House Republicans say the president’s son Hunter sold favours and have published receipts.
The House Oversight Committee on Wednesday published receipts showing Hunter Biden, the son of current US President Joe Biden, receiving money from Russia, Ukraine, and Kazakhstan by trading on the family name.
The committee says it has identified $20 million in payments from foreign sources to Hunter Biden’s company, which they describe as a front to sell access to the “Biden network” while his father was Barack Obama’s vice-president (2009-2017).
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia, and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself. And Hunter Biden seems to have delivered,” said committee chair James Comer, a Kentucky Republican.
The third bank memo Comer has published so far shows a February 14, 2014 wire transfer from “Russian oligarch Yelena Baturina” to Rosemont Seneca Thornton, a shell company run by Hunter Biden and his business partner Devon Archer. Of the $3.5 million wired by Baturina, $1 million was transferred directly to Archer, while the rest was used to start up Rosemont Seneca Bohai, a new account used to receive more funding from abroad, the committee said.
Another memo shows that Biden and Archer were both appointed to the board of directors of Burisma Holdings, a Ukrainian gas company run by Mykola Zlochevsky, for $1 million each per year. Burisma had previously paid Biden as counsel, but invited him and Archer to the board after a meeting hosted by Zlochevsky and Burisma corporate secretary Vadim Pozharsky in the spring of 2014 at Lake Como in Italy.
“Then-Vice President Joe Biden visited Ukraine soon after their first payments,” the committee noted, and Hunter claimed that the visit showed “value” that he provided to the company.
The third notable transaction took place in April 2014, when “Kazakhstani oligarch” Kenes Rakishev wired $142,300 to Rosemont Seneca Bohai. The very next day, the company paid Hunter Biden the same exact amount for a sports car. Hunter had met Rakishev at a Washington, DC hotel in February.
“Hunter Biden received millions of dollars in payments from Yelena Baturina, Burisma, and Kenes Rakishev. Vice President Biden had dinner with them in the spring of 2014 and 2015 in Washington, DC,” the committee pointed out.
Joe Biden was the Obama administration’s point man for Ukraine policy after the 2014 Maidan coup in Kiev, and famously bragged at a 2018 DC event about getting a prosecutor fired by threatening to withhold loan guarantees. The prosecutor in question had been investigating Burisma. When then-president Donald Trump brought the incident up in 2019 talks with Kiev, the House Democrats impeached him, claiming this somehow violated US laws.