Well, this seems like kind of a big story:
An indictment drawn up by Ukraine’s Office of the Prosecutor General against Burisma owner Nikolai [Mykola] Zlochevsky claims that Hunter Biden and his partners received $16.5 million for their ‘services’ – according to Ukrainian MP Alexander Dubinsky of the ruling Servant of the People Party.
Dubinsky made the claim in a Wednesday press conference, citing materials from an investigation into Zlochevsky and Burisma.
“Zlochevsky was charged with this new accusation by the Office of the Prosecutor General but the press ignored it,” said the MP. “It was issued on November 14.”
“The son of Vice-President Joe Biden was receiving payment for his services, with money raised through criminal means and money laundering,” he then said, adding “Biden received money that did not come from the company’s successful operation but rather from money stolen from citizens.”
According to Dubinsky, Hunter Biden’s income from Burisma is a “link that reveals how money is siphoned [from Ukraine],” and how Biden is just one link in the chain of Zlochevsky’s money laundering operation which included politicians from the previous Yanukovich administration who continued their schemes under his successor, President Pyotr Poroshenko.
“We will reveal the information about the financial pyramid scheme that was created in Ukraine and developed by everyone beginning with Yanukovich and later by Poroshenko. This system is still working under the guidance of the current managerial board of the National Bank, ensuring that money flows in the interest of people who stole millions of dollars, took it offshore and bought Ukrainian public bonds turning them into the Ukrainian sovereign debt,” said Dubinsky, adding that “in both cases of Yanukovich and Poroshenko, Ms. Gontareva and companies she controls were investing the stolen funds.”
According to Interfax-Ukraine, MP Andriy Derkach announced at the same press conference that deputies have received new materials from investigative journalists alleging that the ‘family’ of ex-President Yanukovych funneled $7.4 billion through American investment firm Franklin Templeton Investments, which they claim have connections to the US Democratic party.”
“Last week, November 14, the Prosecutor General’s Office (PGO), unnoticed by the media, announced a new suspicion to the notorious owner of Burisma, ex-Ecology Minister Zlochevsky. According to the suspicion, the Yanukovych family is suspected, in particular, with legalizing (laundering) of criminally obtained income through Franklin Templeton Investments, an investment fund carrying out purchases of external government loan bonds totaling $7.4 billion,” said Derkach, adding that the money was criminally obtained and invested in the purchase of Ukrainian debt in 2013 – 2014.
“The son of Templeton’s founder, John Templeton Jr., was one of President Obama’s major campaign donors. Another fund-related character is Thomas Donilon. Managing Director of BlackRock Investment Institute, shareholder Franklin Templeton Investments, which has the largest share in the fund. It is noteworthy that he previously was Obama’s national security advisor,” Derkach added.
Jack Posobiec has a related thread on Derkach’s press conference.
In summary: This is potentially a huge story, but I’m suspicious of it because it fits too neatly into my preexisting belief of endemic corruption in the Obama Administration, and I don’t want to fall victim to confirmation bias. I’d like to see more proof, and more Ukrainian officials than just Derkach speaking out.
In other news from the Ukraine corruption investigation, officials there widened the probe into Burisma:
Ukraine’s top prosecutor announced Wednesday that the country is expanding its probe into the founder of Burisma, whose whereabouts are currently unknown to authorities, to include suspected embezzlement of state funds.
Prosecutor General Ruslan Ryaboshapka said Burisma founder Mykola Zlochevsky is suspected of “theft of government funds on an especially large scale,” but did not provide any further details of the allegation, Reuters reported.
However, a trio of Ukranian lawmakers released a document at a separate news conference on Wednesday showing that Zlochevsky was suspected of using his position as Ukraine’s minister of ecology and natural resources to embezzle the equivalent of $33 million, Reuters added.
Zlochevsky served as minister of ecology and natural resources from 2010 through 2012.
In addition, Ryaboshapka said the investigation into the Burisma founder is effectively on hold as his whereabouts are currently unknown to Ukranian authorities.
Ryaboshapka launched a review of 15 criminal investigations involving Zlochevsky and Burisma when he assumed the post of Ukraine’s prosecutor general in late August.
More on Zlochevsky via Wikipedia: “Through his sole ownership of Cyprus-registered Burisma Holdings, he owns the Ukrainian gas and oil producers Aldea, Pari, Esko-Pivnich, and the First Ukrainian Petroleum Company and the investment group Brociti Investments.”
Another Posobiec thread offers additional information on the timeline of the original Ukrainian corruption probe and Joe Biden’s interference in it.
