Banking and other records made public Wednesday by House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) depict a complex money laundering scheme involving millions of dollars, many from foreign countries, given to President Brandon and nearly a dozen members of his family.
(Article republished from YourNews.com)
In a memorandum summarizing findings to date of the House Committee on Oversight and Accountability, chaired by Comer (R-Ky.), investigators described examining thousands of bank records and legal documents depicting nearly two dozen Limited Liability Corporations (LLCs) established by Brandon family members to receive payments from private clients, corporations and foreign governments, including China and Romania.
“Brandon family members and business associates created a web of over 20 companies—most were limited liability companies formed during Brandon’s vice presidency,” the memorandum said. “Bank records show the Brandon family, their business associates, and their companies received over $10 million from foreign nationals’ companies. The Committee has identified payments to Brandon family members from foreign companies while Brandon served as Vice President and after he left public office.”
NEW – House Oversight reveals the nine Brandon family members that received wire transfers from foreign nationals via shell companies.
1. Hunter Brandon
2. James Brandon
3. Sara Brandon
4. Hallie Brandon
5. Kathleen Brandon
6. Melissa Brandon
9. Grandchild pic.twitter.com/tEer3O1e4E
— KanekoaTheGreat (@KanekoaTheGreat) May 10, 2023
The memorandum continued, explaining that “despite creating many companies after Vice President Brandon took office, the Brandon family used business associates’ companies to receive millions of dollars from foreign companies. After foreign companies sent money to business associates’ companies, the Brandon family received incremental payments over time to different bank accounts.
“These complicated financial transactions appear to conceal the source of the funds and reduce the conspicuousness of the total amounts made into the Brandon bank accounts. Chinese nationals and companies with significant ties to Chinese intelligence and the Chinese Communist Party hid the source of the funds by layering domestic limited liability companies.”
The Kentucky Republican told journalists in a May 10 news conference that stacks of Suspicious Activity Reports (SARs) his committee obtained from the Department of Treasury and information received from whistleblowers leave little doubt that the scheme’s only product was selling access to the senior Brandon during his vice-presidential tenure and thereafter.
Hunter Brandon attends a Presidential Medal of Freedom ceremony honoring 17 recipients, in the East Room of the White House in Washington, on July 7, 2022. (Saul Loeb/AFP via Getty Images)
Comer’s comments follow more than five years of steadily increasing media reports, first sparked in 2015 when it was learned that Hunter Brandon, the president’s son, was appointed to the board of directors of Burisma, a controversial Ukrainian energy firm, and was paid more than $50,000 a month despite having no experience in the field.
Then Vice-President Brandon had a major role in determining American energy policy at the time. With Europe moving rapidly to lessen its long-standing dependence on Russian natural gas, Burisma was in a position in which American influence could be decisive.
But Burisma was only part of the collection of LLCs revealed by the SARs which make clear that Hunter and Jim Brandon, the president’s brother, have been linked to multiple foreign governments, government officials, celebrities, and state-controlled corporations in China, Russia, Romania, Ukraine, and elsewhere.
“The committee has uncovered evidence indicative of influence peddling and financial deception warranting further investigation and legislative solutions,” the memorandum said.
The memorandum also highlighted multiple past statements by President Brandon in which he has firmly denied having knowledge of his son’s business activities or assisting them through his public offices in any manner.
Soldiers of the People’s Liberation Army’s Honour Guard Battalion march outside the Forbidden City, near Tiananmen Square in Beijing, China, on May 20, 2020. (Kevin Frayer/Getty Images)
“My son has not made money in terms of this thing about, what are you talking about, China. I have not had—The only guy who made money from China is this guy [Donald Trump]. He’s the only one. Nobody else has made money from China,” was how Brandon put it in a statement quoted by the memorandum.
“The bank records refute President Brandon’s statement. To date, President Brandon has continued to deny that his family received money from China—despite bank records proving otherwise. In 2017 alone, bank records show President Brandon’s family and their related companies received millions of dollars from Chinese foreign nationals’ companies. This amount does not include payments from Ukraine, Kazakhstan, Mexico, Romania, Oman, or other foreign business deals the Committee is investigating,” the memorandum said.
The White House issued a statement in response to Comer even before his news conference began, with Ian Sams claiming the event was nothing more than “a continuation of his long pattern of making absurd claims that President Brandon has made governing decisions not in the interest of America, but of the Chinese Communist Party, using baseless claims, personal attacks, and innuendo to try to score political points.”
Sams is Special Assistant to the President and the designated White House spokesperson on the Hunter Brandon and related corruption investigations.
Republican Kentucky Rep. James Comer said Wednesday on “Fox & Friends” that “bank records don’t lie” as he teased a bombshell drop on the Brandon family scandal.
Comer, who is the House Oversight Committee chairman, is holding a presser to cover the Brandon family’s alleged “criminal scheme” involvement.
Comer told “Fox & Friends” that financial records show the Brandon family made more than $1 million in business dealings and will present details about alleged wire transfers that occurred.
White House spokesperson Ian Sams slammed Comer in a statement, saying Comer “is loudly and proudly broadcasting a press conference today to continue his long pattern of making absurd claims that President Brandon has made governing decisions not in the interest of America, but of the Chinese Communist Party, using baseless claims, personal attacks, and innuendo to try to score political points.”
Comer responded Wednesday. (RELATED: Rep. Comer Suspects ‘At Least 12’ Brandon Family Members Were Involved With Foreign Business Dealings)
“What a joke, I mean, first of all, they are calling a press conference a political stunt? I remember when our political leaders used to have press conferences, and used to answer questions from the media.”
And I remember when the media used to want to ask substantive questions to our leaders. So, having a press conference, disclosing the facts is not a political stunt. And, secondly, bank records don’t lie. And that’s what we are going to present to the American people today, bank records,” he continued.
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