The Other McCain

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Ukraine Official Says Joe Biden Got Paid $900,000 to Lobby for Burisma

Posted on | October 9, 2019 | 2 Comments

 

Reported by Cristina Laila at Gateway Pundit:

Former Vice President Joe Biden was personally paid $900,000 for lobbying activities from Burisma Holdings, according to Ukrainian MP Andriy Derkach.
Derkach publicized the documents at a press conference at the Interfax-Ukraine agency Wednesday as he said the records, “describe the mechanism of getting money by Biden Sr.”
“This was the transfer of Burisma Group’s funds for lobbying activities, as investigators believe, personally to Joe Biden through a lobbying company. Funds in the amount of $900,000 were transferred to the U.S.-based company Rosemont Seneca Partners, which according to open sources, in particular, the New York Times, is affiliated with Biden. The payment reference was payment for consultative services,” Derkach said.
He also publicized sums that were transferred to Burisma Group representatives, in particular Hunter Biden, a son of the former U.S. vice president.
“According to the documents, Burisma paid no less than $16.5 million to [former Polish President, who became an independent director at Burisma Holdings in 2014] Aleksander Kwasniewski, [chairman of the Burisma board of independent directors] Alan Apter, [Burisma independent director] Devon Archer and Hunter Biden [who joined the Burisma board of directors in 2014],” Derkach said.
“Using political and economic levers of influencing Ukrainian authorities and manipulating the issue of providing financial aid to Ukraine, Joe Biden actively assisted closing criminal cases into the activity of former Ukrainian Ecology Minister Mykola Zlochevsky, who is the founder and owner of Burisma Group,” he said.
“Biden’s fifth visit to Kyiv on December 7-8, 2015 was devoted to making a decision on the resignation of [then Ukrainian Prosecutor General] Viktor Shokin over the case of Zlochevsky and Burisma. Loan guarantees worth $1 billion that the United States was to give to Ukraine was the point of pressure. Biden himself admitted exerting pressure in his speech at the Council of Foreign Relations in January 2018, calling Shokin ‘son of a bitch who was fired’,” Derkach said.

Question: Do I know this to be true? No, but what Derkach is saying matches what is known about Hunter Biden’s role in Rosemont Seneca:

Hunter Biden co-founded Rosemont Seneca Partners in 2009 with Christopher Heinz, stepson of John Kerry, the former secretary of state, and scion of the Heinz processed food fortune, and Devon Archer, a financier and former Abercrombie & Fitch model who attended Yale with Mr Heinz.
In 2014, Rosemont Seneca was involved in an attempted $1.5bn fundraise for a new fund launched by Harvest Fund Management and Bohai Industrial Group, the Chinese asset manager, according to a Wall Street Journal report at the time. The Bank of China International Holdings was one of the biggest stakeholders in Bohai at the time.
Mr Archer first connected with Mykola Zlochevsky, co-founder of the Ukrainian gas company Burisma, in 2014 when he travelled there to pitch a Rosemont-linked real estate fund that he managed. Mr Archer joined Burisma’s board in 2014. Hunter joined soon after.

If what Derkach is saying is true, then Rosemont Seneca served as a pass-through by which this Ukrainian bribery was laundered, creating “plausible deniability” for Joe Biden, who can claim that the money he got from his son’s partnership had nothing to do with the Ukraine deal. But we shall wait to see if this story is further confirmed.



 

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