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I'm going to tweet about this 1 more time since 2019. The way we know the Hunter Biden "scandal" is BS is it has ALWAYS been BS. Victor Shokin was corrupt & forced to resign by global pressure, including from EU, IMF, institutional investors & USA. Let's just discuss IMF.../1
...Shokin was a corrupt guy who let Ukraine corruption flourish - including by letting Mykola Zlochevsky (a government official and founder of Burisma) to skate on public corruption and bribery charges. There was never a Burisma investigation. The corruption of Shokin was..../2
...a global issue given Ukraine's importance vis a vis Russia. Biden made his statement in December 2015, after EU & institutional investors had threatened to pull out of investing in Ukraine because of Shokin. Nothing happened.
THEN, 2 months later, Lagarde, the IMF head.../3
THEN, 2 months later, Lagarde, the IMF head.../3
...threatened to pull $17 billion (and ultimately $34 billion) of financial support for Ukraine unless it rooted out corruption. IMF officials said this was directly targeted at Shokin.... https://www.rferl.org/a/lagarde-imf-ukraine-warning/27543216.html
...Shokin had also been identified globally by anticorruption officials as undermining corruption fight in Ukraine. More than 100 members of the Ukrainian parliament had already called for his ouster. But it was IMF that finally got president to act.... https://www.rferl.org/a/ukraine-imf-demand-poroshenko-corruption/27545849.html
...the pressure on President Poroshenko to fire Shokin became overwhelming because not only was the $17 billion of IMF money part of $40 billion total, but it could not be made up by institutional investors. The US portion was just a loan *guarantee* and nothing more. The IMF...
...investment could well have freed up other money to cover the value of the guarantee. But once the IMF said it would pull everything, the only choices for Poroshenko was fire Shokin or preside over an economic collapse. So Poroshenko caved... https://www.ft.com/content/44c1641e-cff7-11e5-831d-09f7778e7377
