Posts Tagged ‘Rosemont Seneca Thornton’

LinkSwarm For August 11, 2023

Friday, August 11th, 2023

Still more Biden corruption comes to light, Yellow goes belly-up, things get worse in China, and a truly horrifying food discovery. It’s the Friday LinkSwarm!

  • Biden Family Received Millions from Foreign Oligarchs Who Had Dinners with Then-VP Joe Biden.”

    The Biden family and its business associates received millions of dollars from oligarchs in Russia, Kazakhstan, and Ukraine while Joe Biden was vice president, according to bank records obtained by the House Oversight Committee.

    With the new payments included, the committee says it has now identified more than $20 million in payments from foreign sources to the Biden family and their business associates. Those foreign sources include not only the three aforementioned countries, but also China and Romania as well.

    Hunter Biden’s former business associate Devon Archer previously testified that then-Vice President Biden joined roughly 20 phone calls on speakerphone with Hunter Biden’s foreign business associates and attended dinners with foreign oligarchs who paid large sums of money to Hunter Biden.

    The foreign funds were sent to accounts tied to Devon Archer that used the Rosemont Seneca name and were then doled out in incremental payments to Hunter Biden, the records show, in what the committee suggests was an attempt to hide the source and size of the payments.

    Those payments included $3.5 million sent from Russian billionaire Yelena Baturina to the shell company Rosemont Seneca Thornton in February 2014. Roughly $1 million was transferred to Devon Archer, while the rest was used to fund a new account Rosemont Seneca Bohai, which was used by both Archer and Hunter Biden to receive other foreign wires.

    After Baturina sent the massive sum to Rosemont Seneca Thornton, then-Vice President Joe Biden attended dinner with Baturina, Archer, Hunter Biden, and others at Cafe Milano in Washington, D.C.

    Then-Vice President Joe Biden attended dinners with Hunter Biden; Archer; Baturina; Burisma executives; and Kenes Rakishev, a Kazakhstani oligarch, in the spring of 2014 and 2015 at Cafe Milano.

    In February 2014, Hunter Biden met with Rakishev at the Hay Adams Hotel in Washington, D.C. In emails to Archer discussing the D.C. meeting, Rakishev, who was a director at Kazakhstan’s state-owned oil company KazMunayGas, asked that then-Secretary of State John Kerry visit Kazakhstan. Archer said, “if we have some business started as planned I will ensure its planned soonest.”

    So members of the extended Biden business family were asking the Secretary of State of the United States of America to visit a foreign country so the Biden clan could do business. Are all American institutions now corrupted for the sole purpose of enriching Democratic Party insiders?

    In April 2014, Rakishev wired $142,300 to the Rosemont Seneca Bohai account. The figure amounted to the exact price of Hunter Biden’s sports car that the account purchased one day later.

    After receiving the payment, Archer and Biden arranged for executives at Ukrainian natural gas company Burisma to visit Kazakhstan in June 2014 to discuss a deal between Burisma, a Chinese state-owned company, and the government of Kazakhstan. Rakishev had a working relationship with Karim Massimov, who became prime minister in April 2014. Earlier this year, Massimov was sentenced to 18 years in prison for treason, abuse of power, and attempting a coup.

    Also in spring 2014, Archer and Biden joined the Burisma board of directors at a salary of $1 million per year each. President Biden visited Ukraine soon after Archer and the younger Biden received their first payments — payments that were sent to Rosemont Seneca Bohai and later sent in incremental amounts to Hunter Biden’s different bank accounts.

    The committee confirmed IRS whistleblower testimony that Archer and Hunter Biden received $6.5 million in funds from Burisma, which is owned by Mykola Zlochevsky, a Ukrainian oligarch who bribed officials $6 million over the investigation into the natural gas company.

    Archer told the committee last week that Hunter Biden’s value on Burisma’s board was “the brand.” Archer said then-vice president Biden was “the brand.”

    “Burisma would have gone out of business if ‘the brand’ had not been attached to it,” Archer said, according to the committee.

