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Ukraine Lawmaker Alleges Hunter

Biden and Partners Received $16.5
Million 'Obtained by Criminal
Means' - Report
Ukraine Lawmaker Levels Major Accusation Against Hunter Biden

By Randy DeSoto
Published November 20, 2019 at 6:18pm

A Ukrainian member of Parliament alleged on Wednesday

that $16.5 million received by former Vice President Joe
Biden’s son, Hunter Biden, and his partners through Burisma
Holdings was stolen from Ukrainian citizens.

Hunter Biden took at position on the board of the Ukrainian

natural gas firm Burisma Holdings in April 2014, months
after his father had been named the Obama administration’s
point man for Ukraine, The Wall Street Journal reported.

An official with ties to Burisma told The Journal Biden’s

compensation was around $50,000 per month.

The position with the company ended in April of this year,

the same month Joe Biden announced his presidential
candidacy.

Over the course of the five years that Hunter Biden was on
the Burisma board, he would have earned $3 million in
compensation.

Ukrainian Member of Parliament Andriy Derkach stated that

the Ukrainian Prosecutor General’s Office has reason to
believe Burisma’s owner Mykola Zlochevsky obtained the
funds paid to Biden and his associates by “criminal means.”

“The PGO document once again confirms the data I had

previously published on Burisma and international
corruption. According to Zlochevsky’s suspicion notice, Biden
and partners received their $16.5 million for their services to
Burisma,” Derkach said at a news conference in Kiev,
according to Interfax-Ukraine.

“Biden received funds not due to the successful activity of

Burisma or for brilliant business decisions or
recommendations. This is the money of Ukrainian citizens.
The funds were obtained by criminal means. That’s what
they say in the PGO,” the member of parliament said.

Derkach went on to detail, based on investigative journalist

reports, that Zlochevsky laundered funds from the
Yanukovych criminal organization in the Ukraine through
three companies in Latvia.

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Derkach pointed out that Ex-Prosecutor General Viktor

Shokin had repeatedly been in contact with the National
Anti-corruption Bureau of Ukraine in the context of criminal
proceedings regarding Burisma.

Shokin’s activities caught Joe Biden’s attention during his

visit to Kiev in December 2015.

When he returned in March 2016, the then-vice president

demanded Shokin be fired by the time Biden left the country
six hours from then, or Ukraine would not be receiving U.S.
aid.

“The instrument issued for pressure was the $1 billion credit

guarantee that the United States should have provided to
Ukraine: Biden himself acknowledged the pressure in his
speech to the U.S. Foreign Relations Council in January 2018,”
Derkach said.

The lawmaker also stated from May 2014 to October 2015,

Burisma transferred $4.817 million to Hunter Biden’s
investment company Rosemont Seneca Partners, which
made a payment to him of $871,000.

RealClear Investigations reported that a watchdog group

determined Biden received “more than 12 times comparable
board pay at similarly sized companies.”

GOP Rep. Elise Stefanik of New York noted that multiple

witnesses who have appeared before the House Intelligence
Committee’s impeachment inquiry have agreed that Hunter
Biden’s position on the Burisma board, while his father
oversaw Ukraine policy, raised concerns about potential
conflicts of interest.

Rep. Elise Stefanik

@RepStefanik

VERY IMPORTANT FACTS:

Both witnesses confirmed that defensive lethal aid was

provided to Ukraine by President Trump, not President Obama.

Both witnesses confirmed that Hunter Biden serving on the

board of Burisma had the appearance of a conflict of interest.

17.9K 2:57 PM - Nov 19, 2019

9,079 people are talking about this

She said that “every witness who has testified and has been
asked” confirmed it had the appearance of a conflict of
interest.

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Randy DeSoto
Senior Staff Writer

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Randy DeSoto has written more than 1,000 articles for The Western Journal
since he joined the company in 2015. He is a graduate of West Point and Regent
University School of Law. He is the author of the book "We Hold These Truths"
and screenwriter of the political documentary "I Want Your Money."

 @RandyDeSoto

Tags: Business and Money, impeachment, Joe Biden, Ukraine