Ukraine arrests senior Defense Ministry official accused of embezzling $40 million ...Egypt

CNN — A senior Ukrainian Defense Ministry official has been detained over allegations he embezzled 1.5 billion Ukrainian hryvnia ($40 million) relating to an artillery shells contract, according to the Ukrainian Security Service (SBU). The SBU says the official signed an agreement with a special export company to purchase a wholesale batch of artillery shells in December last year. However, a more favourable contract for the supply was later signed with the same manufacturer – one that did not involve intermediaries. The SBU said this significantly shortened the delivery time and reduced the cost of the products. According to the SBU, the defense official extended the original – more expe

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Last updated : 25 Dec 2023 clock 05:04 PM

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Ukraine arrests senior Defense Ministry official accused of embezzling $40 million ...Egypt

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