To recap, a year-long probe by the Senate Homeland and Governmental Affairs Committee and the Senate Finance Committee discovered a number of ‘irregularities’ and ‘questionable behavior’ on the part of Hunter Biden, the son of Joe Biden, as well as the former vice president himself.
According to a summary of the 87-page report, officials within the Obama administration “ignored clear warning signs about ethical conflicts and possible extortion risks involving Joe Biden’s family.”
Notably, the Treasury Department, in a series of Suspicious Activity Reports (SARs), flagged millions of dollars exchanged between Burisma Holdings, the Ukrainian energy firm on which Hunter Biden sat as a board member, Yelena Baturina, a Russian oligarch, and a Chinese businessman who has ties to the ChiCom government.
“The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals,” the report says.
“Hunter Biden paid nonresident women who were nationals of Russia or other Eastern European countries and who appear to be linked to an Eastern European prostitution or human trafficking ring,” the report notes.
Sen. Ron Johnson (R-Wis.), who chairs the Homeland Security and Governmental Affairs Committee, told Just The News that the substantial amount of suspicious activity alone puts the former vice president at risk of illicit influence or even extortion should he somehow find a way to steal the election from President Trump.
“The report raises serious questions that former Vice President Biden needs to answer. There are simply too many potential conflicts of interest, counterintelligence and extortion threats to ignore,” he said.
That’s exactly right; say what you will about President Trump, but a) the man doesn’t need someone else’s money; and b) he’s not even taking a salary himself (not a dime since getting into office; all his checks are donated to a ‘needy’ government agency).
That means there is zero influence that can be exerted on him; he owes no one.
A President Biden, though? Not so much.
“The Obama administration knew that Hunter Biden’s position on Burisma’s board was problematic and did interfere in the efficient execution of policy with respect to Ukraine,” the report noted. “Moreover, this investigation has illustrated the extent to which officials within the Obama administration ignored the glaring warning signs when the vice president’s son joined the board of a company owned by a corrupt Ukrainian oligarch.
In addition “to the over $4 million paid by Burisma for Hunter Biden’s and Archer’s board memberships, Hunter Biden, his family, and Archer received millions of dollars from foreign nationals with questionable backgrounds," the report adds.
What about the former vice president himself? He, too, will have some exposure, especially from China, whom he has already downplayed as a potential U.S. enemy.
“During his December 2013 trip to China, during which Hunter Biden flew on Air Force Two, Hunter Biden admitted he met with a Chinese banker,” says the report. “According to news reports, Hunter Biden appeared to be conducting his own private business during this specific trip and was working to secure a deal in the hopes of creating a Chinese equity fund.”
Joe Biden reportedly paved the way for his son’s deal by downplaying the Chinese threat to Japan, which alarmed the Japanese at the time, according to a National Sentinel video news report.
After meeting with the U.S.-China Business Council and President Xi Jinping, the then-vice president took a soft tone with China, alarming Japanese ally Prime Minister Shinzo Abe, who was increasingly concerned about China’s growing militarism.
About 10 days later, Hunter Biden and his business partners secured a huge billion-dollar deal with a state-owned Chinese bank.