Joe Biden’s son, Hunter Biden, was paid for his work as a board member a Ukrainian oligarch-owned energy company while his father was vice president, the New York Times confirms.
According to the Times, Hunter Biden was paid “as much as $50,000 per month in some months” as a board member of Burisma Holdings, a natural gas firm owned by a member of the Ukrainian oligarchy.
Vice President Biden was heavily involved in mediating U.S. policy towards the Ukraine. When a Ukrainian prosecutor launched a corruption investigation into the energy company Hunter Biden was board member of, Joe Biden threatened to withhold $1 billion in U.S. loan guarantees to the country if the Ukrainian government did not fire the prosecutor. As John Solomon of The Hill reported, Biden’s threat would have thrown the former Soviet republic into insolvency at a time when Ukraine was fending off threats from Vladimir Putin’s Russia.