Hunter Biden’s ex-business partner Devon Archer told Congress that Joe Biden’s ‘intimidating’ influence directly led to his son receiving huge sums of foreign money – and a $142,300 Porsche.
According to the full transcript of his testimony obtained by DailyMail.com on Thursday, Archer said that the Biden ‘brand’ acted as protection for Ukrainian oil company Burisma because ‘people would be intimidated to mess with them.’
Hunter’s presence on Burisma’s board and access to his father – then vice president – led to the company’s ‘longevity’ because they had the ‘capabilities to navigate D.C.,’ Archer said according to the transcript.
‘I think Burisma would have gone out of business if it didn’t have the brand attached to it. That’s my, like, only honest opinion,’ Archer continued.
Hunter’s best friend and business associate sat with him on Burisma’s board beginning in 2014. They also started Rosemont Seneca Partners, an investment advisory firm, together.
He confirmed that Hunter put Joe on speakerphone 20 times during business meetings over a 10-year period, which was a ‘signal’ of ‘value,’ and Hunter used his dad as ‘defensive leverage.’
He also told lawmakers that Joe sat and had dinner in-person on at least two occasions with Hunter and his foreign business partners, who then wired money almost immediately after to Biden-affiliated companies.
In the spring of 2014, Joe joined Hunter and a handful of his business partners for dinner at Cafe Milano in Washington, D.C. Those at the dinner included Kenes Rakishev, Karim Massimov, Yelena Baturina and possibly Eric Schwerin.
Archer confirmed that Joe was present long enough to eat dinner with the group.
Following the dinner, $3.5 million was wired from Russian billionaire Yelena Baturina into Rosemont Seneca Thornton on February 14.
On April 22, $142,300 was wired into the Rosemont Seneca Bohai account from Kenes Rakishev, a businessman from Kazakhstan, who was also at the Cafe Milano dinner.
The payment was made as a gift to Hunter, who received an ‘expensive car.’
Archer told the committee: ‘I believe it was a Fisker first and then a Porsche.’
Hunter’s ex-business partner Devon Archer testified that the Biden ‘brand’ acted as protection for Ukrainian oil company Burisma
He said because ‘people would be intimidated to mess with them’ because the then-VP’s son sat on their board
‘I think Burisma would have gone out of business if it didn’t have the brand attached to it,’ said Archer
Burisma had the ‘capabilities to navigate D.C.’ based on its connections to Joe Biden through Hunter
Archer testified that the company ‘requested Hunter’ to ‘help them with some of that pressure’ they faced from investigations
Hunter put Joe on speakerphone 20 times during business meetings over a 10-year period, which was a ‘signal’ of ‘value’
Archer said Hunter used his dad as ‘defensive leverage’
Hunter got a $142K Porsche days after Joe sat down for dinner with his business associates at Cafe Milano in D.C.
Another $3.5 million from a Russian billionaire was wired into a Biden-connected account after Joe attended one of Hunter’s business dinners
Archer also said that Hunter Biden would refer to his father as ‘my guy’
Hunter took a picture of himself while driving a Porsche at 172mph on a highway outside Las Vegas in 2018, according to pictures found on his abandoned laptop. It was not immediately clear if the Porsche gifted to Hunter by Rakishev was the same vehicle.
Read More: Hunter got a PORSCHE after bringing Joe to dinner with a Kazakh oligarch
