The tax investigation against Hunter Biden, the son of US President Joe Biden, is gaining momentum in American circles, as prosecutors collect information from many of his partners about his sources of foreign income, including from Ukraine, and are examining the relationship of the US president’s son with a company that dealt with some of his financial resources, according to The Wall Street Journal reported.
In recent weeks, according to the report, prosecutors from the US Attorney’s Office in Delaware have sought information and testimony before a grand jury about money Hunter received several years ago from the Ukrainian natural gas company Burisma Holdings Ltd, and how he used the money.
Last month, prosecutors also extensively questioned another colleague of Hunter about the president’s drug and alcohol use, spending habits and state of mind in 2018, suggesting that prosecutors are exploring whether such activity would file against him with a criminal tax case. Prosecutors often seek such testimony on record to secure it before the defense has a chance to better present it at trial.
And last year, prosecutors called several of Biden’s associates and other witnesses to testify before a grand jury as part of their wide-ranging investigation into Hunter’s business dealings. “They are checking whether he has violated tax or other laws, including those regulating pressure on foreign governments, through his business relationships in Ukraine, China, Kazakhstan and elsewhere,” some of the people said. The plaintiffs focused specifically on payments from Burisma, which first flowed to a company called Rosemont Seneca Bohai LLC before moving to Hunter, who took a seat on Burisma’s board of directors where he was paid about $50,000 a month, according to the report.
In December 2020, shortly after his father won the presidency, Hunter said, “His tax affairs are under investigation by the Office of the United States Attorney in Delaware…and he is confident that a professional and objective review of these matters will prove that I handled my affairs.” legally and appropriately.
Spokesmen for the Department of Justice and the Delaware US Attorney’s office declined to comment. Asked about Hunter during a routine briefing on March 18, White House spokeswoman Jen Psaki said, “He’s a private citizen,” and declined to comment.
The newspaper reported how Hunter Biden, a lawyer who is now 52 years old, appears to be taking advantage of his family name in business dealings with business leaders in Europe and China who were seeking to enhance the Biden family’s credibility or gain a foothold in the United States. With signs of increased activity in 2016, the last full year of his father’s tenure as Vice President.
The newspaper reported how Hunter, in his 2021 memoir, Beautiful Things, explored his battle with alcohol and cocaine, writing: “We are all alone in our addiction. It doesn’t matter how much money you have, who your friends are, and what family you come from. In the end, we all have to deal with it ourselves — first one day, then another, then the next.”