(Reuters) – Ukraine’s SBU security service said on Saturday it had uncovered a corruption scheme in the purchase of arms by the country’s military totalling the equivalent of about $40 million. The announcement of mass procurement fraud, confirmed by Ukraine’s Defence Ministry, will have a huge resonance in a country beleaguered by Russia’s nearly two-year-old […]
Tag: procurement
Pecherskyi District Court of Kyiv detains son of businessman involved in MoD procurement case
The Pecherskyi District Court of Kyiv has chosen the restriction measure for Roman Hrynkevych, the son of businessman IhorHrynkevych involved in the case on procurement of low-quality clothes for the Armed Forces of Ukraine. He is to remain in custody until 17 March 2024 with the possibility of bail of over UAH 500 million (about […]
NATO announces “major investment” in 155-mm ammo procurement
Next Tuesday, 23 January, Jens Stoltenberg, the NATO Secretary General, and Stacy Cummings, General Manager of the NATO Support and Procurement Agency (NSPA), will sign a contract for the purchase of 155-mm artillery ammunition. Source: European Pravda Details: NATO announced on 19 January that the planned agreement is “a major new investment in artillery ammunition”. […]
Defence Ministry comments on embezzlement during munitions procurement: funds will be recovered
Ukraine’s Ministry of Defence is working to recover funds that were transferred to an ammunition manufacturer as a result of a corrupt scheme. Lawyers are examining how to terminate the contract. Source: Interfax-Ukraine, citing Ilarion Pavliuk, head of the Defence Ministry’s Press and Information Department, on the national joint 24/7 newscast Quote from Pavliuk: “We […]