Five employees of a Ukrainian arms firm have been arrested for allegedly conspiring to embezzle $40 million that was set aside for the ongoing war with Russia. The arrests were made following an investigation by the Ukrainian Security Service (SBU), which uncovered a large-scale corruption scheme involving defense ministry officials and employees of the arms firm.
According to the SBU, the employees of the arms firm conspired with defense ministry officials to embezzle the funds, which were earmarked for the purchase of 100,000 mortar shells. The funds were transferred to the accounts of a foreign commercial entity, which was supposed to deliver the ammunition to Ukraine. However, the company did not send a single artillery shell to Ukraine, and instead transferred the funds to the accounts of another affiliated company in the Balkans.
The SBU was able to trace the embezzlement scheme and identify all persons involved in the fraud. The stolen funds have been seized, and the question of how to return them to the Ukrainian budget is being discussed.
Employees from a Ukrainian arms firm conspired with defense ministry officials to embezzle almost $40 million earmarked. https://t.co/zoliufbqWC
— NewsNation (@NewsNation) January 29, 2024
The incident has sparked outrage among Ukrainians, who are already struggling to cope with the ongoing conflict with Russia. The war, which began in 2014, has claimed thousands of lives and displaced millions of people.
The Ukrainian government has vowed to crack down on corruption and bring those responsible for the embezzlement to justice. The arrests of the five employees of the arms firm are a step in that direction, but more needs to be done to ensure that such incidents do not occur in the future.
The war with Russia has placed enormous strain on Ukraine’s economy and resources. The country is heavily dependent on foreign aid and military assistance to sustain its war effort. The embezzlement of funds meant for the war effort is a serious blow to Ukraine’s ability to defend itself against Russian aggression.
The incident has also raised questions about the effectiveness of Ukraine’s anti-corruption measures. Despite the government’s efforts to tackle corruption, the problem remains widespread in the country. The embezzlement of funds meant for the war effort is a stark reminder of the need for more robust measures to address corruption in Ukraine.
george
January 29, 2024 at 7:10 pm
wonder how much z boy has hidden away?
rose
January 29, 2024 at 8:13 pm
you bet … not another penny for that comedian ..
WOKE JOKES
January 29, 2024 at 7:39 pm
“WASHINGTON – With more than $100 billion in U.S. weaponry and financial aid flowing to Ukraine in less than a year – and more on the way to counter Russia’s invasion – concerns about arms falling into terrorists’ hands and dollars into corrupt officials’ pockets are mounting.”
“Five employees of a Ukrainian arms firm have been arrested for allegedly conspiring to embezzle $40 million that was set aside for the ongoing war with Russia.”
“CNN—The Pentagon announced Tuesday that the accounting error revealed last month was significantly more than previously stated and aid provided to Ukraine was overvalued by $6.2 billion rather than $3 billion.”
rose
January 29, 2024 at 8:15 pm
unbelievable … vote … save America
Lawrence M
January 30, 2024 at 8:27 am
Ukraine is run by one of the most hideously corrupt and evil regimes on the planet and they love Biden, go figure! All those officials starting with Zelensky and on down to the lowest rung on the Ukraine Government Criminal ladder; along with all of their oligarchs have been and are now cashing in with all of the US Tax Payer Dollars while laughing all the way to the bank. And while watching their own citizens being butchered or suffocated for these criminals and their selfish exploitative material gain!
America is suffering now because of its fall from God’s Grace, being so secular and immoral these days; but, a great way to make a comeback is for this circus or fiasco to end and lock-up all the traitors of America!
God help America and its Law Abiding Patriotic Citizens.
Lawrence M
January 30, 2024 at 8:56 am
Folks “for God’s sake” truly think about the time you are in!
“God desires the least degree of obedience and submissiveness more than all those services you think of rendering him.
Reflect how necessary it is to be enemies of self and to walk to perfection by the path of holy rigor, and understand that every word spoken without the order of obedience is laid to your account by God.”
Saint John of the Cross
Matthew 24:21-23 “For at that time there will be great tribulation, unmatched from the beginning of the world until now, and never to be seen again. 22 If those days had not been cut short, nobody would be saved. But for the sake of the elect, those days will be cut short. 23At that time, if anyone says to you, ‘Look, here is the Christ!’ or ‘There He is!’ do not believe it.”
ox
February 1, 2024 at 7:51 am
The U.S, government should be looking into Zalenskyy to see what’s in his bank account, or overseas accounts. One can bet thAT Zalenskyy has a nice dossier just as Communist China on Lying Corrupt Quid Pro KING Joe. Corrupt Quid Pro has to appease Communist China and the Ukraine. Corrupt Quid Pro is owned and beholden to Communist China and Ukraine. What would happen besides nothing, if Ukraine and Communist China spilled the beans, on just how much money Corrupt Quid Pro made under the table from U(kraine and Communist China. No one is above the law, unless one is a liberal commie Democrat. The average person would be in jail for tax evasion. America is a sucker when it comes to foreign aid, especially to countries that hate America, like Palestinians of Gaza, they were cheering when 9-11 went down. When Arafat died, his widow moved to Paris,and is living the good life, with millions in the bank, all from U.S. foreign aid, went right into Arafat’s bank account.
Recognizing Truth
February 2, 2024 at 3:00 pm
Chump change compared to the billions Z-boy is making for continuing to launder the hundreds of billions sent his way “for Ukraine, for the war”.
Lawrence M
February 4, 2024 at 1:54 pm
Quite true!
I’ve been ticked-off for quite some time about how much damage has been perpetrated upon our Nation and People.
Then I have to ask myself why was this allowed to go so far and of course there isn’t any simple answer, because society today is a bit complex and with politics, mass media along with big business special interests leverage at work in the process of reshaping societal norms and behaviors we all tend to be along for the ride, until some shock or inevitable crisis and confrontation takes hold! Then we hear the arguing or blame game ensues, but, by then the problem is already too far out of control for any actual simple remedy; say like our Southern Boarder. We all would like answers to these seemingly insurmountable massive problems!
These are but a few of the imperative thought and soul provoking matters of urgency in today’s very tumultuous troubled world that we are faced with daily. The “technical complexity of modern life” (artificiality) has really placed mankind in the “fast lane” hasn’t it, with so much happening and changing so quickly it’s mind boggling; but a cursory note that I have to admit here is, “that to me it’s quite frightening and not human!”
When I was a kid I loved science fiction and couldn’t wait for the newest film to be released, but now, since that more innocent time I see how this world has changed in many ways not for the better, and science fiction is ugly to me now.
I think more about “wouldn’t it be wonderful to go back to a time of simplicity and natural God created beauty like in the Garden” without the evil or liar lurking in the weeds, and to “just live, really just live!” To just be, and “in a perfect symbiosis have total peace and tranquility” all around, with everything in that idyllic place (heaven on earth)! Where “God Himself communes with His abundantly beautiful, loving world, as in the time of Adam and Eve or even later with the prophets, daily by the moment; all is well!”
I dream, but as we know God’s word has explained in the Bible what and why this isn’t so, and how something even far beyond and better than my puny imagination can envision does await those who love Him! And of course Jesus is the answer, He bridges that gap!
1 Corinthians 2:9-10 “No eye has seen, no ear has heard, no heart has imagined, what God has prepared for those who love Him.” 10But God has revealed it to us by the Spirit. The Spirit searches all things, even the deep things of God.”
Amen.
Blessings and Peace!
CharlieSeattle
April 16, 2024 at 2:01 pm
US Congressmen call that, Creative Campaign Funding!