The Investigative Committee conducted an inspection on the appeal of a group of deputies of the [[Russian State Duma]] of the Federal Assembly of the Russian Federation and other persons about the [[financing]] of [[terrorist]] activities by top officials of the [[United States]] and [[NATO]] countries. Based on its results, a [[criminal]] case was initiated on the grounds of a crime under Part 4 of Article 205.1 of the Criminal Code of the Russian Federation (financing of terrorism).
[[File:Burisma Board.PNG|left|300px|thumb|''Source:'' https://youtu.be/IFk5wgMl2k8 SourceWatch: J. Cofer Black<ref>https://www.sourcewatch.org/index.php/J._Cofer_Black</ref> ]]
On 18 April 2014, [[Hunter Biden]], the son of then-[[Vice President]] [[Joe Biden]], who managed US-Ukraine relations for the [[Obama administration]], was appointed to the board of Burisma Holdings. In February 2016, [[Joseph Cofer Black]], the Director of the CIA's Counterterrorist Center (CTC) (1999-2002) in the [[George W. Bush]] administration and Ambassador at Large for counter-terrorism (2002-2004) joined Burisma's board of directors.<ref>{{Cite web|url=https://www.huffpost.com/entry/former-cia-director-joins-burisma-and-it-is-good-news_b_58adf600e4b01f4ab51c75a4|title=Former CIA Director Joins Burisma, and It Is Good News|last=Nwazor|first=Toby|last2=Coach|first2=ContributorSuccess|date=2017-02-22|website=HuffPost|language=en|access-date=2019-04-17|last3=Consultant|first3=Business Development|last4=Speaker|first4=Motivational|last5=Writer}}</ref> Before joining the board of Burisma, [[Cofer Black]] held a spot on the board of a [[Latvia]]n Bank.<ref>[https://view.news.eu.nasdaq.com/view?id=b98410a9fc50a7c5dd2dba804ab5330dd&lang=en Extraordinary Shareholders’ Meeting of Baltic International Bank Held], Baltic International Bank. Published: 2016-10-11 13:39:26 CEST. https://view.news.eu.nasdaq.com</ref> In an interview with ''DELFI'', a business magazine, Cofer claimed expertise in terrorist financing: "What does counterterrorism have in common with banking? How much time do you have? Actually [they are] shockingly similar. I spent the last 12 years of my time [at the CIA] in counterterrorism, but before that I worked in other fields [of intelligence]. An important thing in counterterrorism is what we now call financial counterterrorism. At the beginning of my career, there was little if any combating of terrorism in the financial area."<ref>[https://www.bib.eu/uploads/content/1/2/8/2/8/ec34c5f5/Joseph-Cofer-Black_Delfi_EN.pdf Former head of US counterterrorism: a degraded society is a greater threat for Latvia than a military attack], Delpfi Business, December 20, 2016. www.bib.eu</ref>. In 2018 the bank was fined:{{quoteboc-float|"Latvia’s financial regulator, the Financial and Capital Market Commission (FKTK) said December 6 it was imposing a 1.5 million euro fine on Baltic International Bank (BIB) “for deficiencies in the Bank’s internal control system.”. . .
“In 2018 the FKTK carried out an on-site inspection of the Bank, as well as a targeted inspection, during which the FCMC identified that the Bank’s internal control system does not fully comply to the regulatory requirements governing the prevention of money laundering and terrorism and proliferation financing (hereinafter – AML/CTPF),” the FKTK said.
“The Bank had not established an adequate internal control system to meet its risks in the field of prevention of money laundering and terrorism and proliferation financing, which would ensure effective compliance with the regulatory requirements,” it added, explaining that “in several cases” the bank had not taken sufficient measures to make certain that a beneficial owner indicated was the beneficial owner; had not obtained documentation and had not taken necessary measures to make certain of the origin of financial means in its customer accounts and had not documented conclusions; had not ensured appropriate and high-quality enhanced customer due diligence; had not duly decided on termination of business relationships with customers and, in a particularly damning comment “had not paid sufficient and special attention to untypical large, complex, inter-related transactions with no apparent economic purpose or clear legal purpose.”}}
Prosecutor General of Ukraine [[Viktor Shokin]] initiated a [[corruption]] investigation against Burisma Holdings in 2016, but Sholin was dismissed due to Jor Biden’s pressure on then-President of Ukraine [[Petro Poroshenko]]. Shokin had evidence of [[money laundering]] by Burisma Holdings, and Biden threatened to delay sending $1 billion in aid to Ukraine.<ref>[https://lawandcrime.com/high-profile/biden-reportedly-bragged-about-the-firing-of-a-prosecutor-who-was-investigating-his-sons-firm/ Biden Reportedly ‘Bragged’ About the Firing of a Prosecutor Who Was Investigating His Son’s Firm], by Colin Kalmbacher, April 2nd, 2019. https://lawandcrime.com</ref>
[[File:96% of Burisma's production comes from Dniepr-Donets Basin.PNG|right|300px|thumb|The heart of Burisma Holdings' Yuzov field in the Dniepr-Dontes Basin.<ref>[https://youtu.be/IFk5wgMl2k8 BURISMA GROUP VIDEO 2018], BURISMA GROUP, Oct 4, 2018. YouTube.</ref>]]