Thursday, February 24, 2022

Just Spitballing

"On April 16, 2014, Vice President Biden met with his son’s business partner, Devon Archer, at the White House. Five days later, Vice President Biden visited Ukraine, and he soon after was described in the press as the “public face of the administration’s handling of Ukraine.” The day after his visit, on April 22, Archer joined the board of Burisma. Six days later, on April 28, British officials seized $23 million from the London bank accounts of Burisma’s owner, Mykola Zlochevsky. Fourteen days later, on May 12, Hunter Biden joined the board of Burisma, and over the course of the next several years, Hunter Biden and Devon Archer were paid millions of dollars from a corrupt Ukrainian oligarch for their participation on the board. The 2014 protests in Kyiv came to be known as the Revolution of Dignity — a revolution against corruption in Ukraine. Following that revolution, Ukrainian political figures were desperate for U.S. support. Zlochevsky would have made sure relevant Ukrainian officials were well aware of Hunter’s appointment to Burisma’s board as leverage. Hunter Biden’s position on the board created an immediate potential conflict of interest that would prove to be problematic for both U.S. and Ukrainian officials and would affect the implementation of Ukraine policy. The Chairmen’s investigation into potential conflicts of interest began in August 2019, with Chairman Grassley’s letter to the Department of Treasury regarding potential conflicts of interest with respect to Obama administration policy relating to the Henniges transaction.1 During the Obama administration, the Committee on Foreign Investment in the United States (CFIUS) approved a transaction that gave control over Henniges, an American maker of antivibration technologies with military applications, to a Chinese government-owned aviation company and a China-based investment firm with established ties to the Chinese government. One of the companies involved in the Henniges transaction was a billion-dollar private investment fund called Bohai Harvest RST (BHR). BHR was formed in November 2013 by a merger between the Chinese-government-linked firm Bohai Capital and a company named Rosemont Seneca Partners. Rosemont Seneca was formed in 2009 by Hunter Biden, the son of then-Vice President Joe Biden, by Chris Heinz, the stepson of former Secretary of State John Kerry, and others.2" Wouldn't it be a scream if Russian troops sacked the Burisma headquarters, discovered and made public solid proof of Joe and Hunter Biden's corrupt dealings? https://www.hsgac.senate.gov/imo/media/doc/HSGAC_Finance_Report_FINAL.pdf "f. Conclusion Hunter Biden’s role on Burisma’s board hindered the efforts of dedicated career-service individuals who were fighting for anticorruption measures in Ukraine. Because the vice president’s son had a direct link to a corrupt company and its owner, State Department officials were required to maintain situational awareness of Hunter Biden’s association with Burisma. Unfortunately, U.S. officials had no other choice but to endure the “awkward[ness]” of continuing to push an anticorruption agenda in Ukraine while the vice president’s son sat on the board of a Ukrainian company with a corrupt owner, earning tens of thousands of dollars a month. As Kent testified, he “would have advised any American not to get on the board of Zlochevsky’s company.” 58 Yet even though Hunter Biden’s position on Burisma’s board cast a shadow over the work of those advancing anticorruption reforms in Ukraine, the Committees are only aware of two individuals who raised concerns to their superiors. Despite the efforts of these individuals, their concerns appear to have fallen on deaf ears."

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