Russian oligarch who met with Hunter Biden sanctioned by UK — but not US

Russian oligarch who met with Hunter Biden sanctioned by UK — but not US

Hunter Biden as soon as met with a controversial Russian oligarch who’s been sanctioned by the UK over the lethal invasion of Ukraine — however hasn’t confronted any punishment from the US.

An itinerary for a three-day go to to the US by billionaire Vladimir Yevtushenkov reveals a breakfast scheduled with President Biden’s son on the swank Ritz-Carlton resort close to Central Park from 9 to 10 a.m. on March 14, 2012, investigative journalist Vicky Ward revealed on her Substack account Wednesday.

The Russian-language doc was reportedly saved on a pc server at Sistema, the enterprise conglomerate Yevtushenkov based in 1993.

It was copied by a former Sistema insider who was “involved by what it reveals,” Ward wrote.

A spokesman for Sistema confirmed to The Publish on Friday that the assembly passed off and mentioned it was “amongst numerous different conferences as a part of a routine enterprise journey to the US to scout potential funding alternatives.”

Vladimir Yevtushenkov met Hunter Biden son on the Ritz-Carlton close to Central Park on March 14, 2012.Caitlin Thorne Hersey

“There was no follow-up from the assembly and Mr. Yevtushenkov has not met or had any contact with Hunter Biden since then,” spokesman Peter Morley mentioned in an e-mail.

The assembly was held whereas Biden’s dad was vp.

Joe Biden has denied any information of, or involvement with, his scandal-scarred son’s enterprise dealings, that are the topic of a federal grand jury probe in Delaware.

The London Inventory Change suspended buying and selling of shares in Sistema on March 4 in response to Russian President Vladimir Putin’s ongoing invasion of Ukraine.

Demonstrators gathered exterior a mansion in Holland Park owned by Russian oligarch Vladimir Yevtushenkov.ZUMAPRESS.com

The corporate’s shares at the moment are traded on the Moscow Inventory Change, the place they had been promoting Friday afternoon for lower than 13 rubles every, down from a 52-week excessive of 34.42.

Yevtushenkov, whose mansion in London’s posh Holland Park neighborhood has been picketed by pro-Ukrainian protesters, was personally sanctioned by Britain on April 13.

In response, he formally gave up management of Sistema by decreasing his stake within the firm to 49.2% by transferring 10% possession to his son.

In 2018, two members of Congress referred to as on the US Treasury and State departments to research Yevtushenkov over allegations that his “firms have been concerned in large-scale funding and building initiatives within the Crimea area of Ukraine that has been illegally occupied and annexed by the Russian Federation.”

Former Moscow Mayor Yuri Luzhkov with billionaire spouse Yelena Baturina on Sept. 22, 2016.Mikhail Svetlov/Getty Photographs

Then-US Reps. Ileana Ros-Lehtinen (R-Florida) and Mark Walker (R-North Carolina) additionally cited allegations that the Sistema-owned Cellular TeleSystems firm “has been partaking in corrupt enterprise practices involving the federal government of Uzbekistan.”

In 2019, MTS agreed to pay a legal high quality and forfeiture totaling $850 million to settle probes by the Division of Justice and the Securities Change Fee into bribery allegations involving a former subsidiary in Uzbekistan.

Sistema denies any funding exercise in Crimea, its spokesman mentioned.

Yevtushenkov hasn’t been sanctioned by the US, in keeping with searchable data on the Treasury Division web site.

Russian President Vladimir Putin’s invasion of Ukraine brought on the London Inventory Change to droop buying and selling of Sistema shares.Kommersant Picture / Polaris

On-line stories, together with one cited in a secret US authorities cable posted on-line by Wikileaks, have mentioned he’s married to the sister of Russian billionaire Elena Baturina, the widow of ousted Moscow Mayor Yuri Luzhkov.

However Sistema’s spokesman mentioned that whereas Yevtushenkov’s spouse has the identical title as Baturina’s sister, they’re two totally different ladies, including: “Vladimir Yevtushenko is just not associated to Elena Baturina, and by no means has been.”

In 2014, Baturina wired $3.5 million for a “consultancy settlement” with an funding agency co-founded by Hunter Biden, in keeping with a report launched by Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.) in 2020.

A lawyer for Hunter Biden, George Mesires, has denied that his consumer co-founded the corporate Rosemont Seneca Thornton and mentioned that “the declare that he was paid $3.5 million is fake.”

Baturina, who’s price an estimated $1.4 billion, has additionally gone unsanctioned, which final week led Home Republicans to demand that Treasury Division Janet Yellen say whether or not Russia’s second-richest girl was “being handled otherwise” due to her alleged ties to the primary son.

Hunter Biden’s lawyer Chris Clark declined to remark. Neither the White Home nor the Treasury Division responded to e-mail inquiries.

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