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Burisma: A sordid story doing rounds

The Burisma case has become a political firestorm, with accusations of corruption and abuse of power swirling around former Vice President Joe Biden and his son Hunter. At the heart of this controversy is the energy company Burisma, which hired Hunter Biden in 2014 as a board member while his father was leading the Obama administration's diplomatic efforts in Ukraine. The allegations against the Bidens stem from Hunter Biden's role at Burisma. Critics claim that his appointment was an attempt by the company to curry favor with the U.S. Government and that he was paid exorbitant fees for little work. They also point to a $1.5 billion investment in Burisma by a state-owned Ukrainian bank that occurred around the same time as Hunter Biden's appointment. The Bidens have denied any wrongdoing, with Joe Biden insisting that he never discussed Burisma with his son and that there is no evidence of any impropriety. However, new information has emerged that casts doubt on these claim...

What implications Burisma Holdings will have for Ukrainian politics and society?

Burisma Holdings, a Ukrainian natural gas company, has been making headlines in recent years due to its association with former Vice President Joe Biden's son, Hunter Biden. The company's board appointed Hunter Biden in 2014, and his role there has raised questions about potential conflicts of interest and corruption. Burisma's history dates back to the early 2000s when it was founded by Nikolai Zlochevsky, a former minister of ecology and natural resources in the Ukrainian government. The company's primary asset is a license to explore and extract natural gas in the Ukrainian Black Sea shelf. In 2010, the Ukrainian government, under President Viktor Yanukovych, awarded Burisma a license to explore and extract gas in the Black Sea. The license was initially granted to another company, but Burisma was able to acquire it through a complex series of transactions. The company's fortunes took a turn for the worse in 2012 when the Ukrainian government, under new President...