"Ukraine Uncovers Mass Fraud in Weapons Procurement"

1 min read
Source: Yahoo News
"Ukraine Uncovers Mass Fraud in Weapons Procurement"
Photo: Yahoo News
TL;DR Summary

Ukraine's SBU security service has uncovered a corruption scheme in the country's military procurement of arms, totaling around $40 million, involving officials of the Defence Ministry and arms supplier Lviv Arsenal. The embezzlement, which included the purchase of 100,000 mortar shells, saw funds transferred abroad without any arms being provided. Five individuals have been served notices of suspicion, and one suspect has been detained while trying to cross the Ukrainian border. This revelation comes as Ukraine continues to battle endemic corruption while seeking EU membership.

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