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Wednesday, October 4, 2023


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Government and PoliticsBiden Family Under Scrutiny: House Oversight Committee Reveals Foreign Financial Connections

Biden Family Under Scrutiny: House Oversight Committee Reveals Foreign Financial Connections

- House Oversight Committee Head James Comer Unveils Foreign Payments to Biden Family
- White House Denies Wrongdoing

Washington, D.C., United States (TEH) – In a recent report led by James Comer, the head of the US House of Representatives Oversight Committee, allegations have been unveiled that relatives and business associates of Joe Biden received millions from foreign entities, including Russia, during his vice presidency. The report, which was published on the Fox News website, has further fueled the political debate surrounding the Biden family’s business activities abroad.

The document provides screenshots of bank statements, highlighting millions of dollars being transferred to the bank accounts of the Biden family from countries such as China, Romania, Kazakhstan, Russia, and Ukraine. Comer has emphasized the lack of information about the services for which the Biden family and their partners received over $20 million from abroad.

Russian businesswoman Elena Baturina, the widow of former Moscow Mayor Yuri Luzhkov, has been named as one of the counterparties, reportedly transferring $3.5 million to Rosemont Seneca Thornton, described as a “shell” in the report.

Moreover, the Ukrainian oil and gas holding Burisma and the Kazakh oligarch Kenes Rakishev were also identified as foreign payers. Comer alleges that Joe Biden met with representatives of Burisma and Rakishev (including Rakishev himself).

Hunter Biden, son of the U.S. President, has received particular attention from the report’s authors. According to Comer, Hunter “used his father’s influence to obtain millions from the oligarchs from Kazakhstan, Russia, and Ukraine.”

These allegations have followed earlier accusations from the House Oversight Committee chairman against President Biden, claiming dishonesty about his connection with his son’s Ukrainian business.

The White House has promptly responded to these accusations, denying the validity of Archer’s testimony and emphasizing that there was no evidence of wrongdoing by the current president.

The allegations and investigation have drawn a sharp divide along partisan lines, with Republicans continuing to press for more in-depth probes into the Biden family’s dealings, while Democrats accuse the GOP of political maneuvering.

In mid-November 2022, Comer, along with fellow party member Jim Jordan, announced the opening of an investigation into the Bidens. This ongoing investigation aims to uncover whether the business activity of the presidential family poses a threat to national security.

Further revelations came in April 2023 when Comer spoke about the foreign lobbying activities of about a “dozen” of Biden’s relatives. He characterized their actions as “peddling in influence” and suggested that the dealings of President Hunter’s son and brother Frank were “just the tip of the iceberg.”

The Eastern Herald subsequently reported on how the White House admitted the financing of biological laboratories operating in Ukraine.

This report comes at a pivotal time for the Biden administration, with foreign policy, ethical questions, and political divisions being major topics in the national discourse. Whether these allegations lead to any legal consequences remains to be seen, but the political implications are already becoming apparent.

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Amanda Graham
Amanda Graham
News staff at The Eastern Herald. Writing and publishing news on the economy, politics, business, and current affairs from around the world.

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