President Joe Biden, Left, With Jim Biden, Right. Photo Credit: Rick Friedman/Corbis Via Getty Images
According to a report by the Washington Examiner published on Sunday, April 28, 2024, Jim Biden’s alleged business ties to Qatar may be deeper than previously thought.
These claims are linked to a recent report that detailed new information about the connections between President Joe Biden’s brother and the Qatari government.
Testimony obtained by Politico from fund manager Michael Lewitt, a former business partner of Jim Biden’s, revealed that two companies, the Platinum Group USA and Obermeyer Engineering Consulting, involved in Jim Biden’s efforts to secure funding for U.S. healthcare ventures, were part-owned by “members of the Qatari government.”
The testimony provided in a Kentucky bankruptcy court suggests that these alleged arrangements represent the closest financial ties between a presidential relative and a foreign government.
Lewitt’s testimony revealed that the Platinum Group USA was a direct partner of Jim Biden, while Obermeyer Engineering Consulting provided financial backing for loans arranged by Jim Biden for a hospital chain.