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Bank records show over $20 million in payments went to Biden family, associates

U.S. House Oversight Chairman James Comer (R-KY) released the financial documents which he claims back up the allegations that the Biden family and their associates received more than $20 million in payments from foreign entities.

Released Wednesday, the “records raise the alleged income to the Biden family and associates to over $20 million and highlight alleged involvement from Russia and Kazakhstan” reports The Center Square. Millions of dollars in payments came from “oligarchs” in Kazakhstan, Ukraine and Russia.

“In February 2014, a Russian Oligarch Sent $3.5 Million to a Shell Company Associated with Hunter Biden and Devon Archer: Russian billionaire Yelena Baturina transferred $3.5 million to Rosemont Seneca Thornton, a shell company,” Comer’s office said.

“Approximately $1 million was transferred to Devon Archer, and the remainder was used to initially fund a new company account, Rosemont Seneca Bohai, which Devon Archer and Hunter Biden used to receive other foreign wires.” Notably, one payment may have been the exact amount needed for a sports car for Hunter Biden.

From Comer’s office:

In April 2014, a Kazakhstani Oligarch Wired the Exact Price of Biden’s Sportscar to a Bank Account Used by Archer and Biden: In February 2014, Hunter Biden met with Kenes Rakishev at a Washington, D.C. hotel. Rakishev worked closely with the prime minister of Kazakhstan, Karim Massimov. In April, Rakishev, a Kazakhstani oligarch, wired $142,300 to Rosemont Seneca Bohai. The next day, a payment was made from Rosemont Seneca Bohai for a sportscar for Hunter Biden in the amount of $142,300. Archer and Biden then arranged for Burisma executives to visit Kazakhstan in June 2014 to evaluate a three-way deal among Burisma, a Chinese state-owned company, and the government of Kazakhstan.

Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma, and Kenes Rakishev. Vice President Biden had dinner with them in the spring of 2014 and 2015 in Washington, D.C.

Comer pointed to testimony from Devon Archer, a longtime friend and business associate of Hunter Biden, the president’s son. Archer testified that Hunter used his father’s name and phone calls from his father to advance his business dealings overseas.