Conflict of interest? Hunter Biden, son of Vice President, joins Ukrainian gas company


WASHINGTON, May 13, 2014 — In a move likely to raise eyebrows across the globe, Ukraine’s largest private gas producer announced today that the son of U.S. Vice President Joseph Biden is joining its board of directors.

According to Burisma Holdings, R. Hunter Biden will oversee the company’s legal unit and “will provide support for the Company among international organizations.”

The company goes on to tout Mr. Biden’s credentials, saying:

R. Hunter Biden is a counsel to Boies, Schiller & Flexner LLP, a national law firm based in New York, USA, which served in cases including “Bush vs. Gore”, and “U.S. vs. Microsoft”. He is one of the co-founders and a managing partner of the investment advisory company Rosemont Seneca Partners, as well as chairman of the board of Rosemont Seneca Advisors. He is an Adjunct Professor at Georgetown University’s Masters Program in the School of Foreign Service.

Mr. Biden has experience in public service and foreign policy. He is a director for the U.S. Global Leadership Coalition, The Center for National Policy, and the Chairman’s Advisory Board for the National Democratic Institute. Having served as a Senior Vice President at MBNA bank, former U.S. President Bill Clinton appointed him an Executive Director of E-Commerce Policy Coordination under Secretary of Commerce William Daley. Mr. Biden served as Honorary Co-Chair of the 2008 Obama-Biden Inaugural Committee.

Mr. Biden is a member of the bar in the State of Connecticut, and the District of Columbia, the U.S. Supreme Court, and the Court of Federal Claims. He received a Bachelor’s degree from Georgetown University, and a J.D. from Yale Law School.

R. Hunter Biden is also a well-known public figure. He is chairman of the Board of the World Food Programme U.S.A., together with the world’s largest humanitarian organization, theUnited Nations World Food Programme. In this capacity he offers assistance to the poor in developing countries, fighting hunger and poverty, and helping to provide food and education to 300 million malnourished children around the world.

Burisma is a holding company that owns several Ukrainian oil and gas companies as well as assets in the Dnepr-Donetsk, the Carpathian and the Azov-Kuvan basins. The company produced 11,600 barrels of oil equivalent in 2013, according to a member of the board, and plans to increase its production by approximately 35 percent this year.

Since the Ukraine crisis, the United States and its allies have pushed Ukraine to reduce its dependency on Russia for oil, and has pledged to assist the country in not only expanding its options for suppliers but also to develop domestic production.

In late April, Vice President Biden visited Ukraine, the highest U.S. official to visit the country since the crisis with Russia erupted. During the trip, Biden announced a U.S. aid package for Ukraine, focused on energy and the economy.

Part of the assistance included efforts to obtain new supplies from non-Russian suppliers.

A second part of the assistance included technical education to increase production from Ukrainian natural gas fields and technical assistance in the extraction of unconventional gas sources.

Burisma Holdings is likely to benefit from U.S. efforts to boost domestic Ukrainian gas production. A member of the Board of Directors with access to the highest levels of U.S. government is likely to further improve its position.

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  • Bren Pool Vignaroli

    This is DISGRACEFUL! Where’s the OUTCRY??

    • cm

      It’s not even newsworthy to the alphabet Obama Propaganda “news” outlets. Nothing to see here, move along!

      • Bren Pool Vignaroli

        Isn’t that the truth CM? Tell us we all have our work cut out for us come 2016 doesn’t it?

  • Marco

    So what will all the sycophantic Obama bin Biden, false idol, hero whore-shipers say now?!?

  • Sandra Leigh Olson Rogers

    This is evidence that these family names, that are & have been prominent in our government, are people who were selected to follow certain educational paths to prepare them to function in the New World Order.

  • Dave Nichols

    so what is the goal here? boost ukraine energy production? maybe. weakens russia’s position a bit. helps ukraines ability to finance it’s country, needing less dollars and eroes? maybe.
    sets up a nice money laundering machine to finance demoscum political appuratus here at home? likely.
    We need to see a “family tree” of the whole u.s. government How these people are woven together in the media, the banks and law firms, the elected offices etc.
    One that shows each person by name, spouse, kids, work position, etc.
    one that we can see immediatly how intertwined these “royal families” are and what a joke the current election process is.

    • KarenS

      Dave you are 100% correct. This entire administration is anti-Constitution and corrupt beyond imagination. And, it’s obvious to me how much obuttface loves the muslim brotherhood…he put a few in US tasks. I hope you don’t mind, but I’m copying your response to my facebook profile.

  • leslie

    So, after reading a paragraph listing the junior Biden’s work experience, I still don’t know what he does, do you? Sounds like a whole lot of political appointments that mean NOTHING but political connections! Bet he has never worked a day in his life. Makes me want to throw up!