A report from Reuters paints a very unflattering picture of Hunter Biden’s time while on the board of Ukrainian energy company Burisma Holdings.
During his five-year stint on the board, where he was making what is now believed to be $83,333 a month, he was regarded as “a helpful non-executive director with a powerful name,” according to several sources in Ukraine. During the entire time he was on the board, Hunter Biden never even visited Ukraine for company business.
[Mykola] Zlochevsky, who founded Burisma in 2002, served as a minister under Ukraine’s then-President Viktor Yanukovich from 2010 to 2012. Burisma then began adding high-profile names to its board, including Biden and a business associate of his called Devon Archer, in April 2014.
The company has said it had wanted to strengthen corporate governance. According to two sources close to the company, Burisma was also looking to attract international investment as well as expand overseas.
Oleksandr Onyshchenko, a businessman and former member of the Ukrainian parliament who knows the Burisma founder, said it had been Zlochevsky’s idea to appoint Biden as a director. “It was to protect (the company)” at a time when it was facing investigations, said Onyshchenko, who left the country in 2016. In the run up to Biden’s appointment, a popular uprising led to the removal of the Russian-backed Yanukovich in February 2014.
It has already been established that Hunter Biden wasn’t qualified to serve on the board of Burisma, but now it’s clear qualifications weren’t the reason he was hired and paid more per month than the median annual income of U.S. workers. He was hired because his father was Vice President of the United States. That same vice president succeeded in getting the Ukrainian prosecutor investigating Burisma fired. We know this because Biden bragged about it:
Clearly, Hunter’s presence on board paid off in that regard, thanks to Quid Pro Joe.