At the cost of a long investigation, requests for documents and the hearing of countless witnesses, the oversight committee of the US House of Representatives uncovered the intricate business network surrounding the family of outgoing US President Joe Biden. The threads led to several countries, and a good part of the deals took place during Biden’s term as vice president.
Vice President Joe Biden received Romanian President Klaus Iohannis at the White House on September 28, 2015. Within five weeks of this meeting, a Romanian businessman involved in corruption cases in Romania, Gabriel Popoviciu, began making payments to the bank account of a person close to the Biden family.
The Romanian anti-corruption authority (DNA) launched an investigation against Popoviciu in 2007. In the high-profile corruption case, Joe Biden’s son, Hunter Biden, recommended the former director of the FBI as a lawyer, who was connected not only to the DNA prosecutors led by the current European Attorney General, Laura Kövesi, but also to the Romanian Intelligence Service.
Roughly a third of the three million dollars received later went to the account of the president’s son, Hunter Biden, the widow of Beau Biden’s widow, Hallie Biden, and an unnamed third family member.
The Biden family had business relations not only with Romania, but also with China. The oversight committee revealed, among other things, that the president’s brother, James Biden, and his wife, Sara, received $40,000 from the Chinese CEFC energy company and passed it on to Joe Biden as loan repayment.
The underlying loan agreement is one of the documents the White House refused to hand over to lawmakers.
The committee found that on April 22, 2014, Kazakh oligarch Kenes Rakisev used his Singapore business, Novatus Holdings, to transfer money to one of Hunter Biden’s Rosemont Seneca 142,300 dollars to his business. The next day, the Rosemont Seneca unit transferred the exact same amount to a car dealership for Hunter Biden’s car. Hunter Biden and his business partner Devon Archer represented the Ukrainian energy company Burisma in Kazakhstan in May and June 2014, where they tried to close a tripartite deal between Burisma, the Kazakh government and a Chinese state-owned energy company.
Source: magyarnemzet.hu
