Biden Still Needs to Answer Questions About Hunter's China Money Transfers

With U.S. Secretary of State John Kerry looking on, U.S. Vice President Joe Biden raises his glass to toast Chinese President Xi Jinping at a State Luncheon in the Chinese President’s honor at the U.S. Department of State in Washington, D.C., on September 25, 2015. [State Department photo/ Public Domain]

In the first presidential debate of 2020, Joe Biden claimed a Senate report linking his son Hunter to money transfers from Chinese communists and Russian politicians had been “totally discredited.” Many were left asking “by whom?” The Washington Times reports:

Hunter Biden received a single wire transfer of $3.5 million from Elena Baturina. The Senate report said she became a billionaire through illegal construction contracts awarded by her husband, since deceased.

This is based on Treasury Department reports received by committee Chairman Ron Johnson, Wisconsin Republican, and Senate Finance Committee Chairman Charles E. Grassley, Iowa Republican.

The Senate narrative is not specific, but the types of transaction records match the description of confidential suspicious activity reports that the Treasury issues when it suspects illegal activity.

The Senate report says, “On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Rosemont Seneca Thornton) bank account for a ‘Consultancy Agreement.’ Rosemont Seneca Thornton is an investment firm co-founded by Hunter Biden that was incorporated on May 28, 2013 in Wilmington, Del.”

The Times goes on:

In 2014 and 2015, Burisma sent $700,000 directly to Hunter Biden. After Mr. Archer was arrested on fraud charges, Burisma sent Hunter Biden another $752,000.

On China, Vice President Biden promoted closer ties to the communist regime on many fronts. He traveled to China in 2013 on Air Force Two and took along Hunter, who met with Chinese businessmen.

“China ate your lunch, Joe,” Mr. Trump said Tuesday night. “And no wonder your son goes in and he takes out billions of dollars. He takes out billions of dollars to manage. He makes millions of dollars.”

Mr. Biden said, “None of that is true.”

The Bidens have adamantly denied reports that Hunter Biden’s investment firm received a $1 billion infusion.

But the Senate report documents extensive ties between Hunter Biden and various Chinese entities that produced millions of dollars in wire transfers.

In one example, China’s CEFC Infrastructure Investment wired $5 million to HudsonWest LLC, a New York company jointly owned by Hunter Biden and Chinese interests. HudsonWest then sent $4.7 million to Hunter Biden’s law firm. The next year, another $1 million was delivered.

Hunter Biden sent 20 wire transfers totaling $1.3 million to Vice President Biden’s brother James for consulting services. Treasury flagged the transfers as potentially criminal, the Senate report said.