    We can’t let corrupt foreign companies that keep Hunter in cocaine go tits-up, can we?

  • “China Wanted to Use Biden Family to Acquire U.S. Energy Assets.

    Text messages that have recently been given to the FBI show that a Chinese energy company sought to utilize its connections to Hunter Biden in order to purchase domestic energy assets within the United States.

    According to Just The News, the text exchange in question took place between two of Hunter’s business partners, James Gilliar and Tony Bobulinski, on Christmas Eve of 2015. This exchange was shortly after Hunter had first been told about the conglomerate, CFEC China Energy, led by wealthy businessman Ye Jianming.

    “I think this will then be a great addition to their portfolios as it will give them a profile base in NYC, then LA, etc,” said Gilliar in the text message. “For me it’s a no brainer but culturally they are different, but smart so let’s see. … Any entry ticket is small for them. Easier and better demographic than Arabs who are little anti US after trump.”

    This evidence further supports the bombshell claims made by another former business partner of Hunter, Devon Archer, in closed-door testimony before Congress earlier this week. Archer testified that Joe and Hunter Biden both actively sought to promote their “influence” to potential foreign partners, and that the two of them were considered a package deal in efforts to sell the “brand” of their family name and political power while Joe was Vice President.

    According to calendar schedules from his abandoned laptop, Hunter eventually did have a meeting with CEFC Executive Director Jianjun Zang in December of 2015. By March of 2016, two of Hunter’s business partners, Gilliar and Rob Walker, drafted a memo for Hunter to sign and send to CEFC, to which Hunter agreed.

    The text messages, exchanged between 2015 and 2017, eventually reveal that CEFC simply hoped to gain “influence” through its partnership with the Bidens, in order to eventually enter the American energy market with the purchase of energy assets in America and elsewhere in the West.

    “Still closing the perimeters of ops with the Chinese, will know Thursday if we are driving U.S. investments,” Gilliar wrote to Bobulinski in May of 2016, adding that things might be “still a little premature.”

  • Want to know who funded that dirty Chinese bioloab in California? Would you believe Gavin Newsom?
  • Yellow files for bankruptcy, citing union contracts. Look how they shine for you. And all the things that you do…
  • Judge slams Southwest Airlines for ignoring ruling over firing an employee for daring to have wrongthink on abortion. “The judge said the airline acted as if its own policy limiting what employees can say is more important than a federal law protecting religious speech.” (Hat tip: Sarah Hoyt at Instapundit.)
  • Teacher who made racist statements and bragged about how she couldn’t be fired fired. (More.)
  • “Twitter Sues Pro-Censorship Wokescolds Over “False And Misleading Claims” of racism.
  • Tell the truth about the losing streak for the team you’re reporting on? That’s a suspension.
  • Old and Busted in China: Sleeping on someone’s couch because you can’t afford your own bedroom. The New Hotness: Sleeping in the same bed with strangers because they can’t afford a couch

    (hat tip: Stephen Green at Instapundit.)

  • Every day, we drift further and further from God’s light.
  • How Oppenheimer is breaking IMAX projectors. (Previously.)
  • There’s a new meme for ironic failure.
  • “Biden Makes Things Up To 7th Grandchild By Appointing Her Head Of Ukrainian Shell Company.”
  • “Democrats Hire Professional Puppeteer To Continue Operating Dianne Feinstein.”
  • “Trump Indicted For Mocking US Women’s Soccer.”
  • Hunter Biden Has Been A Very, Very Bad Boy

    Thursday, September 24th, 2020

    And, this time, I don’t mean the “got thrown out of the Navy for doing blow” or “got pegged by prostitutes” things.

    No, this time it’s all about his and his father’s ties to corrupt Ukrainian and Chinese business deals, since the senate report on his dealings there came out yesterday. (That’s the official PDF, but here’s a more copy-and-paste-friendly version via The Federalist.)

