Senate Report Details Hunter Biden’s Extensive Foreign Business Dealings — and Obama Officials’ Efforts to Ignore Them
Senate Report Details Hunter Biden’s Extensive Foreign Business Dealings — and Obama Officials’ Efforts to Ignore Them By JACK CROWE for National Review
Senate Republicans released a report Wednesday detailing the extensive business dealings that Hunter Biden pursued with politically connected foreign nationals while his father Joe Biden was serving as vice president.
The 87-page interim report comes amid a months-long probe in which members of the Senate Homeland Security and Finance Committees and their staff reviewed more than 45,000 pages of Obama administration records and interviewed eight witnesses, many of whom are current or former U.S. officials.
“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,” the report reads. “In particular, these documents show that Hunter Biden received 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.”
That Hunter Biden served on the board of the Ukrainian gas company Burisma Holdings while his father was leading the Obama administration’s efforts in Ukraine is well-established, but the $50,000-per-month board seat was just one component of the younger Biden’s foreign ventures during the Obama years. According to Treasury Department records obtained by the committee, he also pursued business dealings with politically-connected Russian, Chinese, and Kazakh nationals.
In the course of his globe-trotting business career, Hunter Biden racked up more than $4 million in “questionable financial transactions” with well-connected foreigners. He partnered with Chinese businessmen connected to the Chinese Communist Party and the People’s Liberation Army, he took cash from the wife of the corrupt former mayor of Moscow, and he sent funds to Ukrainian and Russian nationals living in the U.S. that are “linked to what ‘appears to be an Eastern European prostitution or human trafficking ring,’” according to the report.
But it was only Hunter’s work for Burisma that caught the attention of Obama administration State Department officials, who said the role created “counterintelligence and extortion concerns.”
Acting Deputy Chief of Mission at the U.S. Embassy in Kyiv, Ukraine, George Kent warned Vice President Joe Biden’s office in early 2015 that Hunter’s work for Burisma undermined the administrations’ anti-corruption efforts in the country, since the gas company’s owner Mykola Zlochevsky, who Kent described as an “odious oligarch” in his testimony, is famously corrupt.