HUGE: Joe Biden’s son and his partners received $16.5 million from Burisma per new indictment against Burisma — Ukrainian MP tass.com/world/1090971
The Ukrainian Office of the Prosecutor General has drawn up an indictment against the owner of the Burisma Holdings energy company, ex-Ecology Minister Nikolai Zlochevsky.
The indictment contains information that the son of former US Vice President @JoeBiden, Hunter, as a Burisma board member along with his partners received $16.5M for their services, Ukrainian MP Verkhovna Rada told a press conference today, citing the investigation’s materials.
According to him, the money came from duplicitous criminal activity.
"Zlochevsky was charged with this new accusation by the Office of the Prosecutor General but the press ignored it," the MP said. "It was issued on November 14."
"Zlochevsky was charged with this new accusation by the Office of the Prosecutor General but the press ignored it," the MP said. "It was issued on November 14."
According to the politician, "the son of Vice-President Joe Biden was receiving payment for his services, with money raised through criminal means and money laundering."
He also clarified that "Biden received money that did not come from the company’s successful operation but rather from money stolen from citizens."
Dubinsky stressed that the information on Hunter Biden’s income under his contract with Burisma is a "link that reveals how money is siphoned [from Ukraine]."
The MP explained this is part of a large-scale scheme of Zlochevsky’s money laundering involving politicians from the time of ex-President Yanukovich who continued this scheme under former President Poroshenko, with backing of former Governor of the National Bank of Ukraine.
"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 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,"
He then added that "in both cases of Yanukovich and Poroshenko, Ms. Gontareva and companies she controls were investing the stolen funds."
Another Verkhovna Rada MP, Andrei Derkach, claimed that the US Franklin Templeton Investments management company was also involved in the scheme.
"The investigation suggests that the Yanukovichs illegally obtained $7.4 billion and laundered it through an investment fund close to the DEMOCRATIC PARTY as government domestic loan bonds," he pointed out.
Dubisky stressed that through the implementation of this scheme Ukraine has money siphoned from it with high interest rates — "40% of the state budget is spent on the debt service."
"This amount — 440 billion hryvnia [around $18.18 billion] in the end of 2020 — is the last step towards a default and then Ukraine will go bankrupt either by the end of 2020 or the beginning of 2021," he concluded.
