Oversight Committee Releases Bank Records Proving Hunter Received $20M From Russian and Ukrainian Oligarchs

Greed is good. And if that is the case Hunter Biden is exceptional.  President Biden’s family and their allies brought in at least $20 million from foreign sources. The money came from oligarchs in Russia, Ukraine, and Kazakhstan. Kazakhstan was a piker, only sending Hunter $142,300. By mere coincidence that is exactly what his new sports car cost. The Democrats will have trouble in two areas. They cannot deny the payments because bank records are irrefutable and they cannot explain what the money was for.

Committee chairman James Comer (R-Ky.) said Hunter Biden, now 53, appeared to deliver Russian, Kazakhstani, and Ukrainian businesspeople access to his father. They revealed that post-Soviet associates allegedly attended at least two dinners at the now nefarious Café Milano with the Bidens.

Rep James Comer said:

“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself.”

“And Hunter Biden seems to have delivered. This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son.”

“It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was Vice President of the United States.”

From The New York Post

The records supplement Archer’s deposition to the committee July 31, in which he revealed the flow of $3.5 million transferred on Feb. 14, 2014, from Russian billionaire and former Moscow first lady Yelena Baturina to the Archer and Hunter Biden-controlled entity Rosemont Seneca Thornton.

Rosemont Seneca Thornton in turn transferred $750,000 of Baturina’s funds to Archer on March 11, 2014, and another $2,752,711 on the same day to Rosemont Seneca Bohai, an account that was opened one day prior to Baturina’s $3.5 million transfer.

Archer testified that Rosemont Seneca Bohai was controlled on a 50-50 basis by himself and Hunter Biden.

On March 25, most of the $2.75 million was transferred to a different Rosemont Seneca Bohai account — with two transfers for $2,246,111 and $200,000 occurring on the same day.

The paper trail doesn’t neatly resolve whether Hunter Biden directly benefited from Baturina’s transfer, but an infographic in Comer’s release notes that Rosemont Seneca Bohai funds were used to cover personal expenses, as well as transferred to Hunter’s separate corporate entity Owasco PC.

Archer told the committee last week that he wasn’t sure why Baturina transferred the $3.5 million and that he thought it must have been meant for his other firm Rosemont Realty, which he said did more than $100 million in business with her.

When asked why most of the $3.5 million was passed along to an entity that was 50% held by Hunter Biden rather than directed to Rosemont Realty, Archer told the panel, “probably because it was owed,” without elaboration.

Archer testified that Hunter Biden was only briefly associated with his realty firm, though emails from Hunter’s abandoned laptop show he was involved in Baturina’s search for US real estate investments.

Archer also revealed that Baturina attended a previously unknown dinner at the Georgetown eatery with Hunter and Joe Biden and Hunter’s Kazakhstani partners sometime in spring 2014.

Baturina also appears to have attended an April 2015 Café Milano dinner featuring Joe and Hunter Biden, though Archer did not recollect her attendance in his testimony.