    On April 16, 2014, Vice President Biden met with his son’s business partner, Devon Archer, at the White House. Five days later, Vice President Biden visited Ukraine, and the media described him as the “public face of the administration’s handling of Ukraine.” The next day, April 22, Archer joined the board of Burisma. Six days later, British officials seized $23 million from the London bank accounts of Burisma’s owner, Mykoloa Zlochevsky. Fifteen days later on May 13, Hunter Biden joined the board of Burisma, with public reports showing Hunter and his firm being paid $50,000 to $166,000 per month (totaling more than $3 million over five years) for his and Archer’s board participation.

    Let ye who has not taken $3 million for working for Ukrainian oligarchs cast the first stone.

    Also, with a full name like “Mykola Vladislavovich Zlochevsky,” this Tom Lehrer song keeps coming to mind, since the scansion is so close:

    Snip.

    Moreover, 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. And, as will be discussed in later sections, Hunter Biden was not the only Biden who cashed in on Joe Biden’s vice presidency. Former Acting Deputy Chief of Mission at the U.S. Embassy in Kyic (sic) George Kent and State Department official Amos Hochstein raised concerns.

    From the conclusion:

    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.

    Let he who has never received a $3.5 million wire transfer from the wife of the mayor of Moscow…

    Also, you know that bit up top where I said that this Hunter Biden scandal didn’t involve prostitutes? Yeah. Well, turns out it does:

    Records on file with the committee, the report says, “confirm that Hunter Biden sent thousands of dollars to individuals who have either: 1) been involved in transactions consistent with possible human trafficking; 2) an association with the adult entertainment industry; or 3) potential association with prostitution.”

    The report continued, detailing that some transactions were Russian- and Ukrainian-linked to what “appears to be an Eastern European prostitution or human trafficking ring.”

    Let ye who has never transferred money to an Eastern European sex trafficking ring…

    A few more tidbits:

  • Hunter Biden opened a bank account with Gongwen Dong to fund a $100,000 global spending spree with James Biden and Sara Biden. [I am trying to verify that the Gongwen Dong mentioned is the same Gongwen Dong who is CFO at Radiance Property Holdings Ltd. in Beijing. – LP]
  • Hunter Biden had business associations with Ye Jianming, Gongwen Dong, and other Chinese nationals linked to the Communist government and the People’s Liberation Army. Those associations resulted in millions of dollars in cash flow. [I believe the Ye Jianming in question is the founder and former Chairman of CEFC China Energy Company Limited (an energy and finance conglomerate) who has been in detention in China since 2018 on charges of bribery. -LP]
  • Let ye who has never opened a six-figure family slush fund with Communist Chinese officials…

    In addition highlighting these corrupt practices, the report highlights how Obama Administration officials knew about them, knew they were a problem, and swept them under the rug, even when they involved transfer of American military technology to communist China:

    The Chairmen’s investigation into potential conflicts of interest began in August 2019, with Chairman Grassley’s letter to the Department of Treasury regarding potential conflicts of interest with respect to Obama administration policy relating to the Henniges transaction. During the Obama administration, the Committee on Foreign Investment in the United States (CFIUS) approved a transaction that gave control over Henniges, an American maker of anti-vibration technologies with military applications, to a Chinese government-owned aviation company and a China-based investment firm with established ties to the Chinese government. One of the companies involved in the Henniges transaction was a billion-dollar private investment fund called Bohai Harvest RST (BHR). BHR was formed in November 2013 by a merger between the Chinese-government-linked firm Bohai Capital and a company named Rosemont Seneca Partners. Rosemont Seneca was formed in 2009 by Hunter Biden, the son of then-Vice President Joe Biden, by Chris Heinz, the stepson of former Secretary of State John Kerry, and others.

    Evidently exporting American military technology to China was just a business opportunity to corrupt family members of high-ranking Obama Administration officials.

    If we had a truly independent press corps, reporters would ask Democratic presidential nominee Joe Biden about his son’s financial shenanigans at his very next press conference.

    I wouldn’t hold your breath…