Oversight Committee: Biden Family Business Received over $10 Million from Romania, China for Unknown Work
WENDELL HUSEBØ
10 May 2023
The Biden family business over the course of several years received over $10 million from business schemes in Romania and China in return for what appears to be influence peddling, bank documents obtained Wednesday by Breitbart News from the House Oversight Committee show.
In total, Biden family members and business associates designed a web of over 20 companies, many of which were formed during Joe Biden’s vice presidency, the committee revealed. In total, the Biden family, business associates, and companies received over $10 million from foreign nationals’ companies, the committee found.
The funds appear to contradict President Joe Biden’s claims that his family received no money from China. The funds also raise questions about what the Biden family returned in terms of services or products for the money received.
Romanian Transactions
From November 2015 to May 2017, Bladon Enterprises paid Robinson Walker, LLC over $3 million. Bladon Enterprises is reported to be Gabriel Popoviciu’s Cypriot company that he used to conduct business in Romania. Robinson Walker is the Biden family business partner who collectedly sent the Biden family $1.3 million to the family.
The Biden family accounts received approximately $1.038 million from the Robinson Walker, LLC account after Bladon Enterprises deposits, the committee revealed based upon wire transfers. In total, 16 of the 17 payments from Bladon Enterprises to Robinson Walker, LLC were made while Joe Biden was vice president.
According to the committee, the payments began to flow to Robinson Walker, LLC just after Vice President Biden welcomed Romanian President Klaus Iohannis to the White House on September 28, 2015.
A readout of the meeting stated that the “Vice President welcomed President Iohannis’ focus on anti-corruption efforts and rule of law as a means to strengthen national security and promote greater investment and economic growth.” Iohannis said Joe Biden “voiced satisfaction over Romania’s progress with the fight against corruption.”
One year prior, on May 21, 2014, then-vice president Joe Biden visited Romania and delivered a speech addressed to the Romanian Prime Minister, judges, prosecutors, and leaders of the parliament. At the time of the speech, Romanian prosecutors were investigating Popoviciu, who was later charged and convicted with bribery-related offenses.
As Breitbart News previously reported, Hunter Biden began working for Popoviciu in the spring of 2015. According to Hunter Biden’s calendar, he met with Joe Biden three times from July 2015 to March 2016 about helping Popoviciu with a “conviction stemming from his purchase of a 550-acre parcel of government-owned land for a steep discount,” the New York Post reported.
Chinese Transactions
Bank records from the committee show that between August 2017 and October 2018, Hudson West III, a company co-managed by Hunter Biden, sent over $4 million to Hunter Biden related companies and over $75,000 to James Biden related companies. Gongwen Dong and Hunter Biden were each 50 percent owners of Hudson West II, bank records obtained by the committee show. According to an email verified by the Washington Post and Hunter Biden, Gongwen Dong served as “Chairman Ye[’s] CEFC emissary” in the United States.
Closely connected to the Chinese Communist Party, CEFC Chairman Ye Jianming also paid Hunter a $1 million retainer fee for legal services in 2017. Hunter also received a large diamond from Ye worth an estimated $80,000 in February 2017.
In addition, the committee revealed that Hunter Biden received an additional $100,000 that was sent from Shanghai Huaxin in China. The money was apparently a part of a CEFC deal with Ye and Dong.
According to the committee, on May 11, 2017, Dong formed CEFC Infrastructure in Delaware. Hudson West V, a company that formed a partnership with Hunter Biden, was the sole equity member of CEFC Infrastructure. Dong identified himself as the Director of Hudson West V and listed its address as Xicheng District Beijing, China, banking documents show.
One week later, Hudson West V assigned 100 percent of its interest to Shanghai Huaxin Group Limited (Shanghai Huaxin), a company incorporated in China. On June 30, 2017, Shanghai Huaxin funded the CEFC Infrastructure bank account with an injection of $10 million.
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