We Now Have Even Extra Particulars About James Comer’s Shady Shell Firm

The person main the Biden impeachment inquiry has apparently engaged in almost similar conduct that he has hounded the president over.

In a scathing new report, the Associated Press discovered {that a} shell firm held by the chair of the Home Oversight Committee James Comer functioned “in a equally opaque means” because the Biden household’s personal corporations.

For months, Comer has harangued the Biden household for leveraging their identify to conduct enterprise offers and for utilizing shell corporations to cloud their transactions with overseas events and shady figures, indicting the president’s son Hunter Biden on 9 tax expenses associated to the shell corporations.

However a sequence of interviews and information searches carried out by the AP confirmed that the Kentucky Republican did one thing remarkably comparable, transferring a six-acre parcel of land co-owned with one in every of his main marketing campaign donors, Darren Cleary, to a shell firm he created in 2017 along with his spouse.

The property has grown in worth since its unique buy, leaping from a valuation of between $50,000 and $100,000 on the time of buy to $500,001 and $1 million, in response to Comer’s monetary statements obtained by the outlet. That flies within the face of not solely Comer’s self-purported, squeaky-clean popularity but in addition Home guidelines, which require members of Congress to reveal all property held by corporations value greater than $1,000.

“That is truly an actual downside that anti-corruption activists would like to get legislative reform on,” Kathleen Clark, a regulation professor at Washington College in St. Louis, advised the AP. “It’s laborious to hint property held in shell corporations. His is an effective instance.”

Final month, Democrats railed on the Kentucky Republican following a Daily Beast report that exposed the primary inklings that Comer had engaged in his personal shell firm, involving intra-family enterprise dealings. On the time, Commer snapped back that it was the type of factor “solely dumb, financially illiterate individuals choose up on.”