- Devon Archer, a former business associate of Hunter Biden, said Monday that a company controlled by Kazakhstan oligarch Kenneth Rakishev had been named after Archer, Hunter Biden, and later — Archer’s testimony released Thursday. Records show that Vice President Joe Biden had dinner with him in Washington DC in the spring of 2014.
- Records show that the $142,300 transferred by Mr. Rakishev’s company was transferred to a payee at a car dealership the day after it was received so that Mr. Hunter Biden could purchase a Porsche.
- Archer called the deal a “business issue” between the young Biden and Rakishev, according to the records.
Devon Archer is linked to Hunter Biden for a Porsche purchase Monday, around the time Kazakh oligarch Kenneth Rakishev met Joe Biden and his son at a dinner in Washington, D.C. in 2014. He testified that he transferred a large amount of money to a company account. To the transcript of Archer’s Monday testimony.
A company run by Rakishev transferred $142,300 to corporate accounts linked to Archer and Hunter Biden on April 22, 2014, and the funds were transferred to one group of beneficiaries. car dealer The next day, when Hunter made it possible to buy a Porsche, transcript Details of Archer’s hearing were released Thursday. Rakishev attended a dinner at Café Milano in Washington, D.C., in the spring of 2014, along with Joe Biden, Hunter Biden, Archer, and several of Hunter’s and Archer’s wealthy foreign business associates. Archer testified.
Rakishev’s fortune is estimated at just under $1 billion and is considered one of Kazakhstan’s most influential businessmen. according to To Forbes Kazakhstan.
According to the filing, Archer said the transfer was “for a luxury vehicle” and that the deal was a “business matter” between Hunter Biden and Rakishev. James Mandolfo, chief investigative adviser to the House Oversight and Accountability Committee, said in subsequent questioning that the payment was made to Porsche, according to the transcript.
Archer couldn’t remember the exact date the dinner took place, but said it was sometime in the spring of 2014. Hunter Biden and Rakishev also reportedly met at a hotel in Washington DC on February 5, 2014. according to It was stored in an open source database of emails found on Hunter’s now infamous laptop.
A photo reportedly shows Rakishev, Joe Biden, Hunter Biden and former Kazakhstan Prime Minister Karim Masimov together. This photo was first published in November 2019. website Member of the Kazakhstan Asset Recovery Initiative, an anti-corruption group in Kazakhstan. (Related: The Biden Family ‘Brand’ Made People ‘Afraid to Mess With’ Burisma, Devon Archer Testifies)
Joe Biden delivered a speech in Kiev, Ukraine, on the same day that a $142,300 wire was transferred to Hunter-related accounts, denouncing Russia’s first takeover of Crimea. according to President Obama’s 2014 press release and its transcript.
According to reports in 2020, Rakishev is a Chechen warlord and close ally of Russian President Vladimir Putin, best known as a colleague of Ramzan Kadyrov, who has supported Putin’s 2022 invasion of Ukraine. there is report According to the Organized Crime and Corruption Reporting Project and 2015 report According to Associated Press.
According to Archer’s testimony, Yelena Baturina, the former CEO of a major Russian real estate company and the wife of the late Moscow mayor, was also present at the dinner in question in the spring of 2014. . Archer said about $3.5 million was transferred from accounts associated with her to accounts associated with Hunter Biden in the weeks before and after the dinner, but this particular transfer was between Baturina and Baturina. It said it was part of a much larger “investment program” deal between Records show that it has a vested interest in Hunter Biden and Archer’s real estate firm.
Joe Biden denies discussing his son’s overseas business deals with Hunter, but a House Oversight and Accountability Committee investigation found Biden more involved than he claims. Republicans are challenging the allegations, and they are gaining momentum as information comes to light that suggests the possibility.
The White House did not immediately respond to a request for comment.
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