Bank records obtained by the House Oversight Committee have brought to light a substantial $6.5 million payout to Hunter Biden from Ukrainian energy firm Burisma, contradicting his professed altruistic motives for joining the company’s board.
Financial Motivations Unveiled
Contrary to Hunter’s assertions that his decision to join Burisma was driven by a desire to support Ukrainian companies facing challenges from pro-Putin forces, a detailed scrutiny of emails and financial records paints a starkly different picture.
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An email from a top Burisma executive, just a day before Hunter’s statement, outlined plans for monthly fees to be disbursed to directors, including Hunter and his business partner, Devon Archer. This contradicts Hunter’s narrative that his involvement was solely altruistic.
Further revelations come to light through email exchanges between Hunter and Archer from May 2014, exposing the financial motivations behind their roles. Discussions about potential earnings from Burisma indicate a calculated plan to capitalize on their board memberships.
Hunter’s attempt to leverage his connections, including his father, then-Vice President Joe Biden, for a higher retainer reveals a strategic approach to maximize financial gain.
Lucrative Deal and Denials Unraveled
Bank records cited by the House Oversight Committee investigating Biden’s foreign business dealings reveal a deal between Hunter, Archer, and Burisma for a substantial annual payment of $1 million, equivalent to approximately $83,333 per month. Payments commenced in mid-April 2014, directly contradicting Hunter’s claim that he stood to gain nothing financially.
The committee’s report discloses that Hunter and Archer received a total of $6.5 million, with a staggering $3.32 million attributed to 2014 and 2015 alone.
Controversy Intensifies Amid Questionable Timing
The controversy surrounding Hunter deepens as emails surface, indicating his gratitude for extravagant birthday gifts from a top Burisma executive merely two months before the firing of the top Ukraine prosecutor investigating the company. This raises critical questions about the nature of Hunter’s relationship with Burisma’s leadership, particularly in light of the prosecutor’s untimely dismissal.
Legal Challenges and Tax-Related Charges
Adding another layer to the unfolding saga, Hunter faces legal challenges in California with a recent indictment featuring nine new tax-related charges. The indictment underscores his substantial earnings from Burisma’s board and his involvement with Chinese energy conglomerate CEFC China Energy Co Ltd. Allegations assert that Hunter failed to pay over $1 million in federal income taxes during a four-year scheme.
President Biden’s Potential Involvement Raises Questions
As the House Oversight Committee delves deeper into Hunter’s business dealings, questions emerge regarding President Biden’s potential involvement. Despite Hunter’s denial of any financial connection between his father and his business, concerns persist, with ongoing investigations attempting to ascertain the extent of President Biden’s awareness and involvement in his son’s financial affairs.
