THINK JOE FOR $ALE
Foreign clients gave Hunter a Porsche, a diamond and millions of dollars — what did they they were buying?
By STEVEN NELSON Bidens’ int’l biz windfall
A new report from Congress shows that Biden family members and associates made more than
$20 million from foreign clients — while Joe served as vice president.
WASHINGTON — President Biden’s family and their allies brought in at least $20 million from foreign sources, including First Son Hunter Biden’s business associates in Russia, Kazakhstan and Ukraine — some of whom dined with the current commander in chief, the House Oversight Committee revealed Wednesday.
Committee Chairman James Comer (R-Ky.) said Hunter Biden, now 53, appeared to deliver Russian, Kazakhstani and Ukrainian businesspeople access to his father, then-President Barack Obama’s vice president — noting that each of the post-Soviet associates allegedly attended at least one of two dinners at Washington’s Café Milano with the Bidens.
“During Joe Biden’s vice presidency, Hunter Biden sold him as ‘the brand’ to reap millions from oligarchs in Kazakhstan, Russia and Ukraine. It appears no real services were provided other than access to the Biden network, including Joe Biden himself,” Comer said in a statement.
“And Hunter Biden seems to have delivered. This is made clear by meals at Café Milano where then-Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son,” he added.
“It’s clear Joe Biden knew about his son’s business dealings and allowed himself to be ‘the brand’ sold to enrich the Biden family while he was vice president of the United States.”
Hunter’s 7-figure salary
Bank records released by the panel confirm that Hunter earned up to $1 million per year from Ukrainian natural-gas company Burisma Holdings, beginning when his father assumed control of the Obama administration’s Ukraine portfolio in 2014, and that Kazakhstani businessman Kenes Rakishev transferred $142,300 that April for Hunter to buy a luxury car, reportedly a Porsche.
The records supplement the deposition by Hunter’s former business partner Devon Archer to the committee July 31, in which he revealed the flow of $3.5 million transferred on Feb. 14, 2014, from Russian billionaire and former Moscow First Lady Yelena Baturina to the Archer and Hunter-controlled shell company Rosemont Seneca Thornton.
Rosemont Seneca Thornton in turn transferred $750,000 of Baturina’s funds to Archer on March 11, 2014, and another $2,752,711 on the same day to Rosemont Seneca Bohai, an account that was opened one day prior to Baturina’s $3.5 million transfer.
Archer testified that Rosemont Seneca Bohai was controlled on a 50-50 basis by himself and Hunter Biden.
Days later, on March 25, most of the $2.75 million was transferred to a different Rosemont Seneca Bohai account — with two transfers for $2,246,111 and $200,000, respectively, on the same day.
The paper trail doesn’t resolve whether Hunter Biden directly benefited from Baturina’s transfer, but an infographic in Comer’s release notes that Rosemont Seneca Bohai funds were used to cover personal expenses and transfers to a separate corporate entity of Hunter’s, Owasco PC.
Archer told the committee last week that he wasn’t sure why Baturina transferred the $3.5 million and that he thought it must have been meant for another firm of his, Rosemont Realty, which he said did more than $100 million in business with her.
Asked why most of the $3.5 million was passed along to an entity that was 50% held by Hunter Biden rather than directed to Rosemont Realty, Archer told the panel, “probably because it was owed,” without elaboration.
Archer testified that Hunter Biden was only briefly associated with his realty firm, although emails from Hunter’s abandoned laptop show he was involved in Baturina’s search for US real-estate investments.
Archer also revealed that Baturina attended a previously unknown dinner at the Georgetown bistro with Hunter and Joe Biden and Hunter’s Kazakhstani partners sometime in spring 2014.
Let’s meet at Milano
Baturina also appears to have attended an April 2015 Café Milano dinner featuring Joe and Hunter Biden, though Archer did not recollect her attendance in his testimony.
Emails from 2015 discuss Baturina as an invitee and a different attendee of that dinner told The Post he saw her there.
Baturina managed to avoid Obama administration sanctions over Russia’s 2014 annexation of Crimea and support for pro-Russia rebels in eastern Ukraine and she has also avoided President Biden’s broader sanctions against Moscow’s business elite over last year’s full-scale invasion of Ukraine — as has another Russian oligarch, Vladimir Yevtushenkov, with whom Hunter also partnered on real-estate scouting.
The $3.5 million transfer has been debated for years since it was first revealed shortly before the 2020 election in a report by two Republican-led Senate committees. Joe Biden denied that report’s accuracy during a presidential debate.
“Why is it — just out of curiosity — the mayor of Moscow’s wife gave your son $3.5 million?” Donald Trump asked Biden during the first presidential debate of 2020. “That is not true,” Biden said. Meanwhile, Fox News’ Peter Doocy on Wednesday pressed Biden about Archer’s testimony following an event in New Mexico.
“I never talked business with anybody,” Biden shot back. “And I knew you’d have a lousy question.”
New York Post