SUMMARY
Since taking the gavel in January, the Committee on Oversight and Accountability has accelerated its investigation of the Biden family’s domestic and international business practices to determine whether the Biden family has been targeted by foreign actors, President Biden is compromised, and our national security is threatened. Records obtained through the Committee’s subpoenas to date reveal that the Bidens and their associates have received over $20 million in payments from foreign entities.

Below is a timeline that details key dates in our investigation.

The main points of interest are:

1) Romania: On September 28, 2015, Vice President Biden welcomed Romanian President Klaus Iohannis to the White House. Within five weeks of this meeting, a Romanian businessman involved with a high-profile corruption prosecution in Romania, Gabriel Popoviciu, began depositing a Biden associate’s bank account, which ultimately made their way into Biden family accounts. Popoviciu made sixteen of the seventeen payments, totaling over $3 million, to the Biden associate account while Joe Biden was Vice President.  Biden family accounts ultimately received approximately $1.038 million.  The total amount from Romania to the Biden family and their associates is over $3 million.

2) China- CEFC: On March 1, 2017—less than two months after Vice President Joe Biden left public office—State Energy HK Limited, a Chinese company, wired $3 million to a Biden associate’s account. This is the same bank account used in the above “Romania” section. After the Chinese company wired the Biden associate account the $3 million, the Biden family received approximately $1,065,692 over a three-month period in different bank accounts. Additionally, the CEFC Chairman gives Hunter Biden a diamond worth $80,000. Lastly, CEFC creates a joint venture with the Bidens in the summer of 2017.  The timeline lays out the “WhatsApp” messages and subsequent wires from the Chinese to the Bidens of $100,000 and $5 million. The total amount from China, specifically with CEFC and their related entities, to the Biden family and their associates is over $8 million.

3) China- Bohai Harvest RST Equity Investment Fund Management Co., Ltd. (BHR): More information will be provided in our upcoming Fourth Bank Memorandum.

4) Kazakhstan: On April 22, 2014, Kenes Rakishev, a Kazakhstani oligarch used his Singaporean entity, Novatus Holdings, to wire one of Hunter Biden’s Rosemont Seneca entities $142,300. The very next day—April 23, 2014—the Rosemont Seneca entity transferred the exact same amount of money to a car dealership for a car for Hunter Biden. Hunter Biden and Devon Archer would represent Burisma in Kazakhstan in May/June of 2014 as the company attempted to broker a three-way deal among Burisma, the Kazakhstan government, and a Chinese state-owned energy company.

5) Ukraine: Devon Archer joined the Burisma board of directors in spring of 2014 and was joined by Hunter Biden shortly thereafter.  Hunter Biden joined the company as counsel, but after a meeting with Burisma owner Mykola Zlochevsky in Lake Como, Italy, was elevated to the board of directors in the spring of 2014.  Both Biden and Archer were each paid $1 million per year for their positions on the board of directors.  In December 2015, after a Burisma board of directors meeting, Zlochevsky and Hunter Biden “called D.C.” in the wake of mounting pressures the company was facing.  Zlochevsky was later charged with bribing Ukrainian officials with $6 million in an attempt to delay or drop the investigation into his company.  The total amount from Ukraine to the Biden family and their associates is $6.5 million.

6) Russia: On February 14, 2014, a Russian oligarch and Russia’s richest woman, Yelena Baturina, wired a Rosemont Seneca entity $3.5 million.  On March 11, 2014, the wire was split up: $750,000 was transferred to Devon Archer, and the remainder was sent to Rosemont Seneca Bohai, a company Devon Archer and Hunter Biden split equally.  In spring of 2014, Yelena Baturina joined Hunter Biden and Devon Archer to share a meal with then-Vice President Biden at a restaurant in Washington, D.C.  The total amount from Russia to the Biden family and their associates is $3.5 million.

Beyond this timeline, here are links to our First, Second, and Third Bank Memorandums that provide detailed descriptions and show actual bank records and wires.