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How Hunter Biden’s Interests ‘Overlapped’ With Banned Ukrainian Oligarch

This story by Fred Lucas appears today in The Daily Signal:

The Ukrainian oligarch whom the Biden administration banned from the United States this month previously had overlapping financial interests with President Joe Biden’s son Hunter, according to government documents and earlier news reports.

Igor Kolomoisky, a Ukrainian billionaire known for hardball actions against competing companies, is a former government official in Ukraine and also used to be an owner of one of that nation’s largest financial institutions, PrivatBank.

Last year, under the Trump administration, as the Justice Department investigated Kolomoisky’s U.S. assets, the FBI raided Optima Management Group, a U.S. real estate company that Kolomoisky has a stake in.

The Biden administration has cranked matters up, with Secretary of State Antony Blinken announcing March 6 that the U.S. would freeze Kolomoisky’s U.S. assets and ban him from reentering the country.

In a separate probe, the U.S. Attorney’s Office in Delaware has been investigating Hunter Biden’s overseas business relationships and taxes since 2018.

Moving against Kolomoisky could indicate the Biden administration won’t take the political risk of interfering in legal matters that could lead back to the younger Biden, said Peter Flaherty, chairman of the National Legal and Policy Center, a conservative government watchdog group.

“The investigation into Kolomoisky proves that the administration isn’t just going to make this [investigation] go away, and that is a good thing,” Flaherty told The Daily Signal in a statement.

Flaherty said it is “almost impossible” to operate in Ukraine’s business environment without the oligarch. Still, Flaherty said, he has not seen evidence that Hunter Biden and Kolomoisky directly met.

“Clearly, their interests overlapped,” Flaherty said. “Even if there was not conspiracy or coordination between the two, Hunter was clearly in Kolomoisky’s web.”

Click here to read the rest in the Daily Signal.

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