Ukrainian oligarch raided by FBI in Miami and Cleveland has close ties to Hunter Biden

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Burisma’s owner, Zlochevsky, is no saint. Most people—other than Hunter and his team—have shied away from associating with him. It would be naïve to believe that Burisma experienced spurts of growth purely by coincidence while Zlochevsky was in office.

Founded in 2006 and registered in Cyprus—a haven for tainted Russian and Ukrainian money—Burisma is the third largest gas producer in Ukraine, controlling a quarter of private gas production. Nevertheless, it is not viewed by the Ukrainian government as a legitimate gas company. Meanwhile, Burisma’s close ties to oligarch Igor Kolomoisky place it beyond the pale for President Poroshenko, who clashed with the tycoon after he brought armed paramilitary thugs into downtown Kiev.

The entangled web of Biden and son in Ukraine’s corruption is made more curious by the coincidence of dates when Biden visited Ukraine. During one of those visits in early 2016, a criminal investigation into stolen IMF credits to the tune of $1.8 billion was closed down by Ukraine’s prosecutor’s office.

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This $1.8 billion was only a part of the $5.5 billion reportedly laundered by Kolomoisky through PrivatBank over a ten-year period. The massive fraud uncovered by a Kroll Associates investigation was launched at the request of President Poroshenko. Not surprisingly, Kolomoisky’s 1+1 TV channel is one of the biggest critics of Poroshenko for his attacks on oligarchs.

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It’s also important to note that in April 2014, Hunter Biden was appointed to the Board of Directors of Burisma.

As we reported previously, PrivatBank was controlled by Igor Kolomoisky and PrivatBank controlled Burisma –

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At the time Hunter Biden joined Burisma, Kolomoisky was on a visa ban list. Shortly after Biden and Archer joined Burisma’s Board, Kolomoisky was removed from the visa ban list. Nine months later $1.8 billion in US and IMF funds to the Ukraine mysteriously disappeared.

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