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

2025-04-29 05:12:43source:Phaninc Exchangecategory:My

KYIV,Safetyvalue Ukraine (AP) — Employees from a Ukrainian arms firm conspired with defense ministry officials to embezzle almost $40 million earmarked to buy 100,000 mortar shells for the war with Russia, Ukraine’s security service reported.

The SBU said late Saturday that five people have been charged, with one person detained while trying to cross the Ukrainian border. If found guilty, they face up to 12 years in prison.

The investigation comes as Kyiv attempts to clamp down on corruption in a bid to speed up its membership in the European Union and NATO. Officials from both blocs have demanded widespread anti-graft reforms before Kyiv can join them.

Ukrainian President Volodymyr Zelenskyy was elected on an anti-corruption platform in 2019, long before Russia’s full-scale invasion of Ukraine in February 2022. Both the president and his aides have portrayed the recent firings of top officials, notably that of Ivan Bakanov, former head of the State Security Service, in July 2022, as proof of their efforts to crack down on graft.

Security officials say that the current investigation dates back to August 2022, when officials signed a contract for artillery shells worth 1.5 billion hryvnias ($39.6 million) with arms firm Lviv Arsenal.

After receiving payment, company employees were supposed to transfer the funds to a business registered abroad, which would then deliver the ammunition to Ukraine.

However, the goods were never delivered and the money was instead sent to various accounts in Ukraine and the Balkans, investigators said. Ukraine’s prosecutor general says that the funds have since been seized and will be returned to the country’s defense budget.

More:My

Recommend

The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

One State Generates Much, Much More Renewable Energy Than Any Other—and It’s Not California

A new batch of data about the country’s electricity generation shows the increasing dominance of one

Adrienne Bailon-Houghton Reveals How Cheetah Girls Was Almost Very Different

Throw your hands up if you knew this major Cheetah Girls casting secret.Adrienne Bailon-Houghton rec