Members of the Biden family may have accepted more than $40million from foreign nationals in return for forming favorable policy decisions, the Chairman of the House Oversight Committee has claimed.
‘This was organized crime – there’s no other way to define it,’ Kentucky Republican James Comer alleged 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 where the committee ‘can’t come to any other conclusion’ other than that the president was ‘compromised’.
Comer said he was confident his investigation would find proof of ‘at least $17million’ from overseas payments, but that he would not be surprised if ‘transactions exceed $40million plus.’
The Oversight Committee chairman also said that within the past week his panel had obtained further banking statements and Treasury suspicious activity reports showing ‘more bank accounts, more shell companies and more Bidens’ being involved in an alleged policy pedaling scheme.
House Oversight Committee chairman Rep. James Comer (R-KY) speaks to reporters at the U.S. Capitol Building, Washington DC, June 20
President Joe Biden gestures as he arrives at the White House on Wednesday
‘We’ve found 19 shell companies that the Biden’s had,’ Comer said. ‘The sole purpose of those shell companies appeared to be to launder money from those foreign nationals to at least nine different Biden family members.
‘Now in the last five days we’ve gotten more bank statements in from more banks. When we had access to the suspicious activity reports at the Treasury we found more banks accounts, more shell companies, and more Bidens.
The chairman added: ‘We’re going to continue to pour through these bank statements and work to try to determine how much money the Bidens took and what role Joe Biden played in all this.’
In a scathing attack on the president’s potential breach of ethical standards, Comer said: ‘We have six specific policy decisions – four of which were made while Joe Biden was president early on — that we can’t come to any other conclusion as to why these decisions were made, other than the fact that this president is compromised.’
Comer said it was ‘an organized attempt by the Biden family to hide the source of money going into these shell companies, and to distract from the IRS so they wouldn’t have to pay taxes on it.’
He concluded this was ‘exactly what the IRS whistleblowers alleged in the transcribed interview with the Ways and Means Committee: that the Biden family never paid money on any of these wires that came into these shell companies.’
On Wednesday IRS whistleblower Gary Shapley claimed Hunter Biden received preferential treatment and that he was repeatedly prevented from taking the necessary – and routine – steps when it came to Hunter’s case.
‘There were certain investigative steps that we weren’t allowed to take that could have led us to President Biden,’ Shapley told CBS News on Tuesday.
Joe Biden, with son Hunter Biden, arrives at Hancock Field Air National Guard Base in Syracuse, New York, on February 4
Joe Biden delivers a speech on economic policy – dubbed ‘Bidenomics’ – at the Old Post Office in Chicago, Illinois, Wednesday
Shapley, a former supervisory agent, said the IRS ‘needed to take [those steps] and we weren’t allowed to take them.’
He added that conduct uncovered during the five-year investigation – which resulted in Hunter pleading guilty to two misdemeanor tax charges – could have implicated President Joe Biden as well, and resulted in additional charges, and claimed the roadblocks were happening even during the Trump years.
‘There were certain investigative steps that we weren’t allowed to take that could have led us to President Biden,’ Shapley said, adding that his team at the IRS ‘needed to take [those steps] and we weren’t allowed to take them.’
Shapley, who worked for the agency for 14 years, helped oversee the investigation into the president’s son and is raising questions over alleged special treatment throughout the probe.
Continuing his interview on Wednesday Comer said he was ‘confident’ the committee investigation would prove that the Biden family took in ‘at least $17million’ from overseas payments.
But he added that ‘the transactions could exceed $40million plus’. He said that many of these shell companies have other owners, however. He said this allows them to ‘hide the revenue or disguise the revenue from the IRS or the federal authorities or whomever’.
As part of their investigation, Comer’s panel has so far identified nine members of the Biden family as having 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, the president’s brother, and his wife Sara Biden; the widow of the president’s late son Beau Biden, Hallie Biden, were also alleged to have received money by Comer.
The president’s son was staying at the guest house of Biden’s Delaware home when he wrote to Communist Party official Henry Zhao on July 30, 2017, revealing that his father was seated beside him and asking ‘why the commitment made was not fulfilled’
It comes after Biden twice on Wednesday denied that he had anything to do with his son’s ‘shakedown text message,’ which appeared to showcase Hunter’s willingness to use his father’s clout to pressure a Chinese business associate to pay him.
Hunter told Communist Party official Henry Zhao on July 30, 2017 in a WhatsApp message that he was ‘sitting with his father,’ adding, ‘and we would like to know why the commitment made was not fulfilled.’
Hunter was known to be staying at the guesthouse of President Biden’s Wilmington, Delaware residence at the time.
On the South Lawn Wednesday as he departed for Chicago, the president was asked how involved he was in his son’s Chinese shakedown text message – and if he was seated beside Hunter, as the message said.
‘No, I wasn’t and I -,’ he said pausing. When pressed again he loudly said, ‘No!’
The existence of the message prolongs the drama surrounding the president’s son as Biden, 80, starts to campaign for a second term in earnest.
Last week, Hunter agreed to a plea deal with the U.S. Attorney in Delaware, pleading guilty to two misdemeanor tax charges and likely entering probation over a gun charge.