The House Oversight and Accountability Committee recently released a report alleging that the Biden family and its business associates created over 20 companies and received more than $10 million from foreign nationals while Joe Biden served as Vice President.
The committee’s investigation is centered on the opaque corporate structure of particular Biden-affiliated companies and their complicated connections with each other.
The memo released by the committee claims that the Biden family appeared to take steps to conceal the source and total amount received from foreign companies.
The committee has already subpoenaed four different banks as part of its probe and received thousands of records in response.
The memo included a breakdown of the transactions from Chinese and Romanian nationals and companies. The committee already sees signs that the Biden family may have collected money from foreign nationals trying to influence U.S. policy.
The committee is concerned about the Biden family’s pattern of courting business in regions of the world in which the then Vice President had an outsize role and influenced U.S. policy.
The White House has dismissed the investigation as “evidence-free” and “politically motivated.” President Biden has maintained that he has never been involved in his son’s business dealings.
Source Fox News