Kevin Morris loaned Hunter Biden about $6.5 million, more than $1 million more than originally estimated and discussed, his lawyers said in a letter this week.
Fox News obtained a letter from Kevin Morris' attorney to the House Oversight Committee this week. The letter provides a breakdown of the loan and when Mr. Morris wants it repaid.
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Mr. Morris was subpoenaed to appear before a committee to give a transcript of the interview as part of the House impeachment inquiry.
Morris testified in an interview that he loaned Hunter Biden at least $5 million to begin paying his tax debt.
Hunter Biden, son of U.S. President Joe Biden, flanked by Kevin Morris (left) and Abby Lowell (right), attends a House Oversight Committee meeting in Washington, DC, January 10, 2024. Mr. The committee is meeting today to consider charging him with contempt of Congress. (Kent Nishimura/Getty Images)
Sources told Fox News that Morris and his attorney made estimates during the meeting and promised to follow up on the exact numbers loaned to his eldest son.
The letter states that the amount is $1.6 million more than Morris estimated during the interview.
Morris gave Hunter Biden a loan of approximately $1.4 million on October 13, 2021. According to the letter, Hunter Biden was to pay $500,000 by October 1, 2026, and the remaining $417,634 with interest by October 1, 2027.
A few days later, Morris loaned Hunter Biden $2.6 million and directed him to pay it back by October 1, 2029. Morris' attorney said the loan was “used to pay Mr. Biden's taxes, among other debts.” It's the I.R.S. ”
On October 17, 2022, Morris loaned Hunter Biden $640,355 to be repaid by October 15, 2027.
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On December 30, 2022, Morris loaned Hunter $685,813.99, to be repaid by October 15, 2027.
On December 29, 2023, Morris loaned Hunter approximately $1.2 million, to be repaid by October 15, 2028, with interest paid in full by October 2029.
“Each of these notes carries a 5% interest rate and payment deadline, as negotiated by Mr. Morris and Mr. Biden's separate attorneys,” the letter said. state.
Hunter Biden (center) and his attorneys Abby Lowell (right) and Kevin Morris (left) at the Rayburn Building for a resolution recommending that the House of Representatives find Robert Hunter Biden in contempt of Congress. Leaving House Oversight and Accountability Committee Markup entitled. Wednesday, January 10, 2024. (Tom Williams/CQ-Roll Call, Inc, via Getty Images)
Mr. Morris' lawyer (whose name has been redacted) said in the letter that House Oversight Committee Chairman James Comer and “other members” had “not allowed Mr. Morris' testimony to be falsely portrayed in public statements.” He claimed that he ignored our requests to refrain from doing so.
“Once again, I ask that this letter and its information not be taken out of the context of the questions and answers given by Mr. Morris in a transcribed press conference on January 18, 2024,” the attorneys wrote. “Nothing in this letter shall be deemed a waiver of any of my client's rights, objections, or claims, all of which are expressly reserved.”
“As far as the loan goes, I'm confident that Mr. Hunter will repay it. I expect to receive something from Mr. Hunter's father and the Biden administration in return for helping Mr. Hunter,” Morris told a House committee last week. I haven't, and I don't have any expectations for it in the future.” I asked President Biden or his administration for something. ”
Special Counsel David Weiss indicted Biden on nine federal tax charges, including three felonies and six misdemeanors. $1.4 million in unpaid taxes What has since been paid.
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Weiss indicted Hunter in December, alleging a “four-year scheme” in which the president's son failed to pay federal income taxes and also filed false tax returns from January 2017 to October 2020. did.
Hunter Biden has pleaded not guilty to all charges.
Mr. Weiss also indicted his eldest son on federal firearms charges in Delaware last year. Hunter Biden also pleaded not guilty to these charges. His lawyer is trying to have the case dismissed.
FOX News' Lee Roth contributed to this report.
