A joint investigation and report on Hunter Biden’s financial dealings with Ukrainian, Chinese and Russian businesses by the GOP-led Senate Homeland and Government Affairs and Senate Finance Committees has been released just six days before the first Presidential Debate between Joe Biden and President Trump is scheduled to take place.
The long-awaited Senate report on Hunter Biden’s financial dealings with Ukrainian, Chinese and Russian businesses concluded that the transactions created potential “criminal financial, counterintelligence and extortion concerns,” and alarmed US officials who discovered multiple likely conflicts of interest and possible crimes ranging from sex trafficking to bribery.
Zero Hedge reports that the investigation found millions of dollars’ worth of suspect financial transactions between businessmen/ women, politicians, investors and other associates or family members.
OUT TODAY: Report with @chuckgrassley found millions of dollars in questionable financial transactions between Hunter Biden & his associates and foreign individuals, including the wife of the former mayor of Moscow. https://t.co/R1MxQ4xGKP
— Senator Ron Johnson (@SenRonJohnson) September 23, 2020
According to the Daily Caller’s Chuck Ross, suspect financial transactions between Hunter Biden’s firms and foreign nationals from Russia and China – including a Communist Party-linked Chinese businessman, raised serious concerns.
Hunter Biden’s seat on the board of the Ukrainian energy firm Burisma while his father served as the Obama administration’s principal contact for Ukraine raised alarms with State Department officials as early as 2015 and 2016.
One official, Amos Hochstein, told the Senate Homeland Security and Senate Finance committees that he inform then-Vice President Joe Biden in October 2015 that Hunter Biden’s position on the board of Burisma “enabled Russian disinformation efforts and risked undermining U.S. policy in Ukraine.”
Hunter Biden, now 50, joined Burisma’s board of directors in April 2014, shortly after his father, Joe Biden, took over as the Obama administration’s chief liaison to Ukraine.
Although the report does not produce direct evidence of wrongdoing by Hunter Biden, Republicans say the evidence suggests a troubling scenario of Biden receiving “millions of dollars from foreign sources as a result of business relationships that he built during the period when his father was vice president of the United States and after.”
The report also states that Hunter Biden also received a $3.5 million wire transfer from Elena Baturina, the wife of the former mayor of Moscow.
And as Just The News correspondent John Solomon writes, “Perhaps the most explosive revelation was that the U.S. Treasury Department flagged payments collected overseas by Hunter Biden and business partner Devon Archer for possible illicit activities.”
According to the report, numerous ‘Suspicious Activity Reports’ identified millions of dollars in transactions from the Ukrainian gas company Burisma Holdings, Russian oligarch Yelena Baturina, and Chinese businessmen with ties to senior officials in China’s government.
Senate investigators have yet to determine if the FBI or others have investigated the nature of and motives behind the transactions.
“The Treasury records acquired by the Chairmen show potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh and Chinese nationals,” reads the 87-page report. Other transactions involving Biden-controlled firms were flagged for “potential criminal financial activity,” including wire transfers to Hunter’s Uncle, James Biden.
Moreover, the report cites US government records which raised concerns over potential ties to sex and human trafficking rings.
“Hunter Biden paid nonresident women who were nationals of Russia or other Eastern European countries and who appear to be linked to an Eastern European prostitution or human trafficking ring,” the report reads.
Senate Homeland Security and Governmental Affairs Committee Chairman Ron Johnson told Just The News that the sheer volume of potentially illegal activity in Hunter Biden’s foreign dealings left Joe Biden vulnerable to illicit influence or extortion.
“The report raises serious questions that former Vice President Biden needs to answer. There are simply too many potential conflict of interest, counterintelligence and extortion threats to ignore,” he said.
The Biden campaign has called the Senate report an effort to “subsidize a foreign attack against the sovereignty of our elections with taxpayer dollars” and to push a “long-disproven, hardcore rightwing conspiracy theory.”
Biden campaign's @AndrewBatesNC calls Sen. Ron Johnson's report on Burisma/Hunter Biden an effort to "subsidize a foreign attack against the sovereignty of our elections with taxpayer dollars" and to push a "long-disproven, hardcore rightwing conspiracy theory" pic.twitter.com/LRDKEdu0fK
— Johnny Verhovek (@JTHVerhovek) September 23, 2020
And Biden’s media campaigners are hard at work today trying to discredit the report’s findings:
— Chuck Ross (@ChuckRossDC) September 23, 2020
— Chuck Ross (@ChuckRossDC) September 23, 2020
Daily Wire correspondent Ryan Saavedra summarized the main findings including the following:
In early 2015 the former Acting Deputy Chief of Mission at the U.S. Embassy in Kyiv, Ukraine, George Kent, raised concerns to officials in Vice President Joe Biden’s office about the perception of a conflict of interest with respect to Hunter Biden’s role on Burisma’s board. Kent’s concerns went unaddressed, and in September 2016, he emphasized in an email to his colleagues, “Furthermore, the presence of Hunter Biden on the Burisma board was very awkward for all U.S. officials pushing an anticorruption agenda in Ukraine.”
In October 2015, senior State Department official Amos Hochstein raised concerns with Vice President Biden, as well as with Hunter Biden, that Hunter Biden’s position on Burisma’s board enabled Russian disinformation efforts and risked undermining U.S. policy in Ukraine.
Although Kent believed that Hunter Biden’s role on Burisma’s board was awkward for all U.S. officials pushing an anti-corruption agenda in Ukraine, the Committees are only aware of two individuals — Kent and former U.S. Special Envoy and Coordinator for International Energy Affairs Amos Hochstein — who raised concerns to Vice President Joe Biden (Hochstein) or his staff (Kent)…
Former Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland testified that confronting oligarchs would send an anticorruption message in Ukraine. Kent told the Committees that Zlochevsky was an “odious oligarch.” However, in December 2015, instead of following U.S. objectives of confronting oligarchs, Vice President Biden’s staff advised him to avoid commenting on Zlochevsky and recommended he say, “I’m not going to get into naming names or accusing individuals.”
Hunter Biden was serving on Burisma’s board (supposedly consulting on corporate governance and transparency) when Zlochevsky allegedly paid a $7 million bribe to officials serving under Ukraine’s prosecutor general, Vitaly Yarema, to “shut the case against Zlochevsky.” Kent testified that this bribe occurred in December 2014 (seven months after Hunter joined Burisma’s board), and, after learning about it, he and the Resident Legal Advisor reported this allegation to the FBI…
In addition to the over $4 million paid by Burisma for Hunter Biden’s and Archer’s board memberships, Hunter Biden, his family, and Archer received millions of dollars from foreign nationals with questionable backgrounds…
Hunter Biden had business associations with Ye Jianming, Gongwen Dong, and other Chinese nationals linked to the Communist government and the People’s Liberation Army. Those associations resulted in millions of dollars in cash flow.
Hunter Biden paid nonresident women who were nationals of Russia or other Eastern European countries and who appear to be linked to an “Eastern European prostitution or human trafficking ring.”
It’s shaping up to be an ugly campaign season in the United States. If only there were someone to vote for.
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