Posted on 10/01/2020 1:58:38 PM PDT by Zhang Fei
Hunter Biden received a $3.5 million wire transfer from Elena Baturina, the richest woman in Russia and the widow of Yury Luzhkov, the former mayor of Moscow, Senate Republicans revealed in their report on the younger Biden’s work in Ukraine.
Baturina is referenced in the 87-page report, which was released Wednesday, addressing her payment to Biden’s investment firm in early 2014.
“Baturina became Russia’s only female billionaire when her plastics company, Inteko, received a series of Moscow municipal contracts while her husband was mayor,” it said in providing background on the businesswoman.
The report described her involvement with Biden as “a financial relationship,” but declined to delve deeper into why the wire transfer was made.
The probe also found that Baturina sent 11 wires transfers between May and December 2015 to a bank account belonging to BAK USA, a tech startup that filed for bankruptcy in March 2019.
Nine of those 11 wire transfers were first sent to Rosemont Seneca Partners, the investment firm founded by Biden and Chris Heinz, stepson of former Secretary of State John Kerry, before being transferred to BAK USA.
All 11 transactions described the payments as “Loan Agreement” in the details section.
The report reads, “[B]etween May 6, 2015 and Dec. 8, 2015, Baturina sent 11 wires in the amount of $391,968.21 to a bank account belonging to BAK USA LLC (BAK USA). Nine of the 11 transactions, totaling $241,797.14 were sent from Baturina’s accounts to a Rosemont Seneca Thornton bank account, which then transferred to the money to BAK USA. The 11 transactions all listed ‘Loan Agreement’ in the payment details section.
“BAK USA was a startup technology company headquartered in Buffalo, N.Y., that produced tablet computers in cooperation with unnamed Chinese business partners. BAK USA filed for bankruptcy on March 29, 2019.
(Excerpt) Read more at nypost.com ...
Investigate where that $3.5 million bribe ended up.
I have a feeling Hunter only ended up with a small handler fee.
“Joe Biden may have received a $3.5m bribe from Moscow laundered through his son Hunter.”
The key thing is to follow the trail of that money and see where it went - if that is possible. I doubt Hunter just kept it or spent it.
Nothing to see here. Just the wife of a Russian Oligarch paying an American Oligarch for services rendered.
This cannot be true. Joe Biden said it was a debunked conspiracy theory. /sarc
Too bad it’s the New York Post, and not the New York Times, I guess that would be too much to ask.
“””This cannot be true. Joe Biden said it was a debunked conspiracy theory. /sarc”””””
Biden said it was debunked by Romney. So there’s that.
Lemme guess, it was also tax free, never reported. And the IRS is fine with it...nothing to see here...
He must be one hell of a gigolo. What other explanation could there possibly be?
I think he said “discredited,” not “debunked.” There must be a huge difference for him to make the switch from debunk to discredit. “Discredit” must be at least 10X “debunk.”
Limassol, Cyprus is a major hub for businesses and heads of countries to have offices to avoid taxes, make bribes, and launder money.
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From 2014 to 2016 Yelena negotiated the purchase of coastal property in Limassol and in November, 2016, Yelena Baturina (Nikolaevna), started the $100 million project to develop a high-end residential project there. Many wealthy Russians live in Limassol and have invested there in order to get Cypriot Golden Visas, essentially Cypriot citizenship. Her daughter was given Cypriot citizenship, Yelena likely has one too.
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On Feb. 14, 2014, Baturina wired $3.5 million to a Rosemont Seneca Thornton LLC (Hunter Biden) bank account for a “Consultancy Agreement”.
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Burisma Holdings is headquartered in Limassol.
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VP Joe Biden arrived in Limassol, Cyprus, May 21, 2014 for two days.
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Between May 6, 2015 and Dec. 8, 2015, Baturina sent 9 wires in the amount of $241,797.14 to Hunter Biden’s Rosemont Seneca, called a “loan agreement”.
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Joe Biden has sworn that he has no knowledge of Hunter’s business dealings.
Within the Biden crimes family it’s called “wet my beak”
Hunter Maytag Biden is nothing but a money laundering point man the Rats use to funnel funds, rewarding him with enuf to keep him a steady supply of Toot.
And that lying Joe says he loves his sons. Ha
Joe and Hunter are such an amateurs. This woman cashed in a mayor husband for billions. Joe was VPOTUS and he settled for millions?
Has this been debunked yet by our glorious comrade journalistas? If not, I'm sure it will be soon. Joe and Hunter are as clean as a whistle, just like Bill and Hill.
The article's pretty clear that the money went to Bak USA which was a small tablet/laptop manufacturer trying to do onshore manufacturing in Buffalo.
They didn't make it.
Shuttered Bak USA owes $25.5 million to Tom Golisano, its largest investor
Laundering the bribes through the family is the oldest trick in DC. Just ax Pelosi, Reid, Romney or Boxer.
Right, where did it go and how was it reported to the IRS?
In the debate Pal Joey said that was a lie.
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