Published 3 months ago

Ukraine says it uncovers mass fraud in weapons procurement

Ukrainian arms firm and defense ministry officials conspired to embezzle $40 million earmarked for 100,000 mortar shells for the war with Russia.
Company employees were supposed to transfer the funds to a business registered abroad to deliver the ammunition, but instead, the money was sent to accounts in Ukraine and the Balkans.
The investigation has led to five people being charged, with one detained, and the stolen funds have been seized and will be returned to the defense budget.

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BBC News

Ukraine says it has uncovered major arms corruption

Ukraine's security service accuses senior officials of trying to steal about $40m in an order for mortar shells.

3 months ago·United Kingdom

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The Hindu

Ukraine uncovers $40 million defence embezzlement scheme

Ukrainian defence officials and corporate leaders sought to steal about $40 million through a fraudulent arms procurement scheme, the country’s main intelligence and security agency said.

3 months ago·India

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CTV News

Ukraine says corrupt officials stole US$40 million meant to buy arms for the war with Russia

Employees from a Ukrainian arms firm conspired with defence ministry officials to embezzle almost US$40 million earmarked to buy 100,000 mortar shells for the war with Russia, Ukraine's security service reported.

3 months ago·Canada

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The Independent

Ukraine-Russia war - live: Kyiv ‘uncovers mass weapons fraud worth £32m’

Russia Ukraine war news live: Ukraine says it has uncovered major arms corruption; Kyiv would win war faster if it could fire British weapons: head of navy

3 months ago·London, United Kingdom

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Reuters

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3 months ago·United Kingdom

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NDTV

Amid War With Russia, Ukraine Uncovers $40 Million Fraud In Weapons Procurement

Ukraine's SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country's military totalling the equivalent of about $40 million. The announcement of mass procurement fraud, confirmed by Ukraine's Defence Ministry, will have a huge resonance in a country beleaguered by Russia's nearly two-year-old invasion. The fight to root out endemic corruption remains a major issue as Ukraine presses its bi…

3 months ago·New Delhi, India

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