HunterBiden, Burisma, and Corruption: The Impact on U.S.Government Policy and Related Concerns
U.S. Senate Committee on Homeland Security and Governmental Affairs
U.S. Senate Committee on Finance Majority Staff Report
The report, presented by by Sen. Ron Johnson (R-WI) of the Senate Committee on Homeland Security and Governmental Affairs, and Sen. Chuck Grassley (R-IA) of the Senate Committee on Finance, was launched in August 2019 — prior to the impeachment controversy, and as the result of the “Henniges transaction,” in which a company tied to the Chinese state had bought an American company that makes “anti-vibration technologies with military applications.” One of the companies in the transaction was Bohai Harvest RST (BHR), a Chinese-funded investment company in which Hunter Biden owns a stake.
The report “details examples of extensive and complex financial transactions involving the Bidens” and notes that Hunter Biden “was not the only Biden who cashed in on Joe Biden’s vice presidency.” It also notes that Hunter Biden enjoyed Secret Service protection during extensive trips abroad, and that the protection continued for a few months after he joined Burisma.
The records acquired by the Committees show that Hunter Biden and his family were involved in a vast financial network that connected them to foreign nationals and foreign governments across the globe. Hunter Biden and Archer, in particular, formed significant and consistent financial relationships with the corrupt oligarch Mykola Zlochevsky during their time working for Burisma and their firms made millions of dollars from that association while Joe Biden was vice president and the public face of the Obama administration’s Ukraine policy. Rosemont Seneca Thornton, an investment firm co-founded by Hunter Biden, received $3.5 million in a wire transfer from Elena Baturina, who allegedly received illegal construction contracts from her husband, the former mayor of Moscow. Moreover, Archer’s apparent receipt of money for a car from Kenges Rakishev of Kazakhstan while Vice President Biden was in Kyiv is especially concerning in light of the timing. And finally, Biden and Archer’s work with Chinese nationals connected to the Communist regime illustrate the deep financial connections that accelerated while his father was vice president and continued after he left office.
The report also notes that the vice president was made aware of the conflicts of interest that Hunter Biden’s Ukrainian role entailed, as was Secretary of State Kerry:
Former Secretary Kerry’s December 2019 denial of having any knowledge about Hunter Biden or Burisma is inconsistent with the evidence uncovered by the Committees. Kerry was briefed about Hunter Biden, Burisma and Heinz the day after Burisma announced Hunter Biden joined its board. Additionally, Secretary Kerry’s senior advisor sent him press clips and articles relating to Hunter Biden’s board membership. This appears to be yet another example of high- ranking Obama administration officials blatantly ignoring Hunter Biden’s association with Burisma.