Hunter Biden’s financial benefactor provides Congress with details of $6.5 million in loans to the president’s son
Hunter Biden She received more than $6.5 million in five separate loans over two years from entertainment lawyers Kevin Morrisaccording to a letter sent this week to a congressional committee involved in the GOP impeachment inquiry into President Joe Biden.
A copy of Morris’ letter, obtained by NBC News, details the dates, amount and terms of the loans issued to him The president’s son Starting in 2021. Among the loans included in the letter to the House Oversight Committee is a loan recently issued last month for $1.2 million to be repaid in full by 2028, with any accrued and previously unpaid interest due the following year.
The interest rate for all five loans was set at 5% and was negotiated by separate attorneys, the letter said.
An Oversight Committee spokesman did not immediately respond to a request for comment Friday night, nor did Hunter Biden’s attorney.
The letter comes a week after Morris, a Hollywood-based attorney who met with Hunter Biden in 2019, sat down for a written interview with the Republican-led committee and discussed loaning the president’s son millions of dollars to pay his tax bills. Committee staff have requested copies of the loan documents — which the committee has not yet received.
During nearly six hours of closed-door testimony before staff and members of the House Oversight, Judiciary, and Ways and Means committees last week, Morris provided details about how he met Hunter Biden at a fundraiser for his father’s presidential campaign in 2019. He was motivated by Hunter Biden’s struggle, not Nominated by his father, he discussed loans he issued in the form of direct payments to third parties to cover rent, child support, legal fees for other attorneys, and outstanding tax liabilities for the years 2016 through 2019.
House Republicans targeted Biden in their impeachment inquiry into the president. House Oversight Committee Chairman James Comer, R-Ky., accused Hunter Biden and other members of the president’s family of engaging in “suspicious business practices” but did not provide concrete evidence of wrongdoing or influence peddling by the president.
Rob Walker is the latest known aide to the president’s son to attend a closed-door interview with the House Oversight and Judiciary committees on Friday morning.
Walker told the committees that his business endeavors with Hunter Biden were “within the bounds of legitimate business activities” and that the president had never been involved while in office or as a private citizen, according to a copy of his opening statement obtained by NBC News.
“To be clear, President Biden – while in office or as a private citizen – did not engage in any of our business activities. Any statement to the contrary is simply false,” Walker said. “Hunter made sure there were always clear boundaries between a business and his father. Always. As his partner, I always understood and respected those boundaries.”
After in the beginning Defying a subpoena from Congress Which requested a closed filing, Hunter Biden is expected to do so Show up for a closed door deposit With the House Oversight and Judiciary Committees on February 28.
He also faces federal charges in two separate cases. Biden was indicted in California last month in nine days Tax-related feesincluding three criminal charges, and he later pleaded guilty Not guilty. He also pleaded not guilty in a separate indictment against the federal government Weapon fees.
This article was originally published on NBCNews.com