Last month, House Oversight Chairman James Comer revealed that two bank wires originating from China had been sent to Hunter Biden, with the beneficiary address for both being listed as Joe Biden’s Delaware home.
According to Fox News, the first wire transfer of $10,000 was sent from an individual named Ms. Wang Xin who is believed to be connected to BHR Partners.
The second transfer of $250,000 was received on August 2nd 2019 from Li Xiang Sheng and Ms. Tan Ling whose role is still being identified by the committee.
In a statement given on X, Chairman Comer noted that “Hunter Biden did not pay back the loan… Not one Biden paid back the so-called ‘loan’ from Li Xiang Sheng AKA Jonathan Li.”
It has since been established that in 2021 Kevin Morris assumed this debt after taking a stake in Hunter’s Bohai Harvest.
Well, now we know neither Hunter Biden nor any other Biden paid that loan back. Instead, Democrat donor and Hollywood lawyer Kevin Morris acquired Hunter Biden’s stake in Bohai Harvest RST (one of Hunter’s China deals) and assumed the debt for Hunter.
It’s worth noting that Morris and Hunter first met at a Joe Biden campaign fundraiser in November 2019.” the Oversight Committee said.
“It sure seems that the Bidens get a lot of loans that raise many questions,” House Oversight Chairman James Comer told Just the News. “Hunter Biden’s defense team was quick to say that the $250,000 wire he received from a Chinese national that listed Joe Biden’s home as the beneficiary address was a loan.
“However, Hunter Biden’s defense team fails to mention that Kevin Morris quietly assumed that loan for Hunter Biden,” Comer added. “Why is Kevin Morris, who is a lawyer and Democrat donor, taking on Hunter Biden’s China debt? This raises serious ethical questions that the White House must answer.”
Kevin Patrick Morris was reported by IRS whistleblower Gary Shapley to have met with Hunter Biden at a campaign finance event in late 2019-early 2020.
Following their meeting, Morris proceeded to pay off a number of tranches of Hunter’s delinquent taxes between the years 2020 and 2021. According to documents filed by Hunter Biden on his tax returns, Morris gave him a loan for the purpose of covering these unpaid taxes, meaning that the money given was not taxable.
Furthermore, in July 2020 Hunter Biden was hit with a state tax lien of $453,890 which was paid off within a week despite his statement to an Arkansas judge during his paternity case against Lunden Roberts that he was unemployed and without funds.
In addition to this payment, Morris also donated $50,000 USD to Joe Biden’s campaign in 2020.
“I attest that I am unemployed and have had no monthly income since May 2019,” said Biden in a Nov. 27, 2019, affidavit. “I currently have significant debts (in part as a result of obligations arising from my divorce which was final in April 2017).”
🚨 BREAKING 🚨
In July 2019 (three months after Joe Biden announced he was running for president), Hunter Biden received a $250,000 "loan" from one of his Chinese business associates. This is the wire that used Joe Biden's Delaware house as the beneficiary address.
Well, now we…
— Oversight Committee (@GOPoversight) October 30, 2023