Wire transfers to Hunter Biden by a Chinese firm in 2019 totaling more than $250,000 were listed as a “personal investment,” according to reports.
Earlier last week, House Oversight Committee Chairman Rep. James Comer revealed that he subpoenaed bank records from the first son. The documents revealed that Hunter had received two wires from Beijing linked to BHR Partners – a joint venture between Hunter’s Rosemont Seneca firm and Bohai Capital, a Chinese investment company – where he sat on the board of directors.
The first son received two transfers on July 26, 2019, and Aug. 2, 2019, of $10,000 and $250,000 respectively from individuals known to be involved at BHR Partners. Hunter was the listed beneficiary, with the address being 1209 Barley Mill Rd. in Wilmington, Delaware – the main residence for President Joe Biden.
The first payment was labeled as “ACC/LOAN TO BENEFICIARY,” while the follow-up was labeled “ACC/PERSONAL INVESTMENT.” This is despite Hunter’s former lawyer stating he never received payment for his role on the board at BHR Partners.
Back To 2019
Hunter resigned from the board in October 2019, just months after his father announced his presidential campaign. His then-lawyer, George Mesires, said that the now 53-year-old “served only as a member of the board of directors, which he joined based on his interest in seeking ways to bring Chinese capital to international markets.”
“It was an unpaid position,” Mesires said on Oct. 13, 2019. “In October 2017, Hunter committed to invest approximately $420,000 USD (as of 10/12/2019) to acquire a 10% equity position in BHR, which he still holds.”
“To date, Hunter has not received any compensation for being on BHR’s board of directors. He has not received any return on his investment; there have been no distributions to BHR shareholders since Hunter obtained his equity interest,” Mesires added at the time.
Joe Biden White House (Lack Of) Response
President Biden remains tightlipped on the wire payments and listed beneficiary address, as well as his interactions with BHR Partners CEO Jonathan Li. During testimony in July, Hunter’s former business associate Devon Archer said that the now-President sat down for coffee with Li in Beijing, later writing a recommendation letter for Li’s daughter to Georgetown University in Washington D.C.
Around the same time as the wire transfers, Biden said he “ever discussed with my son or my brother or anyone else anything having to do with their business, period.”
“Bank records don’t lie but President Joe Biden does,” said Committee Chairman Comer on Tuesday. “In 2020, Joe Biden told Americans that his family never received money from China. We’ve already proved that to be a lie earlier this year, and now we know that two wires originating from Beijing listed Joe Biden’s Wilmington home as the beneficiary address when he was running for president of the United States,” Comer added.
An impeachment inquiry into President Biden began on Thursday.
Shay Bottomley is a British journalist based in Canada. He has written for the Western Standard, Maidenhead Advertiser, Slough Express, Windsor Express, Berkshire Live and Southend Echo, and has covered notable events including the Queen’s Platinum Jubilee.