Pentagon finds another $2 billion of accounting errors for Ukraine aid

Pentagon finds another $2 billion of accounting errors for Ukraine aid
# 26 July 2024 11:15 (UTC +04:00)

The Pentagon has found $2 billion worth of additional errors in its calculations for ammunition, missiles and other equipment sent to Ukraine, increasing the improperly valued material to a total of $8.2 billion, a U.S. government report revealed on Thursday, APA reports citing Reuters.

The U.S. Department of Defense has faced challenges in accurately valuing defense articles sent to Ukraine due to unclear accounting definitions, a new Government Accountability Office report showed.

In 2023, the Pentagon said staff used "replacement value" instead of "depreciated value" to tabulate the billions in materials sent to Ukraine. The $6.2 billion error created a path for billions more to be sent to Kyiv.

The Pentagon told the GAO that since then, $2 billion more in overstatements have been found. As a result, an additional $2 billion worth of arms can be sent to Ukraine to cover the amount of aid approved by the Biden administration.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED