OAN’s Brooke Mallory
3:12 PM – Wednesday, August 9, 2023
Representative James Comer, chairman of the House Oversight Committee, has released a third memo on Wednesday regarding the Biden family’s foreign business ventures, showing bank records that prove Hunter Biden and his business associates received millions from Russian and Kazakh oligarchs while his father was vice president.
The 19-page memo released on Wednesday included screenshots of redacted bank records, which purportedly show that millions of dollars were paid to the Bidens by Ukrainian energy company Burisma Holdings, Russian oligarch Yelena Baturina, and Kazakh oligarch Kenes Rakishev, and that then-Vice President Joe Biden met with Baturina, Rakishev, and another Burisma representative.
“Then-Vice President Biden met—in person, for significant periods of time—with those individuals or their representatives,” the memo stated. “Then-Vice President Biden joined approximately 20 phone calls on speakerphone with Hunter Biden’s foreign business associates and attended dinners with foreign oligarchs who paid huge sums of money to Hunter Biden. Joe Biden, ‘the brand,’ was the only product the Bidens sold.”
The “Third Bank Records Memorandum” comes on the heels of two previous memos from the Republican-led committee linking Biden family members to payments to business affiliates in China and Romania. According to the committee, foreign payments to the Biden family now total well over $20 million.
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine,” Comer (R-Ky.) said in a recent press release.
The third bank memo, which came about from subpoenas sent to various banks, explicitly examines three of several entities formed by Hunter Biden: Rosemont Seneca Partners, LLC, Rosemont Seneca Thornton, LLC, and Rosemont Seneca Bohai, LLC.
The committee also provided screenshots of bank records that they claim show Baturina, the widow of former Moscow Mayor Yury Luzhkov, wired $3.5 million to Rosemont Seneca Thornton on February 14th, 2014. Hunter Biden’s longtime business partner, Devon Archer, confirmed the payment during an interview last week.
Additionally, a whopping $2,752,711 was sent to Rosemont Seneca Bohai, the company that Hunter co-owned with Archer.
The document stated that Biden attended a dinner with Baturina, Hunter, and others at Café Milano in Washington, D.C., in the spring of 2014, which Archer’s testimony verified. Archer also stated during the congressional interview that former Kazakhstan Prime Minister Karim Massimov, Kazakh businessman Kenes Rakishev, and “possibly” Luzhkov were in attendance.
Massimov was sentenced to 18 years in prison earlier this year for his alleged participation in a coup attempt.
On April 16th, 2015, a year after the first dinner, Biden attended a second dinner at Café Milano with Hunter, Archer, and Vadym Pozharskyi, an executive of Ukrainian oil and gas company Burisma Holdings.
According to the memo, the records show that on April 22nd, 2014, Rakishev used his Singaporean entity, Novatus Holdings, to wire $142,300 to the same Rosemont Seneca Bohai bank account, and that the next day, the exact same amount was wired out to a car dealership in New Jersey for a “Fisker sports car” for Hunter.
During his interview, Archer also verified this payment.
Bank records showed that Hunter and Archer each received $83,333.33 from Burisma every month from 2014 to 2015, totaling $3,321,379.49.
“It appears no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden seems to have delivered,” Comer said. “This is made clear by meals at Café Milano, where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son.”
Comer stated that the committee will continue to seek witness evidence to ascertain if Biden’s son deliberately permitted his “brand” to be sold internationally.
However, a spokesperson for the minority staff on the committee claimed that the memo was “empty” and does not involve President Joe Biden specifically in any wrongdoing. They did not mention Hunter in their claims of innocence.
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