LONDON DAILY ARCHIVE
Ukraine Detains Senior Defense Ministry Official Accused of Embezzling $40 Million
Ukraine has arrested a top defense official for allegedly embezzling $40 million from a contract dealing with artillery shells, the Ukrainian Security Service (SBU) reports. The official reportedly signed an initial costly agreement that was later bypassed by a direct, cheaper, and faster contract with the shell manufacturer. Despite this superior deal, the official continued the expensive contract, transferring $40 million to a foreign intermediary's accounts. Evidence of this illicit activity led to potential imprisonment of up to 15 years for the official.
26 December 2023 · 06:37 UTC





Further pressure comes from the United States, which has linked economic assistance to Ukraine's anti-corruption efforts, a stance reinforced during Zelensky's recent Washington DC visit. These developments coincide with the EU's decision to begin membership discussions with Ukraine, heightening the urgency to address corruption issues.