- FOX NEWS - Chris Pandolfo - MAR 18, 2023 -
'That's not true,' Biden said, disputing financial records that show Hunter, Jim and Hallie Biden received lucrative payments from one of Hunter's business associates, according to Republicans
President Biden denied that his family received more than $1 million in payments from accounts related to Hunter Biden’s business associate Rob Walker and their Chinese business ventures in 2017, even though financial records indicate otherwise.
On Thursday, GOP lawmakers on the House Oversight Committee revealed that they had obtained bank documents showing that Hunter Biden, the president's brother Jim, and Hallie Biden, the widow of his son Beau, received payments from Hunter's business associate Rob Walker and their joint venture with Chinese energy firm CEFC. A spokesperson for Hunter Biden's legal team confirmed the payments Thursday but emphasized that the recipients' accounts "belonged to Hunter, his uncle and Hallie – nobody else."
However, Biden denied that the payments were made when confronted by a reporter on the White House lawn Friday.
"That's not true," the president said, when asked about the GOP lawmakers' findings.
Financial records that Oversight Committee Chairman James Comer, R-Ky., subpoenaed from Bank of America say otherwise.
The records revealed that on March 1, 2017, less than two months after then-Vice President Joe Biden left office, State Energy HK Limited, a separate Chinese company, wired $3 million to Robinson Walker, LLC.
"The next day, Robinson Walker, LLC wired $1,065,000 to European Energy and Infrastructure Group in Abu Dhabi, a company associated with James Gilliar," a memo from the committee states.
Gilliar was a business partner of Hunter Biden involved in his foreign business ventures.