John Kerry’s son cut business ties with Hunter Biden over Ukrainian oil deal

WaEx:

John Kerry’s stepson rushed to play damage control at the State Department after his business partner Hunter Biden cut a deal with an oligarch-owned Ukrainian gas company in 2014, according to internal State Department correspondence obtained by the Washington Examiner.

The correspondence adds to the questions about Biden’s business activities, which have dogged the 2020 Democratic primary campaign of his father Joe. Hunter Biden’s long history of drug and alcohol abuse, which contributed to his divorce and his dismissal from the Navy Reserve, has also attracted unwelcome publicity for the Democratic front-runner.

An email released to the Washington Examiner shows that Biden’s decision to join the board of Ukraine’s Burisma Holdings sparked immediate concern within his inner circle about the political optics. Biden’s father Joe — now vying for the 2020 Democratic Party nomination — was then vice president and overseeing the Obama administration’s Ukraine policy.

At the time, Hunter Biden, now 49, and Christopher Heinz, the stepson of then-Secretary of State John Kerry, co-owned Rosemont Seneca Partners, a $2.4 billion private equity firm. Heinz’s college roommate, Devon Archer, was managing partner in the firm. In the spring of 2014, Biden and Archer joined the board of Burisma Holdings, a Ukrainian gas company that was at the center of a U.K. money laundering probe. Over the next year, Burisma reportedly paid Biden and Archer’s companies over $3 million. read more