Hunter Biden admitted for the first time this week that he received a payment from a Chinese company. The admission before a federal court judge contradicts an earlier claim by his father, President Joe Biden, that he never received funds from China.
In his court hearing before U.S. District Judge Maryellen Noreika Wednesday, the younger Biden’s attorney Chris Clark stated that his client received more than $650,000 from the Chinese company CEFC.
The admission of the payment from the Chinese energy company would confirm a portion of research uncovered by House Republicans. Members of the House Oversight Committee have been investigating the financial and business dealings of the Biden family.
According to the attorney, Hunter Biden received almost $1 million from a joint venture with a Chinese CEO, as well as $664,000 from CEFC.
🚨 BIDEN FAMILY COVER-UP 🚨
In the transcript from Hunter Biden’s plea agreement hearing, Hunter ADMITS that CCP-linked CEFC Chairman Ye Jianming was his business partner. pic.twitter.com/KhRgnokiKI
— Oversight Committee (@GOPoversight) July 27, 2023
When asked about whether or not the Biden family received payments from China, the president said that the claim was “not true.”
Furthermore, during a 2020 election debate, the elder Biden said that his son “has not made money in terms of this thing about, what are you talking about, China.”
He then accused former President Donald Trump of making money from the People’s Republic.
“Nobody else has made money from China,” Biden said at the time.
Furthermore, the disclosure also included $500,000 from the Ukrainian energy company Burisma. Burisma has been at the center of the House Oversight Committee’s investigation into the Biden family.
Hunter Biden served on the board of the energy firm despite having no relevant experience prior to his appointment. The younger Biden was paid more than $80,000 per month in the role during his father’s tenure as vice president.
The attorney also confirmed $70,000 in compensation from a Romanian business. House Oversight Committee Chairman Rep. James Comer (R-KY) previously scrutinized an alleged $1 million payment to the Biden family by a Romanian businessman under investigation for corruption.
“The Romanian transactions show evidence of influence peddling and a correlation between Biden family and their business associates’ work and then Vice President Biden’s responsibilities while in office,” a memo from the Oversight Committee read.
Rep. Kelly Armstrong (R-ND) said in May that the manner of payment from oligarch Gabriel Popoviciu is “simply not how legal fees are paid.”