from The National Pulse:

James Biden, the brother of President Joe Biden, acknowledged during his recent impeachment inquiry testimony that he had written a $40,000 check to former Vice President Joe Biden in 2017 using funds obtained from a company with alleged links to the Chinese government. During the February 21st interview with Members of Congress, James Biden admitted that the funds originated from Beijing-controlled CEFC China Energy.

Bank records subpoenaed for the investigation showed just $46.88 remaining in James Biden’s bank account before he received a $50,000 payment, days before the $40,000 check went to his brother Joe. The source of the $50,000 was traced back to Lion Hall Group, an entity owned by James Biden. His lawyer, Paul Fishman, argued that tracing the exact origin of the money was complicated due to its fungible nature.

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Evidence was presented that, between November 2022 and July 2023, James Biden received $840,000 in four separate transfers from Argentinian businessman Jose Luis Manzano. According to Biden, the amount was paid for half of his stake in Manzano’s holdings in Argentinian natural gas company Metrogas. Manzano had tasked James Biden with managing an effort to attract Mexican billionaire Carlos Slim to invest in Argentina’s 4G network. Slim ultimately declined Biden’s investment offer.

The impeachment inquiry testimony also shed light on additional international business schemes by James Biden. He disclosed that in 2018, he made a $200,000 loan repayment to Joe Biden using funds obtained from financially distressed rural hospital company Americore. James Biden said he used the loan from his brother to secure investment from Qatar for infrastructure projects, including hotel construction in Miami.

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