The ongoing saga surrounding Hunter Biden’s financial dealings has taken another intriguing turn with the revelation of two wire transfers originating in Beijing, each totaling over $250,000, that found their way to the Delaware residence of President Joe Biden. Here’s the full story.
House Oversight Committee Chairman James Comer, a Republican from Kentucky, has spearheaded an investigation into the Biden family’s business dealings, with a focus on President Biden’s potential involvement.
Financial Transactions Linked to Foreign Entities
The investigation, which included the issuance of subpoenas for financial records, has uncovered financial transactions linked to foreign entities.
The wires in question are traced back to BHR Partners, a joint venture between Hunter Biden’s Rosemont Seneca and Bohai Capital, a Chinese investment firm. Hunter Biden had reportedly served on the board of directors for BHR Partners.
The wires originated from two individuals connected with BHR Partners, raising questions about their intended purpose and beneficiary.
Who Was the Intended Beneficiary?
The first wire which was dated July 26, 2019, was for $10,000 and originated from a person named Ms. Wang Xin. However, the exact connection between the wire and this Wang Xin remains unclear.
The second wire, dated August 2, 2019, amounted to $250,000 and was sent by Li Xiang Sheng, who is also known as Jonathan Li, the CEO of BHR Partners, along with an individual identified as Ms. Tan Ling.