.GOPoversight released a new bank memo showing that Hunter Biden and his business associates received millions of dollars from foreign oligarchs and sources while his father was vice president.
The memo shows how Hunter Biden, along with his former business partner Devon Archer, used their investment company, Rosemont Seneca Partners and its associated companies and bank accounts, to wire money they would receive from foreign oligarchs through different accounts. Hunter Biden was chairman of Rosemont Seneca Partners.The release of the memo comes a little over a week after Archer sat for a transcribed interview before Oversight Committee staff last Monday.
About a month later, Rosemont Seneca Thornton wired $750,000 to Archer and $2.7 million to a bank account for another company of Archer’s and Biden’s, Rosemont Seneca Bohai. A similar process was used for wiring money when Rakishev, the Kazakhstani oligarch, appeared to purchase a car for Hunter Biden.
“[Joe Biden] entered the room and shook everybody's hand,” Archer testified. “And, you know, the conversation — you know, again, I don't want to be — it's important that I'm accurate. I don't really remember it. You know, I don't — not really. I don't remember the conversation. I just remember that he was — he came to dinner, and we ate, and kind of talked about the world, I guess, and the weather, and then everybody — everybody left.
The memo also outlines how Hunter Biden was paid by Burisma, a Ukrainian energy company where he and Archer sat on the board. Both received around $3.32 million from Burisma between 2014 and 2015, which aligns with what the two Internal Revenue Service whistleblowers testified.
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