According to Fox News, the House Oversight Committee has subpoenaed bank records that show Hunter Biden and members of his family received funds which originated from a Chinese company.

Yet in a bizarre moment late last week, President Joe Biden denied any such payments took place despite his son's spokesperson confirming that they had.  

"That's not true"

The president's denial came on Friday evening outside the White House after was asked by a reporter to comment on the House Oversight Committee's discovery. "That's not true," he responded.

I have never seen Biden this scared: Joe Biden gets terrified when he hears the report of $1 million plus payment from Chinese energy company. The reverse walk tells it all. pic.twitter.com/S68kKTSHTO

— Dom Lucre | Breaker of Narratives (@dom_lucre) March 19, 2023

However, Fox News pointed to a memo from Chairman James Comer which detailed how in 2017 a Chinese-owned company called State Energy HK Limited sent $3 million to a bank account in the name of Robinson Walker, LLC.

Cash split up among president brother, son, and daughter-in-law

Thereafter, $1,065,000 was wired to another account held by the European Energy and Infrastructure Group, an Abu Dhabi-based company connected to Hunter Biden business associate James Gillar.

Comer explained that "Biden family members and their companies began receiving incremental payments over a period of approximately three months" after the funds were transferred.

"The recipients of the money included Hallie Biden, companies associated with Hunter Biden and James Biden, and an unknown bank account identified as 'Biden,'" Comer's memo read.

James Biden is a younger brother of Joe Biden while Hallie Biden was the wife of Beau Biden and at one point Hunter Biden's lover.

Hunter Biden spokesperson confirms committee's findings

A spokesperson for Hunter Biden's legal team did not dispute those claims but told Fox News, "Hunter Biden, a private citizen with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China."

"As part of that joint venture, Hunter received his portion of good faith seed funds which he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved with at the time, and sharing expenses," the spokesperson added.

Meanwhile, the White House put out a statement of its own which condemned Comer for maligning the president's deceased son Beau Biden.

"After a disgusting attack lamenting that the President’s deceased son Beau was never prosecuted while he was alive, Congressman Comer has now decided to go after Beau’s widow," Fox News quoted White House spokesman Ian Sams as saying.

"Instead of bizarrely attacking the President’s family, perhaps House Republicans should focus on working with the President to deliver results for American families on important priorities like lowering costs and strengthening health care," Sams insisted.