NEW: Impeachment Testimony of Biden’s Brother

( – In a truly dubious congressional testimony, James Biden has alleged that his brother, Joe Biden, has had “no direct or indirect” role in any of the former’s business ventures and is innocent of corruption claims – even though the president has met with family associates.

74-year-old James Biden spoke in a “defiant tone” on Wednesday before the House impeachment inquiry into the president, The New York Post reports.

Joe Biden’s brother maintained that the two checks he issued to the president were genuine loan reimbursements.

“Joe Biden has never had any involvement or any direct or indirect financial interest,” he said.

During approximately eight hours of deposition, the first brother “altered his account” regarding the timing of his business engagement with the Chinese state-supported CEFC China Energy.

He disclosed that the Chinese company bestowed a diamond on Hunter, the first son, as a gift during his father’s tenure as vice president, followed by a second diamond later, as per a source to The Post.

James disposed of the first diamond after Hunter requested its appraisal.

The president’s brother declared there was no written loan agreements with Joe Biden that could substantiate $240,000 purportedly loaned, which James appeared to repay with money from foreign-focused business activities in 2017 and 2018.

He clarified that President Biden, aged 81, had no knowledge of the origins of these funds.

James also acknowledged receiving substantial personal loans, including from Democratic donors, some of which remain unsettled.

His initial statement drew Republican attention due to discrepancies with existing documentation and evidence regarding his involvement with CEFC China Energy.

“James Biden initially stated he was not involved in a deal with Rob Walker, Hunter Biden, James Gilliar, and Tony Bobulinski. However, when confronted with a document bearing his signature, he revised his statement to not recalling the signing of that agreement,” informed a source familiar with his testimony.

In his opening remarks, James declared his unawareness of funds received from the Chinese company in early 2017 after CEFC transferred $3 million to Walker for distribution, a fact he “recently” learned.

As per bank records, he received $360,000 from this amount through five transactions between April 3 and May 18, 2017.

“I received several payments in the spring of 2017 that I understood to come from Hunter. I did not know then — but have learned recently — that the money I received was a portion of Hunter’s share directed by Mr. Walker to me,” James stated.

Walker, in his January 26 testimony to the impeachment inquiry, mentioned phone conversations with James about these transfers.

The precise value and timing of the initial diamond gifted to Hunter Biden remain unclear, the report points out.

He later provided Hunter with a 2.8-carat diamond in February 2017, potentially valued at $80,000.

Walker detailed a transaction where $3 million in CEFC funds, partially directed to the Bidens, followed a meeting between Joe Biden and CEFC Chairman Ye Jianming at DC’s Four Seasons hotel.

He said the funds were gratitude for previous services, a relationship that began in 2015 during Joe Biden’s vice presidency.

James Biden claimed a dedication to integrity and professional independence from his brother.

“Because of my intimate knowledge of my brother’s personal integrity and character, as well as my own strong ethics, I have always kept my professional life separate from our close personal relationship,” he affirmed.