Members of the Biden family may have accepted more than $40 million from foreigners in exchange for making favorable policy decisions, the House Oversight Committee chairman claimed.
“This was organized crime — there’s no other way to define it,” Republican James Comer of Kentucky claimed in an interview on the Cats & Cosby Show on WABC 770 on Wednesday.
He said the committee had identified “six specific policy decisions” where President Joe Biden acted and where the committee “cannot come to a conclusion” other than that the president was “compromised.”
Comer said he was confident his investigation would find evidence of “at least $17 million” in foreign payments, but would not be surprised if “transactions exceed $40 million.”
The chairman of the oversight committee also said his panel had obtained further bank statements and reports of suspicious activity from the Treasury Department over the past week that showed “more bank accounts, more shell companies and more Bidens” involved in an alleged policy pedal.
Chairman House Oversight Committee Rep. James Comer (R-KY) addresses reporters at the US Capitol Building, Washington DC, June 20
President Joe Biden gestures as he arrives at the White House on Wednesday
“We found 19 empty companies that the Bidens had,” Comer said. The sole purpose of those shell companies turned out to be to launder money from those foreigners for at least nine different Biden family members.
“Now we have received more bank statements from more banks in the past five days. When we accessed the reports of suspicious activity at the Treasury, we found more bank accounts, more shell companies, and more Bidens.
The chairman added: “We are continuing to go through these bank statements and try to find out how much money the Bidens took and what role Joe Biden played in this.”
In a scathing attack on the president’s possible violation of ethical standards, Comer said, “We have six specific policy decisions — four of which were made when Joe Biden was president early on — that we can’t come to any other conclusion as to why these decisions have been taken, except that this president has been compromised.”
Comer said it was “an organized effort by the Biden family to hide the source of the money going to these shell companies and to divert it from the IRS so they don’t have to pay taxes on it.”
He concluded that this was “exactly what the IRS whistleblowers claimed in the transcribed interview with the Ways and Means Committee: that the Biden family never paid money for any of these telegrams that came into these shell companies.”
On Wednesday, IRS whistleblower Gary Shapley alleged that Hunter Biden was receiving preferential treatment and that he was repeatedly prevented from taking necessary — and routine — steps on Hunter’s case.
“There were certain investigative steps we were not allowed to take that could have led us to President Biden,” Shapley told CBS News Tuesday.
Joe Biden, with son Hunter Biden, arrives at Hancock Field Air National Guard Base in Syracuse, New York, on Feb. 4
Joe Biden delivers a speech on economic policy — dubbed ‘Bidenomics’ — Wednesday at the Old Post Office in Chicago, Illinois
Shapley, a former regulator, said the IRS “had to take [those steps] and we weren’t allowed to take them with us.’
He added that conduct uncovered during the five-year investigation — which led to Hunter pleading guilty to two tax returns — could have involved President Joe Biden, and resulted in additional charges, and claimed that the roadblocks had been set even during the Trump years took place. .
“There were certain investigative steps we were not allowed to take that could have led us to President Biden,” Shapley said, adding that his team at the IRS “had to take [those steps] and we weren’t allowed to take them with us.’
Shapley, who worked for the agency for 14 years, helped oversee the investigation of the president’s son and raises questions about the alleged special treatment throughout the investigation.
Continuing his interview on Wednesday, Comer said he was “confident” the commission’s investigation would prove the Biden family was raking in “at least $17 million” from foreign payments.
But he added that “the transactions could exceed $40 million.” However, he said many of these shell companies have other owners. He said this allows them to “hide or disguise the income from the IRS or the federal authorities or whoever.”
As part of their investigation, Comer’s panel has so far identified nine members of the Biden family who allegedly received foreign payments. This includes Hunter Biden, the president’s son and his wife, Melissa Cohen Biden, and ex-wife, Kathleen Buhle. James Biden, brother of the president, and wife Sara Biden; the widow of the president’s late son, Beau Biden, Hallie Biden, also allegedly received money from Comer.
The president’s son was staying at the boarding house of Biden’s Delaware home when he wrote a letter to Communist Party official Henry Zhao on July 30, 2017, revealing that his father was sitting next to him and asking “why the promise made was not fulfilled’.
It comes after Biden twice denied on Wednesday that he had anything to do with his son’s “shakedown text,” revealing Hunter was willing to use his father’s influence to pressure a Chinese business partner to get him to pay.
Hunter told Communist Party official Henry Zhao in a WhatsApp message on July 30, 2017, that he was “sitting with his father,” adding, “and we would like to know why the agreement that was made has not been fulfilled.”
Hunter was known to be staying at the boarding house of President Biden’s residence in Wilmington, Delaware at the time.
On the South Lawn Wednesday, as he left for Chicago, the president was asked how involved he was in his son’s Chinese shakedown texting — and whether he was sitting next to Hunter, as the message said.
“No, I wasn’t and I-,” he said, pausing. When pressed again, he said loudly, “No!”
The existence of the message prolongs the drama surrounding the president’s son as the 80-year-old Biden begins campaigning in earnest for a second term.
Last week, Hunter agreed to a plea deal with the U.S. attorney in Delaware, pleading guilty to two felony tax charges and likely entering probation on a gun charge.