"Ukraine Exposes $40 Million Corruption in Arms Deal"

1 min read
Source: FRANCE 24 English
"Ukraine Exposes $40 Million Corruption in Arms Deal"
Photo: FRANCE 24 English
TL;DR Summary

Ukraine's main intelligence and security agency uncovered an attempt to embezzle $40 million through a fraudulent arms procurement scheme involving the purchase of 100,000 mortar rounds for the Armed Forces. Current and former senior officials of the defence ministry and heads of affiliated companies are implicated in the scheme, with one suspect already detained. The stolen funds have been seized and will be returned to the defence budget, as Ukraine continues to grapple with corruption scandals within its defence ministry.

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