Burisma Holdings “would have gone out of business” without the Biden brand attached to the company, Devon Archer testified.
Wendell HusebøBurisma Holdings “would have gone out of business” without the Biden brand attached to the company, Devon Archer, Hunter Biden’s best friend in business, said during a transcribed congressional testimony.
Archer told investigators that Hunter Biden put then-Vice President Joe Biden on speakerphone over 20 times with business associates to sell the Biden brand. That brand is what saved Burisma from going bankrupt, according to Archer. In 2014, Archer and Hunter Biden both joined the board of Burisma, a Ukrainian energy company with legal challenges, as it was under investigation for wrongdoing. In turn, Burisma paid Hunter Biden $83,000 a month to be a board member and provide the Biden brand.
“My only thought is that I think Burisma would have gone out of business if it didn’t have the brand attached to it,” Archer told Rep. Daniel Goldman . “That’s my, like, only [
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