Political

Senate Report Details Hunter Biden’s Questionable Financial Dealings

Two Senate Committees released their report on a joint investigation into Hunter Biden’s role as a board member of Ukrainian energy company Burisma, Fox News reported.  The interim report follows a long investigation into the financial affairs of the son of the former vice-president.

The report, which is 87 pages long, said, “This investigation has illustrated the extent to which officials within the Obama administration ignored the glaring warning signs when the vice president’s son joined the board of a company owned by a corrupt Ukrainian oligarch,” according to its executive summary.

Hunter Biden, son of former vice president and current Democratic presidential nominee Joe Biden, was hired by Burisma in April 2014.  While Hunter Biden was on the board of the Ukrainian natural gas company his father, in his duties as vice president, was in charge of U.S./Ukrainian relations for the Obama administration.

“Even though Hunter Biden’s position on Burisma’s board cast a shadow over the work of those advancing anti-corruption reforms in Ukraine, the Committees are only aware of two individuals who raised concerns to their superiors,” the report states. “Despite the efforts of these individuals, their concerns appear to have fallen on deaf ears.”

The two individuals are George Kent, a State Department official, and former U.S. special envoy and coordinator for International Energy Affairs Amos Hochstein.  The Guardian (UK) reported that Kent sent an email in 2016 complaining that the presence of the vice president’s son on Bursima’s board was “very awkward for all US officials pushing an anticorruption agenda in Ukraine.”  According to the report, Hochstein raised warnings about the Russians using the younger Biden’s board position to spread disinformation.

The Senate report also references U.S. Treasury Department documents and records that “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 provides potential links between Hunter Biden’s financial dealings and international criminal activity.  “Some recipients of those funds are Ukrainian or Russian citizens. The records note that it is a documented fact that Hunter Biden has sent funds to non-resident alien women in the United States who are citizens of Russia and Ukraine and who have subsequently wired funds they have received from Hunter Biden to individuals located in Russia and Ukraine. The records also note that some of these transactions are linked to what ‘appears to be an Eastern European prostitution or human trafficking ring,’” the report stated.

So far, the mainstream media has downplayed the report’s findings.  A New York Times headline read, “Republican inquiry finds no evidence of wrongdoing by Biden,” and other media outlets have essentially ignored the story.  A Biden campaign spokesman accused the Senate Committees of pursuing a “conspiracy theory.”

Hunter Biden was put on the board of Burisma despite not speaking or understanding Ukrainian or having any experience whatsoever in natural gas or energy affairs.  In 2013, while his father was vice president, Hunter Biden applied for a position in the U.S. Navy Reserve.  He was accepted but discharged a month later after testing positive for cocaine.

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