Posts Tagged ‘Burisma’

The whole GRU phishing story seems fishy

January 16, 2020

Area 1 Security, a California-based cybersecurity firm, claimed that Russian military intelligence successfully hacked Burisma Holdings for dirt on Joe Biden’s son.

The GRU allegedly used what’s known as phishing—tricking people into revealing passwords and other information needed to penetrate a secure computer system.

Area 1 Security claims to have the capability of a little junior National Security Agency.  Here’s what the New York Times reported.

“The attacks were successful,” said Oren Falkowitz, a co-founder of Area 1, who previously served at the National Security Agency.  Mr. Falkowitz’s firm maintains a network of sensors on web servers around the globe — many known to be used by state-sponsored hackers — which gives the firm a front-row seat to phishing attacks, and allows them to block attacks on their customers.

Source: The New York Times.

But the company’s services are limited to giving really, really good protection against phishing attacks.  I would not think a company with such superpowers would limit itself like this.

Interestingly, in the original announcement and press release, Area 1 did not claim to know that Burisma Holdings security had been breached—only that the GRU was attempting to penetrate its security through phishing.

That is probably true.  The GRU is no doubt trying to penetrate all the major corporations and government agencies in Ukraine.  But why wouldn’t Area 1 put the stronger claim in its press release?  It makes the claim that the GRU was successful seem like an afterthought..

I think the purpose of the announcement is to make Burisma Holdings, the corrupt former employer of Joe Biden’s son Hunter, off limits for discussion in the coming election campaign.  Anybody who raises this issue will be called a Russian asset.

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Donald Trump, Joe Biden and Ukraine corruption

November 15, 2019

Presidents Zelensky and Trump

I think there is a case to be made that President Donald Trump abused the power of his office.

He did threaten to withhold military aid unless the Ukrainian government announced an investigation of the Burisma oil and gas company and Hunter Biden’s involvement in it.

The problem with this is that Joe Biden, when he was vice president, did the exact same thing.

He threatened to withhold aid from Ukraine unless it fired the prosecutor who was investigating Burisma.

Biden’s claim is that the prosecutor was lax in investigating corruption.  But the evidence indicates otherwise, that the prosecutor was closing in on Burisma at the time he was forced out.

Hunter Biden knew nothing of Ukraine or the oil and gas business.  His only value to Burisma is that he was the vice-president’s son and therefore provided Burisma with a certain immunity from prosecution.

It hasn’t been proved that Hunter Biden did anything wrong beyond this, but then his role hasn’t been investigated.

This is not a justification of wrong-doing by President Trump.  Two wrongs don’t make a right.

Ukraine is a vast swamp of corruption, and Hunter Biden is not the only politically-connected American who has sought to make money there.

Donald Trump and Attorney-General William Barr oppose the Foreign Corrupt Practices Act, which make it a crime for an American to bribe a foreign government official.  They want to make bribery once again simply a cost of doing business.

Barr also opposes the False Claims Act, which gives any American standing to sue a person or company that defrauds the U.S. government.  In other words, both Trump and Barr want protect corruption and fraud.

It would be very interesting to know how many Americans are on the boards of Ukrainian companies, or political consultants or public relations consultants to Ukrainian oligarchs or politicians.  I’m sure their numbers would include both Democrats and Republicans.

I think Democrats in the House of Representatives would help themselves politically by investigating corruption and mismanagement in the Trump administration across the board, rather than limiting themselves to this one ambiguous issue.

True, they might uncover things that are embarrassing to their own donors.

I feel sorry for the long-suffering people of Ukraine.  Neither the U.S. government, the European Union, the Russian Federation or their own plutocrats and autocrats care anything for their welfare.

LINKS

Corruption in Ukraine Wikipedia article.

Hunter Biden’s Ukraine gas firm pressed Obama administration to end corruption allegations by John Solomon on his blog.

A Timeline of Joe Biden’s Intervention Against the Prosecutor General of Ukraine by the Moon of Alabama blog.

