link : Pentagon Says Accounting Error Provides An Extra $6.2 Billion For Ukraine Military Aid
Pentagon Says Accounting Error Provides An Extra $6.2 Billion For Ukraine Military Aid
BREAKING: 'Accounting error' provides extra $6.2 BILLION for Ukraine, Pentagon says pic.twitter.com/75022IXg9k
— Breaking911 (@Breaking911) June 20, 2023
CNN: Pentagon says Ukraine accounting error revealed last month is much bigger than previously stated
The Pentagon announced Tuesday that the accounting error revealed last month was significantly more than previously stated and aid provided to Ukraine was overvalued by $6.2 billion rather than $3 billion.
The accounting error includes fiscal years 2022 and 2023 and occurred because “in a significant number of cases,” when the US transferred weaponry, military officials counted the value of replacing the weapon instead of the value of the actual weapon, deputy Pentagon press secretary Sabrina Singh explained at a news briefing.
That process drove up the cost of each new aid package – because new weaponry costs more than old weaponry – and resulted in the false assumption that more of the funding had been used.
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Pentagon Says Accounting Error Provides An Extra $6.2 Billion For Ukraine Military Aid
Pentagon accounting error provides extra $6.2 billion for Ukraine military aid -- AP
Pentagon Says a $6 Billion Accounting Error Allows More Arms for -- Bloomberg
Extra $6bn in US arms for Ukraine after ‘accounting error’ -- The Guardian
Pentagon accounting error provides extra $6bn in arms to Ukraine -- Al Jazeera
Pentagon Says It Made $6 Billion "Accounting Error", Clearing More Aid For Ukraine -- Zero Hedge
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