How Treasury Dept. tracked overseas cash pocketed by Hunter Biden
Democratic presidential nominee Joseph R. Biden flatly denied at Tuesday night’s debate that his lawyer son took huge sums of money from corrupt oligarchs and Chinese communists during his vice presidency, but Treasury Department reports show that Hunter Biden did receive the money.
President Trump chose to make an issue of Hunter Biden’s cash haul from Russia, Ukraine and China with the implication that unsavory figures were trying to buy Vice President Biden and the Obama administration.
“When somebody gets 3½ million dollars from the mayor of Moscow,” Mr. Trump said.
“That’s is not true. That report is totally false,” Mr. Biden said.
A Senate Republican report by the Homeland Security and Governmental Affairs Committee says Mr. Trump is right, though it was not Moscow’s mayor, but his wife, whom the U.S. suspects of corruption in attaining billionaire status.
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.
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