Hunter Biden, the son of President Biden, finds himself in the midst of yet another controversy involving his business dealings. Recent reports indicate that during his father’s vice presidency, Hunter took part in discussions to establish an account with SataBank, a Maltese bank that was subsequently shut down due to money laundering concerns.
The Daily Mail revealed the details of Hunter Biden’s involvement with SataBank. Serving as a board member of Burisma from 2014 to 2019, Hunter coordinated with top Burisma executive Vadym Pozharskyi to set up a bank account in 2016. Coincidentally, around the same time, the U.S. Attorney’s Office in Delaware initiated an investigation into potential tax and money laundering violations by Hunter.
The Malta Financial Services Authority (MFSA) took action as well, freezing SataBank’s assets in October 2018 due to money laundering concerns within the bank’s operations. Ultimately, in December of the following year, the bank was officially liquidated by the Maltese government. However, prior to its closure, Hunter Biden went through the process of submitting his passport and tax information to set up an account, as requested by Pozharskyi in an email exchange.
The correspondence between Pozharskyi and Hunter Biden sheds light on the steps taken to open the bank account. Pozharskyi requested certified true copies of passports, bank reference letters, and utility bills as proof of residential address. Hunter, in response, mentioned his travels with his father and the temporary unavailability of his passport. Later, Pozharskyi shared SataBank’s SWIFT code and address with Hunter and another recipient.
These revelations raise serious questions about the Biden family’s business dealings and potential conflicts of interest during Joe Biden’s vice presidency. The House Oversight and Accountability Committee, investigating the family’s overseas ventures, has discovered a web of more than 20 companies and over $10 million received from foreign nationals.
The American people deserve transparency and accountability from their leaders. The rule of law should be upheld, and ethical conduct should be the standard. As we delve deeper into these troubling connections, it is our duty to demand answers and hold those responsible accountable. The truth must prevail, and the American people deserve nothing less. Stay tuned as more details emerge in this ongoing investigation.
Source Fox News