Pentagon Finds Another $2 Billion In Ukraine Aid ‘Accounting Errors’

Article originally appeared on www.zerohedge.com.


Authored by Connor Freeman via AntiWar.com,

The Pentagon discovered $2 billion in additional accounting errors regarding its valuation of missiles, ammo, and other equipment provided to Kiev, a Government Accountability Office (GAO) report found days ago. The Defense Department made a similar claim last year, saying it availed Washington of $6.2 billion in weapons to fuel the Ukraine proxy war with Russia.

This latest report brings the improperly valued military material to a total of $8.2 billion, with the error said to be a result of unclear accounting definitions. In June 2023, the Pentagon insisted that weapons shipped to Ukraine from US military stockpiles, under the Presidential Drawdown Authority (PDA), over the past two years were overvalued using the “replacement value” of the arms as opposed to the “depreciated value.” This bought the White House some time to continue sending weapons to Kiev after much of the US funding then …

View full article

Previous post Audit: IRS Employees Owe $50 Million in Back Taxes › American Greatness
Next post Biden Pressures Israel Not to Respond After Terror Rocket Kills 12 Kids