Biden family received US$40 million from Russian oligarch

While Joe Biden is talking about punishing Russia and Russians, his family has reportedly received millions of dollars from a Russian oligarch. According to leaked emails, the Russian oligarch who wired US$3.50 million to a firm run by Joe Biden’s scandalous son Hunter Biden has also invested U$40 million in Hunter Biden’s real estate company, Rosemont Realty.

The disclosure comes amid new FBI whistleblower allegations backed by documents that show President Biden “was aware of Hunter Biden’s business arrangements and may have been involved in some of them,” according to Sen. Chuck Grassley, R-Iowa.

The FBI has been in possession of “voluminous evidence” of the potential criminality of those ventures, Grassley wrote in a letter Monday to Attorney General Merrick Garland, FBI Director Christopher Wray and US Attorney for Delaware David Weiss.

The US$40 million investment by Yelena Baturina, the billionaire widow of a corrupt former Moscow mayor, was reported Monday by DailyMail.com.

Baturina’s brother Viktor Baturin told the British news site the US$3.5 million sent to the Biden business in 2014 – when Joe Biden was vice president of the United States – was “a payment to enter the American market”.

The 2014 transactions were flagged in suspicious activity reports filed to the Treasury Department, as documented in a September 2020 report by the Senate Homeland Security Committee.

The US$40 million, delivered two years earlier, came from a Swiss company owned by Baturina, Inteco Management AG. The company made her the richest woman in Russia at the time. According to Forbes, her current net worth is US$1.4 billion.

The emails documenting the investment came from a leak obtained by an anti-corruption group, the Kazakhstani Initiative on Asset Recovery, DailyMail.com reported.

The recipient of the emails was a Kazah businessman named Kenes Rakishev whose estimated worth is more than US$950 million.

Rakishev, who became a business partner with the president’s son, was photographed with Joe Biden at a meeting at Cafe Milano in Washington D.C., in 2015, when Joe Biden was vice president.

Baturina and her husband, Yuri Luzhkov, who died in 2019, also were invited to the Cafe Milano gathering to meet Joe Biden.

A partner in Rosemont Realty was Devon Archer, a former adviser to John Kerry who was sentenced in February to more than a year in prison for his role in a scheme to defraud a Native American tribe of US$60 million in bonds.

In one of the leaked emails, Archer informed Rakishev that Rosemont wanted him to invest in a U.S. office building venture along with Baturina.

“I know you mentioned you were less interested in real estate but this is a deal we’re closing next month and it’s just too attractive not to share,” Archer wrote.

Archer said Baturina’s company Inteco, “who I know you know, is taking a significant equity piece” and Rosemont would “love to have you on board.”

Meanwhile, Grassley, in his letter Monday, said the FBI, according to whistleblowers and their documentation, possesses “significant, impactful and voluminous evidence with respect to potential criminal conduct by Hunter Biden and James Biden”.

“The documents in the FBI’s possession include specific details with respect to conversations by non-government individuals relevant to potential criminal conduct by Hunter Biden,” Grassley wrote.

Documents held by the bureau, the senator said, include information on Mykola Zlochevsky, the owner of Ukrainian natural gas firm Burisma Holdings.

Archer, as well as Hunter Biden, served on the board of the Ukrainian company, for which the president’s son received some $1 million a year while his father was in charge of US policy in Ukraine under President Obama.