The House Oversight Committee has gained access to suspicious activity reports (SARs) pertaining to Hunter Biden’s financial transactions and foreign business deals by the Biden family. This development came after Chairman James Comer requested information from the Treasury Department about the Biden family’s business transactions, which were flagged by US banks. The agency has granted lawmakers with “in camera access” to the requested SARs after initially dragging its feet for two months.

Comer expressed his frustration with the Treasury Department’s lack of accommodations in complying with his request for information. He called on the agency’s official, Jonathan Davidson, to appear before the committee for a transcribed interview to explain why they had not provided the requested information. However, the interview has been postponed now that the Treasury has agreed to provide access to the SARs.

The investigation into Hunter Biden’s tax affairs began in 2018 and was partly prompted by SARs related to some foreign transactions. Sources familiar with the investigation revealed that the SARs involved funds from “China and other foreign nations.” The House Oversight Committee has already collected documents and records relating to the Biden family’s business dealings.

Comer subpoenaed Bank of America for more than ten years of financial records belonging to three of Hunter Biden’s business associates, including Rob Walker. One of the associates’ records being turned over to the committee belongs to Rob Walker, who worked with Hunter Biden, President Biden’s brother Jim, their business associate James Gilliar, and Tony Bobulinksi in a joint-venture called Sinohawk Holdings. The joint venture was meant to be a partnership with Chinese energy firm CEFC.

According to bank documents obtained by the committee, one company owned by a Biden associate received a $3 million wire from a Chinese energy company two months after Joe Biden left the vice presidency. Soon after, hundreds of thousands of dollars in payouts went to members of the Biden family. Comer vowed to use bank documents and suspicious activity reports to follow the money trail to determine the extent of the Biden family’s business schemes, whether Joe Biden is compromised by these deals, and if there is a national security threat.

The investigation into Hunter Biden’s tax affairs is being led by Delaware US Attorney David Weiss. Fox News first reported the existence of an investigation involving Hunter Biden in October 2020, ahead of the last presidential election. The FBI subpoenaed the laptop purportedly belonging to Hunter Biden in the course of an existing money laundering investigation. Hunter Biden confirmed the investigation into his tax affairs in December 2020, after his father was elected president.

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