Is Trump the Most Corrupt President in American History? an interview of Bill Black, an expert on financial fraud, on the Real News Network.  Black’s answer: Yes.

This Is What a Legitimate Anti-Corruption Effort in Ukraine Would Look Like by Samantha Winograd for POLITICO.

Trump, Biden and Ukraine

September 25, 2019

I wrote a week ago that impeachment of President Donald Trump is a mirage, and now Speaker of the House Nancy Pelosi has called for an impeachment investigation of the President.  Such are the perils of commenting on breaking news.

The circumstantial  information already available to the public indicates that President Trump has abused the powers of his office.

President Trump

He acknowledged holding back $250 million in military aid that Congress had appropriated for Ukraine.

He acknowledged talking to President Volodymyr Zelensky of Ukraine about reopening an investigation of Burisma, a Ukrainian energy company that paid Hunter Biden, the son of Joe Biden, $50,000 a month to serve on its board of directors.  The younger Biden resigned from the board earlier this year.

The House Judiciary Committee wants the transcript of Trump’s conversation with Zelensky, but even if nothing was said that connects the aid package to the investigation, the implication is clear.

The House has a duty to investigate.  I don’t think it is a good idea to call it an impeachment investigation just yet because calling it that means the investigation will be considered a failure if it does not result in impeachment recommendations.

Impeachment by the House may or may not be justified.  Conviction by the Senate would be next to impossible because it would require unanimity among the 47 Democratic Senators plus support by at least 20 Republicans.

Joe and Hunter Biden

What Republicans will point out is that Vice President Joe Biden threatened to hold up $1 billion in loan guarantees to Ukraine unless the government fired Viktor Shotkin, the prosecutor that was investigating Burisma.

Biden claims that Shotkin was corrupt, and his threat had nothing to do with his son.

I know of no evidence that either Joe Biden or his ne’er-do-well son, Hunter, broke the law.  But it’s obvious that Hunter would not have gotten his position if his father had not been Vice President.

It was a conflict of interest for Biden to be President Obama’s point man for Ukraine after his son took the job.

Biden may suffer more political damage than Trump.  The Trump Organization’s worldwide operations involve more extensive potential conflicts of interest.  But Biden has a reputation to lose and Trump doesn’t.

The greatest reputational damage of all in the whole affair is to the reputation of the United States of America as a whole.  It shows that American political leaders do not respect the sovereignty of allies.  It shows they use American power to advance their personal family and political interests.

So far as political strategy goes, I think that so long as public attention is focused on personalities, Trump benefits, and that Democrats can win only if they focus on policy and governance.  Trump may win if the 2020 election hinges on impeachment, and impeachment fails.

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Ukraine gas company hires Joe Biden’s son

May 14, 2014

Burisma Holdings Ltd., the Ukraine’s largest producer of natural gas, announced that Hunter Biden, the son of vice president Joe Biden, is joining its board of directors.   He will be in charge of the firm’s legal department, and work on “transparency, corporate governance and responsibility, international expansion and other priorities.”

Joe Biden and Hunter Biden

Joe Biden and Hunter Biden

Burisma also announced the appointment of Devon Archer to its board.   Archer was co-chair of the fund-raising committee for John Kerry’s 2004 presidential campaign.  Hunter Biden used to be a lobbyist, but gave that up in September, 2008, before his dad was elected vice president.

Biden and Archer are members of Rosemont Seneca Partners, a finance and policy advisory firm.   Archer is the college roommate of Christopher Heinz, the stepson of John Kerry.  The two of them founded Rosemont Capital, a private equity firm which owns half of Rosemont Seneca Partners.  Archer is a noted fund-raiser and bundler of campaign contributions for the Democratic party.

Burisma was founded in 2006 and is headquartered in Cyprus.  It owns gas fields all over Ukraine, including in the Donetsk basin in eastern Ukraine where separatists hold sway.

Crony capitalism?   Hardly anybody in Washington appears to think so.  Biden and Archer have violated no laws, and, as one person put it, Hunter Biden shouldn’t be deprived of a job opportunity just because he is the Vice President’s son.  What do you think?

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