President Joe Biden was allegedly paid $5 million by a Ukrainian natural gas firm executive from Burisma Holdings, where his son Hunter Biden sat on the board, a confidential source told the FBI during a June 2020 interview.
Sources confirm that the contents of the FBI-generated FD-1023 form allege a criminal bribery scheme between then Vice President Joe Biden and a foreign national that involved influence peddling over U.S. policy decisions.
The FD-1023 form, dated June 30, 2020, contains the FBI’s interview with a confidential, “highly credible” source who detailed several conversations and meetings she or he had with a top executive at Burisma over several years, beginning in 2015.
FBI agents utilize an FD-1023 form to record unverified reporting from human sources that are considered confidential. The form is used to document information told to an FBI agent, but recording that information does not weigh it against other information known by the FBI or validate it.
The executive at Burisma sought the advice of the confidential source, a business professional, on how to get involved in a U.S. oil company and gain U.S. oil rights, said sources familiar with the document. The Burisma executive spoke with the confidential source to “get advice on the best way to go forward” in 2015 and 2016.
According to the form, the confidential source said the executive discussed the younger Biden’s role on the board. The source questioned why the executive needed her or his ad ice to acquire access to U.S. oil if he had Hunter Biden on the board. The executive with Burisma answered by referring to Hunter Biden as “dumb.”
The executive explained to the confidential source that Burisma needed to “pay the Bidens” because Ukrainian prosecutor Viktor Shokin was investigating the company and explained it would be difficult to enter the U.S. amid an investigation.
The confidential source gave further details of the conversation, suggesting to the executive he “pay the Bidens $50,000 each,” to which the executive replied, it is “not $50,000,” it is $5 million.”
“$5 million for one Biden, $5 million for the other Biden,” said the executive to the source, according to the document.
According to the source familiar with the FD-1023 form, the $5 million payments appear to be some “retainer” Burisma intended to pay the Bidens to deal with several issues, including the investigation led by Shokin. A separate source referred to the arrangement as a “pay-to-play” scheme.
According to a report by Fox News Digital, the confidential source believes the $5 million payment to Hunter Biden and the $5 million payment to Joe Biden occurred based on her or his conversations with the Burisma executive.
The source said the executive told him he “paid” the Bidens in a manner “through so many different bank accounts” that investigators would have difficulty trying to “unravel this for at least ten years.”
The document refers to “the Big Guy,” which has been said to reference President Joe Biden.
According to Fox News Digital, the FBI has used the confidential source as a reliable, regular source of information since 2010 and has been paid approximately $200,000 by the bureau.
Sources say the executive at Burisma appears to be a “very, very high-level” company employee. The source’s name is redacted in the document.
Then-President Trump pushed for investigations into the Biden family’s Ukraine business dealings
In 2019, then-President Trump urged Ukrainian President Volodymyr Zelenskyy to launch investigations into business dealings and actions by the Biden family in Ukraine — specifically Joe Biden’s successful effort to have Shokin ousted and Hunter Biden’s ventures with Burisma Holdings.
At the time, Democrats accused Trump of quid pro quo for millions in U.S. military aid to Ukraine being frozen. Dems also claimed Trump was meddling in the 2020 presidential election by requesting that a foreign leader look into a political opponent.
The House of Representatives later impeached former President Trump for obstruction of Congress and abuse of power — all stemming from the call to Zelenskyy to question the Bidens’ dealings. The Senate voted to acquit him in February 2020.
The House Oversight Committee had subpoenaed the FBI to access the FD-1023 document. After a prolonged back-and-forth between the bureau and the committee amid threats of holding FBI Director Christopher Wray in contempt of Congress, the FBI finally allowed all committee members to view the document securely on Capitol Hill.
The revelations included in the document came after a whistleblower approached Republican House Oversight Committee Chairman James Comer of Kentucky and Senator Chuck Grassley of Iowa. The whistleblower said the FBI was in possession of a document — FD-1023, dated June 30, 2020.
The White House maintains that President Biden has never been involved in his son’s business dealings or discussed any of them with him. Hunter Biden remains under federal investigation for his “tax affairs.” The investigation began in 2018, prompted by suspicious foreign transactions.
The White House had declined to comment, pointing to a statement from the president Thursday when he called the allegations “a bunch of malarky.”
