(ReclaimingAmerica.net) – Damning new evidence has emerged that Hunter Biden received piles of cash from Communist China for no apparent reason – as a 2018 document outlined the conclusions of a bank money laundering expert that the scandalous First Son got paid without “any services rendered.”
The GOP-led House Oversight Committee investigating the finances of President Joe Biden’s family has now made public the 2018 report by a bank’s anti-money laundering specialist.
In it, the unnamed expert expresses concern over Hunter Biden, the son of then-Vice President Joe Biden, receiving substantial financial transfers from a Chinese company connected to their government, without any evidence of services being provided.
The email, authored by a Bank Secrecy Act manager, highlights the transfer of over $5 million from a Chinese firm to Hunter Biden in 2017.
This transaction occurred shortly after Hunter indicated his father’s possible involvement or influence by mentioning Joe Biden’s presence in a text to a Chinese corporate official on July 30, 2017.
“Since the Initial funding of $5,000,000,00 from Northern International Capital Holdings (HK) Limited on 08/08/17 as a business loan, it was noted that there was no loan agreement document submitted,” wrote the bank expert.
His name and employer were redacted in the House Oversight Committee release.
“The funds in the account have primarily funded 16 wires [to a Hunter Biden-owned law firm]. These payments were Indicated as management fees and reimbursements,” the email explained.
“We find it unusual that approximately 58% of the funds were transferred to the law firm in a few months and the frequency of payments appear erratic,” the bank expert stressed.
“It was also previously indicated that [initial funds recipient] HUDSON WEST III LLC does not currently have any investment projects at this time, which raises further concerns as millions in fees are being pald but does not appear to have any services rendered by Owasco PC,” the official added.
The email also noted that Hunter Biden’s former wife, Kathleen Buhle, had had “concerns about his extravagant spending on his own interests (drugs, strip clubs, prostitutes, etc.)” and that “recent negative news indicate China targeting children of politicians and purchase of political influence through ‘sweetheart deals.’”
The bank official also acknowledged that Hunter Biden had been a partner in a separate venture in Communist China – BHR Partners – since 2013.
“[Hunter Biden’s Chinese operations] may require re-evaluation of relationship with the customer,” the money laundering expert concluded.
The email asks for feedback from other officials but it is unknown if any further actions occurred on the matter.
In a statement announcing the discovery of the bank document, House Oversight Committee Chairman James Comer (R-KY) emphasized this email’s significance in an ongoing impeachment inquiry into President Biden’s ties to his family’s dealings in China and other countries.
“Those are the words of a bank investigator who was just doing his job. The bank investigator was so concerned about Hunter Biden’s financial transactions with the Chinese company, he wanted to re-evaluate the bank’s relationship with the customer,” Comer emphasized.
JAMES COMER:
The Biden crime family “is a national security threat at the highest level of government!” pic.twitter.com/1htC7ZC1UF
— Townhall.com (@townhallcom) November 29, 2023
