Home » World News » Biden family makes ‘admission of corruption’ in foreign business deals: China expert
Biden family makes ‘admission of corruption’ in foreign business deals: China expert
Biden family likely guilty of ‘payoffs, influence peddling, corruption’ with China: Gordon Chang
Gatestone Institute senior fellow and author Gordon Chang argues Biden must acknowledge the reality that China and Russia are building ‘a core of a new axis.’
After President Biden claimed allegations of family payments from Hunter Biden’s business associate are "not true," one China expert and author has signaled an "admission of corruption" from the First Family.
"The spokesperson for Hunter Biden's legal team said that, oh, this is okay because this was seed money, good faith seed money," Gatestone Institute senior fellow Gordon Chang said on "Mornings with Maria" Monday. "Now, in these types of transactions, nobody pays millions of dollars without a contract."
On Thursday, GOP lawmakers on the House Oversight Committee revealed that they had obtained bank documents showing that the president's son, Hunter, the president's brother, Jim, and Hallie Biden, the widow of the president's late son, Beau, received payments from Hunter's business associate Rob Walker and their joint venture with Chinese energy firm CEFC.
A spokesperson for Hunter Biden's legal team confirmed the payments Thursday, but emphasized that the recipients' accounts "belonged to Hunter, his uncle and Hallie – nobody else."
When approached by a reporter on the White House lawn Friday, Biden denied that the payments were made, saying, "That’s not true."
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Then, Hunter’s legal team accused Republicans of pushing a "baseless right-wing conspiracy theory" with a spokesperson stating the capital was part of "good faith seed funds."