Ukraine uncovers major fraud in ammo procurement ...News

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Ukraine uncovers major fraud in ammo procurement
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The suspects tried to steal almost $40 million meant for mortar shells, the Security Service of Ukraine (SBU) has said The Security Service of Ukraine (SBU) has said it uncovered a major embezzlement scheme in ammunition procurement involving high-ranking Defense Ministry officials and a private arms manufacturer. The five suspects tried to steal 1.5 billion hryvnia (around $39.6 million) in state funds intended for acquiring mortar shells for the Ukrainian troops, who are fighting Russia, the SBU said in a statement on Saturday. According to the agency, the company Lviv Arsenal, based in the western Ukrainian cit

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