Ukraine Has Lost About $1.2 Billion over the Past Year Due to Corruption in Arms Purchases
11 Articles
11 Articles
The New York Times reports that a journalistic investigation into Ukraine's supply has been completed, and according to NYT, Ukraine's military supply system has been affected by large-scale fraud, waste and mismanagement during the war.
The secret audit reports showed that Ukraine ' s arms procurement system was covered by overpayments, intermediary schemes and contracts with problematic suppliers, which resulted in a budget loss of $1.2 billion per year. Secret audits held by The New York Times cover 2024 and 2025 and show that buyers systematically overpaid weapons, negotiated with intermediaries instead of direct contracts with producers, and continued to work with comp…
The Ukrainian system of defence procurement would have lost about $1.2 billion in 2024 alone due to fraud, waste and mismanagement, according to confidential government audits obtained by The New York Times.
Some of the aid granted to Ukraine in the conflict with Russia would have been wasted, shows an investigation published by the New York Times. Only in 2024, the Ukrainian system of defence procurement would have lost about $1.2 billion due to fraud, waste and bad administration.
Secret audits revealed a huge number of fraudulent schemes in Ukraine's military procurement system, writing NYT, and it was not until 2024 that the Kiev regime lost $1.2 billion due to corruption and waste in this area.
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