Joe Biden has repeatedly claimed that his family didn’t make any money from dealings with Communist China.
But now an alarming connection is being uncovered by House Republicans.
And Congressman James Comer just dropped a major bombshell about Communist China that had Joe Biden shaking in his shoes.
President Joe Biden has flatly denied that anyone in his family received money from Communist China during the 2020 Presidential election.
But now his direct connection to dirty Communist Chinese money is being exposed by the House Oversight Committee’s investigation into Biden family business dealings.
And it’s not just the Biden family that apparently made money from Communist China.
Congressman James Comer (R-KY), the House Oversight Committee Chairman, recently said that bank records show that the President himself received $40,000 in money laundered from Communist China.
Comer said that the money came from Northern International Capital, a Communist Chinese company linked to CEFC China Energy.
Before it collapsed in a massive bribery scandal, CEFC was the very energy company connected to the Chinese Communist Party (CCP) that did business with Hunter Biden.
The cash was funneled through a series of shell companies linked to Hunter Biden before it landed in the bank account of James Biden, the President’s younger brother.
James Biden then sent his brother Joe a $40,000 payment that was disguised as a “loan repayment.”
“Remember when Joe Biden told the American people that his son didn’t make money in China?” Comer said in a video. “Well, not only did he lie about his son Hunter making money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden’s bank account in the form of a personal check. And the Oversight Committee has it.”
The Oversight Committee revealed that $5 million was sent from Northern International Capital to Hudson West III, a company created by Hunter Biden and a Communist Chinese executive with CEFC.
Hudson West III then sent $400,000 to a company connected to Hunter Biden on August 8, 2017.
Several days later, $150,000 was sent from the Hunter-connected company to the Lion Hall Group, a company associated with James Biden.
On August 28, 2017, Sara Biden, James Biden’s wife, withdrew $50,000 from the Lion Hall Group and deposited it in the personal checking account she shared with her husband.
Less than a week later she wrote Joe Biden a check for $40,000.
“It’s certainly plausible that this payment where James and Sara used funds from China was indeed a loan repayment to Joe. But even if this $40,000 check was a loan repayment from James Biden, it still shows how Joe benefited from his family cashing in on his name – with money from China no less,” Comer said.
Comer also pointed out that money flowed into Hunter Biden’s account just days after he dropped his father’s name in a WhatsApp chat with a CEFC business partner.
Hunter threatened his CEFC business partner on WhatsApp by mentioning his famous father’s name.
The evidence is now clear, Joe Biden received dirty money tainted by the Communist Chinese Party.
And that means he flat out lied to the American people.
Political Animal News will keep you up-to-date on any new developments in this ongoing story.