READ Devon Archer’s testimony on the Biden family business deals in full
Hunter Biden‘s former business partner Devon Archer testified to Congress about the then-vice president Joe’s alleged involvement in foreign deals.
During his grilling on Monday, Archer revealed details of the 20 occasions he was on speakerphone or met in person with associates his son was in business with.
Archer also described how Hunter referred to his father as ‘my guy’, the influence of the Biden ‘brand,’ and used him to create the ‘illusion of access.’
In three hours of testimony, he told lawmakers that Joe Biden ‘brought the most value to the brand’.
Hunter’s deals helped him rake in millions from countries including China, Kazakhstan and Ukraine.
On Thursday, the Republicans on the House Oversight Committee released the transcript in full.
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Hunter Biden’s former business partner Devon Archer testified to Congress about the then-vice president Joe’s alleged involvement in foreign deals
Hunter got a PORSCHE after bringing Joe to dinner with a Kazakh oligarch, Archer’s testimony reveals
According to the full transcript of Hunter Biden’s ex-business partner Devon Archer’s testimony to Congress, Joe Biden’s ‘brand’ protected Burisma from ‘pressure’ and the then-vice president’s intimidating influence directly led to his son receiving huge sums of foreign money – and a $142,300 Porche.
After Archer’s closed-door testimony on Monday to the House Oversight Committee, Republicans said he revealed Joe was directly involved in Hunter’s shady dealings, while Democrats insisted the then-vice president’s involvement was innocent and focused on ‘niceties,’ not business.
According to the transcript obtained by DailyMail.com on Thursday, Archer testified that then-Vice President Joe Biden’s ‘brand’ protected Ukranian oil company Burisma because ‘people would be intimidated to mess with them.’
He confirmed that Hunter put Joe on speakerphone 20 times over a 10 year period, which was a ‘signal’ of ‘value.’
Hunter’s presence on Burisma’s board and access to his father’s ‘brand’ led to the company’s ‘longevity’ because they had the ‘capabilities to navigate D.C.,’ Archer said according to the transcript.
‘I think Burisma would have gone out of business if it didn’t have the brand attached to it. That’s my, like, only honest opinion,’ Archer continued.
Hunter’s best friend and business associate sat with him on Burisma’s board beginning in 2014. They also started Rosemont Seneca Partners, an investment advisory firm, together.
Archer confirmed to lawmakers that Joe sat and had dinner in-person on at least two occasions with Hunter and his foreign business partners, who then wired money almost immediately after to Biden-affiliated companies.
In the spring of 2014, Joe joined Hunter and a handful of his business partners for dinner at Cafe Milano in Washington, D.C., including Kenes Rakishev, Karim Massimov, Yelena Baturina and possibly Eric Schwerin.
Archer confirmed that Joe was present long enough to eat dinner with the group.
Following the dinner, $3.5 million was wired from Russian billionaire Yelena Baturina into Rosemont Seneca Thornton on February 14.
On April 22, $142,300 was wired into the Rosemont Seneca Bohai account from Kenes Rakishev, a businessman from Kazakhstan, who was also at the Cafe Milano dinner.
The payment was made as a gift to Hunter, who received an ‘expensive car.’
Archer told the committee ‘I believe it was a Fisker first and then a Porsche.’
Hunter took a picture himself while driving a Porsche at an incredible 172mph on a highway outside Las Vegas in 2018, according to pictures found on his abandoned laptop. It was not immediately clear if the Porsche gifted to Hunter by Rakishev was the same vehicle.
Joe Biden, Hunter Biden, the Prime Minister of Kazakhstan Karim Massimov and Kenes Rakishev pictured at Cafe Milano
Hunter Biden walks out of a Delaware federal court last week after his plea deal on gun and tax crimes dramatically collapsed
Biden has been on vacation in Rehoboth Beach, Delaware, since details of Devon Archer’s testimony started to come out
The then-vice president also sat in on another dinner with Hunter and his partners in 2015 at Cafe Milano, Archer confirmed.
He also said that Hunter Biden would refer to his father as ‘my guy,’ which Republicans noted following the closed-door testimony on Monday.
According to the transcript, Hunter as ‘getting paid a lot of money’ by Burisma and ‘wanted to show value’ by getting credit for Joe Biden’s Ukraine trip in 2014.
‘I can’t guide my father in what he’s going to do on this trip, but let’s get credit for it,’ Archer said Hunter was thinking by referring to his dad as ‘my guy.’
Exhibit 2 in the attachments also showed Hunter, on email as ‘Robert,’ writing to Archer in April 2014 saying ‘our guy needs to set himself up as the anti-Victor Pinchuk (coal and steel oligarch – pro Russian Yanukuvich supporter).
At the time, then-Vice President Joe Biden was leading the U.S. anti-corruption efforts abroad.
Hunter got a $142K Porche days after Joe sat down for dinner with his business associates at Cafe Milano
Questions had remained about why Archer decided to cooperate with the committee this week after he previously cancelled on the committee at least three times in recent weeks.
Archer, 48, was subpoenaed on June 12 by the House Oversight Committee, which is investigating Hunter’s businesses and whether he and other members of the Biden family improperly traded on their connections.
According to Archer’s opening statement in the transcript, he said ‘it’s been a long decade’ and his entire forties have been ‘mired in fighting the government.’
‘So I want to be cooperative now and maybe we can all be friends. So let’s take it from there,’ he told committee staff and lawmakers.
Archer is facing legal troubles of his own and is expected to go to prison shortly.