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Mykola Zlochevsky, founder of the Burisma Holdings. Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

Ukrainian law enforcement officials announced on Saturday that they were offered $5 million in bribes to end a probe into Mykola Zlochevsky, the founder of energy company Burisma, Reuters reports.

Why it matters: Nazar Kholodnytsky, the head of Ukraine’s national anti-corruption bureau, stressed that the bribe had no connection to former Burisma board member Hunter Biden, the son of former Vice President Joe Biden.

  • “Let’s put an end to this once and for all. Biden Jr. and Biden Sr. do not appear in this particular proceeding,” Kholodnytsky said, according to Reuters.

Details: The case related to Zlochevsky involved allegations of bank fraud. Three people have been detained over the alleged bribe, including one current and former tax official.

  • About $5 million was allegedly offered to anti-corruption officials, while another $1 million was intended for an official acting as a middleman.
  • Officials displayed plastic bags filled with the cash during Saturday's press conference. It was the largest cash bribe ever seized in Ukraine.
  • Burisma said in a statement that it had nothing to do with the bribe.

The big picture: Burisma gained worldwide notoriety during the 2019 impeachment inquiry into President Trump over allegations he attempted to pressure the Ukrainian government into opening an investigation into Hunter Biden to damage Joe Biden before the November presidential election.

  • The former top prosecutor in Ukraine launched an audit of thousands of old case files and told Reuters earlier this month that there was no evidence of wrongdoing by Hunter Biden.

Go deeper

Sep 20, 2020 - Politics & Policy

How the Biden campaign protects the candidate's health on the campaign trail

Joe Biden speaks with reporters as he arrives at Duluth International Airport in Minnesota. Photo: Jim Watson/AFP via Getty Images

Traveling with Joe Biden's press corps shows how the campaign juggles an intense focus on protecting his health, with an imperative to keep the coronavirus at the top of voters' minds.

Driving the news: I got to see this firsthand on Friday, when it was Axios' turn to serve as the print pooler for his trip to Minnesota. The timing meant I also happened to be in the bubble when Biden learned of and reacted to the death of Ruth Bader Ginsburg.

Justice Department drops insider trading inquiry against Sen. Richard Burr

Sen. Richard Burr (R-N.C.) walking through the Senate Subway in the U.S. Capitol in December 2020. Photo: Stefani Reynolds/Getty Images

The Department of Justice told Sen. Richard Burr (R-N.C.) on Tuesday that it will not move forward with insider trading charges against him.

Why it matters: The decision, first reported by the New York Times, effectively ends the DOJ's investigation into the senator's stock sell-off that occurred after multiple lawmakers were briefed about the coronavirus' potential economic toll. Burr subsequently stepped down as chair of the Senate Intelligence Committee.

Netflix tops 200 million global subscribers

Illustration: Rebecca Zisser/Axios

Netflix said that it added another 8.5 million global subscribers last quarter, bringing its total number of paid subscribers globally to more than 200 million.

The big picture: Positive fourth-quarter results show Netflix's resiliency, despite increased competition and pandemic-related production headwinds.

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