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son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer.

Son of US VP Joe Biden appointed to board of major Ukrainian gas company

May 15, 2014

 

Sad indeed. Apparently, here at home we do not have areas needing improvements that could benefit from Mr. Biden Jr. talents, education, and experience – I am sure Ukraine will be saved now that he is there.

 

Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev.

 

Biden will advise on “transparency, corporate governance and responsibility, international expansion and other priorities” to “contribute to the economy and benefit the people of Ukraine.”

 

Joe Biden’s senior campaign adviser in 2004, financier Devon Archer, a business partner of Hunter Biden’s, also joined the Bursima board claiming it was like ‘Exxon in the old days’.

 

Gazprom is demanding Kiev pays $485 per 1,000 cubic meters, raised from $268.50 after Moscow was forced to cancel several discounts agreed upon under Yanukovich’s tenure as president. Kiev rejects the new price as “politically motivated” and says it will only pay its debt if Gazprom lowers the price back to $268.50

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