According to House Oversight committee Chairman James Comer (R-KY), the united States Treasury must hand over bank records related to court documents that reveal that James Biden secretly negotiated a $140 million deal in 2012 between a United States firm and the Saudi government due to his relationship with then-VP Joe Biden.
“Proof continues to grow that the Biden family has utilized Joe Biden’s name to get agreements and deals done all around the world to profit themselves,” Comer said of the court records on Wednesday.
“The Treasury Department must share the suspicious activity reports created for the Biden family and their friends to better inform our investigation into the Biden family’s business dealings and President Joe Biden’s involvement,” he stated. “If President Joe Biden is corrupted by his family’s business dealings, this poses a serious national security risk.”
James Biden’s rumored Saudi transaction is yet another example of the Biden family trading influence while President Joe Biden was in office.
Comer is looking into the Biden family’s shady business dealings, including President Joe Biden’s involvement, for nine offenses involving wire fraud, money laundering, and tax evasion.
Comer, according to a Daily Mail source familiar with the committee’s probe, has copies of court records relating to James Biden’s role in the Saudi settlement deal. The information from the source was neither confirmed nor refuted by the committee.
Nonetheless, it appears that the committee is looking into the incident. The committee highlighted its February 8 demand letters to James and Hunter Biden, in which it has requested several financial and communications documents that go back to 2009.
James’ questionable business ties in Saudi Arabia date back to 2011.
“The Committee on Oversight and Accountability is investigating President Biden’s connections to certain foreign and domestic business transactions and practices,” Comer wrote James.
“The Committee has seen materials that implicate you as a key role in these transactions,” Comer wrote.
James appears to have ignored Comer’s letter, while Hunter Biden rebuffed the demand. If they do not cooperate, the committee will issue subpoenas to James and Hunter Biden for the relevant material.
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