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Joe Biden's lanky brother James Biden arrived on Capitol Hill on Wednesday morning for his closed-door testimony within the Biden impeachment inquiry.
James Biden, in his opening assertion to lawmakers, denied that his brother Joe Biden was concerned in any direct or oblique approach together with his companies.
In different phrases, James Biden expects us to consider that he’s only a sensible businessman who is aware of Chinese language billionaire tycoons with ties to the CCP, high-profile healthcare officers, and different oligarchs.
James Biden informed lawmakers on Wednesday that there isn’t any mortgage documentation for the “interest-free” mortgage supplied by Joe Biden.
Joe Biden had beforehand refused handy over to the Home Oversight Committee mortgage paperwork proving any 'loans' supplied to his brother James Biden.
The Home Oversight Committee has no IRS data or mortgage paperwork confirming that the $200,000 test Jim Biden wrote his brother Joe Biden in 2018 was 'mortgage reimbursement.'
Home Oversight Chairman James Comer demanded IRS data and relevant mortgage paperwork that show Joe Biden loaned cash to his brother James.
Biden typically constructions his earnings as 'debt' to keep away from paying taxes. We noticed this with a $5 million wire, which was described as an 'interest-free mortgage' (a approach for Hunter to keep away from taxes) from a Chinese language agency. The Bidens then hand the soiled cash to one another as 'debt reimbursement'. That is basic tax evasion, cash laundering and influence-peddling.
James Comer just lately disclosed a $200,000 direct fee to Joe Biden.
In 2018, Jim Biden acquired $600,000 in 'mortgage' from Americor Well being LLC, a failed/bankrupt rural hospital operator. In response to chapter paperwork, Jim Biden acquired the mortgage “based mostly on representations that his final title Biden may open doorways and that he may obtain a big funding from the Center East based mostly on his political connections.”
On March 1, 2018, Americor Well being LLC paid $200,000 into the non-public checking account of Jim and Sarah Biden. That very same day, Jim Biden wrote a $200,000 test to Joe Biden, aka, “The Large Man.”
In response to James Biden, Biden won’t hand over the mortgage paperwork as a result of they don’t exist.
The Day by day Mail reported:
James described the funds he made to investigators: 'They had been short-term loans that I obtained from Joe when he was a non-public citizen, and I repaid them in a matter of some weeks. He had no thought in any respect in regards to the supply of the cash I used to repay him. The entire rationalization is that Joe lent me the cash, and I repaid him as quickly as I had the cash to take action.'
Financial institution data seen by DailyMail.com present there have been strings hooked up from Joe to James for weeks earlier than the fee was made.
James added: 'I by no means requested my brother to take any official motion on behalf of me, my enterprise associates or anybody else.'
However in keeping with a supply, James admitted that there have been no paperwork for the mortgage and that he didn’t cost his brother any curiosity.