He outlined how the cash allegedly made its way from a Chinese company to the current president in 2017 via a series of companies, and Biden family members.
"Remember when Joe Biden told the American people that his son didn't make any money in China?" Comer began. "Well not only did he lie about his son, Hunter, making any money in China, but it also turns out that $40,000 in laundered China money landed in Joe Biden's bank account in the form of a personal cheque, and the Oversight Committee has it."
Comer went on to explain that $5 million was originally given by Chinese-based Northern International Capital to Hudson West III, from which $400,000 was sent to Hunter Biden-owned Owasco P.C. Of that, $150,000 was sent to Lion Hall Group, which is controlled by James Biden and his wife, who took $50,000, and sent Joe Biden a personal cheque for $40,000.
This is a breaking story and will be updated.
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