Bank Records Show Foreign Payments to Hunter Biden and Associates

( – Rep. James Comer (R-KY), the House Oversight Committee Chair, released the third bank memorandum from the committee on August 9, showing the Biden family’s dealing with specific foreign companies and individuals based in Kazakhstan, Russia, and Ukraine. According to committee leadership, records subpoenaed from six banks detail payments made to Hunter Biden and his business associates.

The committee found payments totaling more than $20 million from foreign sources went to the Biden family or their business associates, including a transfer of $3.5 million from oligarch Yelena Baturina, the widow of Moscow Mayor Yury Luzhkov, to Rosemount Seneca Thornton, one of the shell companies in which Hunter Biden owned an interest with friend and business partner Devon Archer.

Records indicate Archer kept $1 million of Baturina’s payment, and the company transferred the balance to another shell company, Rosemount Seneca Bohai, which Archer and Biden used to facilitate payments from other foreign sources.

For example, Kenes Rakishev, an oligarch from Kazakhstan, wired the exact amount for purchasing a sports car, $142,300, to Rosemount Seneca Bohai in April 2014. The company purchased the sportscar in Biden’s name the following day. A month later, Biden and Archer arranged for Burisma officials to visit Kazakhstan, coordinating with a Chinese-owned company, to negotiate a lucrative deal benefitting the Kazakhstani government.

In a press release accompanying the memo’s release, Comer noted that Hunter Biden appeared to have sold the illusion of access to “the brand” in the form of access to Joe Biden, who was then-vice president under former President Barack Obama. However, the chair also said the committee found “no real services were provided other than access to the Biden network.”

Democrats have pointed out that although Joe Biden joined his son for dinners that included business associates, including oligarchs, Archer testified that the senior Biden never talked about business during those encounters or phone calls to his son during Burisma meetings while Archer was present.

~Here’s to Our Liberty!

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