In a series of revelations, U.S. Representative William Timmons (R-SC) and the House Committee on Oversight and Accountability have presented new details regarding alleged influence peddling by the Biden family.
Congressman Timmons laid out the steps involved in the “Biden scheme” in a Wednesday tweet:
“1. Foreign client has a problem.
2. Client pays a Biden.
3. VP Biden travels to the country.
4. VP Biden leverages U.S. influence to force favorable outcomes for the client.
5. THE BIDEN FAMILY EARNS THEIR FEE. 💵
6. Find a new foreign client.
7. Wash. Rinse. Repeat.”
The House Committee, expanding on Timmons’ remarks, released a press statement on Tuesday delving into key findings of the ongoing investigation.
The report underscores that the Biden family members and business associates “created a web of over 20 companies—most were limited liability companies formed after Joe Biden became Vice President.”
This intricate network allegedly facilitated the receipt of millions of dollars from foreign nationals and their related entities.
The Committee goes on to claim that the Biden family “used business associates’ companies to receive millions of dollars from foreign companies” and attempted “to conceal large financial transactions” with complex money transfers, aiming to obscure the source of the funds.
One key aspect of the Committee’s report is the purported ties between the Biden family and the Chinese Communist Party (CCP).
“CCP-linked Chinese nationals and companies with significant ties to Chinese intelligence and the Chinese Communist Party hid the source of the funds paid out to the Bidens by layering domestic limited liability companies,” the report alleges.
Furthermore, the report presents allegations of influence peddling in Romania between 2015 and 2017.
It highlights that the Bidens “received over a million dollars from a company controlled by a Romanian individual accused of corruption, Gabriel Popoviciu, through a Biden family associate.”
The Committee also referenced an FBI’s unclassified FD-1023 form, which allegedly contains statements from a Burisma executive claiming that Joe Biden demanded and received $5 million in exchange for certain actions.
However, the details about the FBI’s investigation into this matter remain unclear.
The Biden family has consistently denied any knowledge or involvement in these alleged business dealings.
However, these claims contradict the Committee’s assertion that “Joe Biden knew and lied to the American people about his family’s business schemes.”
