Attorneys for Hunter Biden have come up with a perfectly logical explanation for recurring payments that he made to his father from his Owasco PC account, which received millions in payments from Chinese state-owned corporations.
Abbe Lowell mocked House Oversight Committee Chair James Comer (R-KY) for his characterization of the payments as proof that the president was involved in his son's corrupt business dealings, claiming that three $1,380 payments between September and November 2018 were reimbursements on car payments for a truck that Joe Biden bought for Hunter when he couldn't get credit.
“There Chairman Comer goes again — reheating what is old as new to try to revive his sham of an investigation,” Lowell said in a statement. “The truth is Hunter’s father helped him when he was struggling financially due to his addiction and could not secure credit to finance a truck. When Hunter was able to, he paid his father back and took over the payments himself.”
A car dealership did confirm that Joe Biden bought a 2018 Ford F-150 Raptor truck for $67,000 for his son Hunter in June 2018. Hunter traded in two other vehicles as part of the deal.
The deal and payments to his father are all on Hunter Biden's laptop, according to the Wall Street Journal, but the payments are not specifically designated as car payments.
Biden also bought the firearm for which he is being federally prosecuted around the same time. Federal authorities allege that he lied on gun permit forms about his drug use, at the time.
“This wasn’t a payment from Hunter Biden’s personal account but an account for his corporation that received payments from China and other shady corners of the world,” Comer said about the findings. “At this moment, Hunter Biden is under an investigation by the Department of Justice for using Owasco PC for tax evasion and other serious crimes.”
Comer said the payments “are part of a pattern revealing Joe Biden knew about, participated in, and benefited from his family’s influence peddling schemes.”
Comer said he doesn't believe the payments are car payments and noted that Joe Biden had many meetings with his son's business associates as the foreign payments were being made.
“As the Bidens received millions from foreign nationals and companies in China, Russia, Ukraine, Romania, and Kazakhstan, Joe Biden dined with his family’s foreign associates, spoke to them by speakerphone, had coffee, attended meetings, and ultimately received payments that were funded by his family’s business dealings,” the committee added in a press release.
Comer also pointed out that there isn't documentation that the payments were car payments and that Hunter Biden could have afforded a car with the millions he was getting from foreign entities.
“They assume the majority of Americans at the end of the day are going to be financially illiterate. People know that if you make a loan, you receive a loan repayment, you should have a copy of the check that you made the loan to,” he said during an appearance on Newsmax.
“I mean they’re just not being honest with the American people. They want to say, ‘Well the president’s son couldn’t qualify for a truck loan’ for what, $40,000, but then China loans him $5 million, Russia loaned him $3.5 million, the list goes on and on. But he cant even get a car loan? It makes no sense,” he said.
The Biden family has not satisfactorily explained another $40,000 payment to Joe Biden from his brother James, and which was flagged by the bank as possible money laundering.
