Ukrainian Military Officials Uncover Over $200 Million in Corruption

Ukrainian Military Officials Uncover Over $200 Million in Corruption

The newly installed Ukrainian Defense Minister Rustem Umerov has uncovered over $200 million in corruption during his first four months in his post. Umerov’s predecessor was dismissed over corruption allegations.

Earlier this month, Umerov announced that an audit had uncovered $262 million in corruption. For example, a Ukrainian official paid $40 million for 100,000 artillery shells that were never delivered.

“Ukraine’s SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country’s military totaling the equivalent of about $40 million,” Reuters reports.

“The embezzlement involved the purchase of 100,000 mortar shells for the military…But no arms were ever provided with some funds then moved to other foreign accounts.”

Source: Libertarian Institute