Republicans are digging in on over $10 million received by Biden family members from foreign actors, including previously undisclosed $1 million in Romanian-linked payments, and a ‘web’ of 20 companies created while President Joe Biden was vice president and pushing anti-corruption efforts abroad.
On Wednesday, House Oversight Committee Republicans led by Chairman James Comer, R-Ky., released a ‘Second Records Memorandum’ that expands on information it received from subpoena returns as the committee continues its investigation into the Biden family’s business practices.
The memo specifically outlines the Biden family’s ties to Romanian ‘influence peddling’ and a web of LLCs created while Biden was vice president. It also accuses President Biden for a ‘lack of transparency’ regarding his family’s receipt of funds from China, which he has said are ‘not true.’
It details the efforts by the family to hide, conceal and confuse sources of money – including more China money, according to a committee aide.
‘The White House refuses to correct the president’s statement. The president is now using the federal government to run interference for his family and his own role in these schemes,’ said Comer during a press conference announcing the memo Wednesday.
During Biden’s time as vice president, there were 20 companies affiliated with certain Biden family members created intentionally with a ‘complicated corporate structure’ the memo states.
Hunter Biden and his associates, including Rob Walker, formed ‘at least 15’ of those companies, after Biden took the office of the vice president in 2009.
Several of those entities including Owasco P.C. – which Hunter owned – Hudson West III, LLC, Robinson Walker, LLC, and Rosemont Seneca Bohai, LLC, accepted funds from foreign companies ranging from $5,000 to $3 million, the committee says.
During Biden’s time as vice president, there were 20 companies affiliated with certain Biden family members created intentionally with a ‘complicated corporate structure’ the memo states.
The Romanian transactions outlined in the bank records released by the committee were from Cypriot – a company controlled by Gabriel Popoviciu, who was at the time under investigation for criminal corruption in Romania and later convicted for bribery-related offenses.
This specifically is ‘evidence of influence peddling and a correlation between Biden family and their business associates’ work, allege the Republicans who point to multiple anti-corruption speeches and meetings with Romanian leaders then-Vice President Biden engaged in between 2014 and 2015.
Biden, pictured in 2014, condemned corruption during a speech in Romania before his family allegedly received a $ 1 million payment from a real estate tycoon convicted of bribery. (Credit: The Associated Press)
The Romanian transactions outlined in the bank records released by the committee were from Cypriot – a company controlled by Gabriel Popoviciu, who was at the time under investigation for criminal corruption in Romania and later convicted for bribery-related offenses.
Between 2015 and 2017, Robinson Walker, LLC received $3 million from Bladon Enterprises Limited – Popoviciu’s Cypriot company – which was then paid out to Biden family members in a total sum of over $1 million.
The first payments were received by the LLC just weeks after then-Vice President Biden hosted Romanian President Klaus Iohannis to the White House and they discussed anti-corruption policies.
Biden family accounts gained $1.038 million from Robinson Walker, LLC in a series of 17 deposits, 16 of which were made while Biden was still in the White House. The payments went to associate James Gilliar, Hunter Biden, Hallie Biden, Owasco LLC and an ‘unknown Biden bank account.’
‘It appears from bank records the Bidens were using Robinson Walker, LLC to conceal that the source of these payments was Popovici,’ the memo says.
According to emails from Hunter’s laptop obtained by DailyMail.com, Popoviciu hired the president’s son in 2016 as part of an influence campaign to persuade anti-corruption prosecutors to cut a deal or drop the case – all while his father was sitting vice president.