicans said the bank records were significant because they featured transactions involving Owasco, Hunter Biden’s primary business entity at the time, and did not appear to involve Hunter Biden’s personal bank account. Joe Biden had for years claimed to maintain a firewall between his son's foreign business dealings and his own affairs, but documents released over the past several months by the House Oversight Committee suggest Joe Biden's personal finances were more closely intertwined with his son and brother than previously known.

• More at: Washington Examiner - Hunter Biden used business account to pay Joe Biden in 2018: Bank record
https://www.washingtonexaminer.com/news/house/hunter-biden-business-account-pay-joe-biden-2018

Loading comments...