Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: A series of violent Israeli raids targeted the outskirts of the town of Ansar
Al Mayadeen's correspondent: Israeli warplanes raided the outskirts of the town of Shmestar in Bekaa, eastern Lebanon
Donald Trump will speak with Russian leader Vladimir Putin on Thursday: White House
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes raid the town of Bnaafoul, Saida district
YAF: Israeli enemy will pay for this crime.
Yemeni Armed Forces: Son of Major General Al-Ghamari martyred alongside him in Israeli aggression.
Yemeni Armed Forces: YAF mourns martyrdom of Chief of the General Staff Mohammad Abd al-Karim al-Ghamari.
Al Mayadeen's correspondent: Palestinian shot and killed by IOF east of Al-Bureij camp in the central Gaza Strip
Al Mayadeen's correspondent in South Lebanon: Occupation forces opened machine gun fire toward outskirts of Aitaroun as locals headed for olive harvest.
Al Mayadeen's correspondent in South Lebanon: Israeli drone drops bomb at outskirts of town of Blida as people head for olive harvest.

Ukraine's SBU uncovers $40mln embezzlement scheme in the military

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Jan 2024 14:29
  • 3 Shares
3 Min Read

Ukraine's security service said that the money in question was used to buy 100,000 mortar shells that were never delivered.

  • x
  • Ukraine's SBU uncovers $40mln embezzlement scheme in the military
    A Ukraine Security Service (SBU) serviceman standing in front of the entrance of Kiev-Pechersk Lavra monastery on November 22, 2022. (AFP)

Ukraine's SBU revealed on Saturday that it cracked down on a $40 million embezzlement scheme related to weapons purchases by the military, an announcement later confirmed by the defense ministry.

The country's security service said an investigation had "exposed officials of the Ministry of Defense and managers of arms supplier Lviv Arsenal, who stole nearly 1.5 billion hryvnias in the purchase of shells."

Read more: Ukraine's military medical commissions plagued by corruption scandals

"According to the investigation, former and current high-ranking officials of the Ministry of Defence and heads of affiliated companies are involved in the embezzlement" related to the procurement of 100,000 mortar shells.

Funds transferred to foreign accounts

The fight to root out endemic corruption remains a major issue as Ukraine presses its bid to secure membership in the European Union.

In the details, a contract was signed with Lviv Arsenal in August 2022 to provide the army with shells, and while the payment was made in advance, the ammunitions were never delivered. Some of the funds were also transferred to foreign accounts abroad. 

Related News

US, 'Israel' employing NGOs in espionage operations: Sayyed al-Houthi

Global arms bans isolate 'Israel', yet its war machine keeps running

The service's statement said five people had been served "notices of suspicion" - the first stage in Ukrainian legal proceedings - both in the ministry and the arms supplier.

One suspect was detained while trying to get out of Ukraine via land borders, it continued.

Read more: 'Not 1 more cent': Americans are done with funding Ukraine's paychecks

Fighting corruption for EU entry

Ukraine's main obstacle to being admitted to the European Union, as claimed by EU officials, is the issue of corruption.

The bloc had presented Kiev last year with the required measures to be taken in order to qualify to potentially join the union.

The United States on the other hand, now facing a bipartisan standoff regarding funds going to Ukraine after a series of corruption charges and scandals, has also made some demands on government structural changes and policy modifications to be able to continue flowing in assistance.

Throughout 2023, Kiev has been hit by a wave of dismissals related to military procurement, with Defense Minister Oleksii Reznikov being the latest top figure to be fired last August.

Two Ukrainian polls published in September showed that a vast majority of the country's citizens believe that President Volodymyr Zelensky is responsible for corruption scandals plaguing his administration.

The survey was conducted just after authorities made accusations of money laundering and fraud against billionaire oligarch Igor Kolomoysky, the owner of a media holding, through which Zelensky made his rise to fame as a comedian and later as a presidential candidate.

Meanwhile, in an interview with CNN following the social outrage, Zelensky defended his government's record on fighting corruption, saying that the West has not stopped providing Ukraine with financial and military aid despite the allegations of corruption.

  • United States
  • Russia
  • Volodymyr Zelensky
  • war in Ukraine
  • Ukraine
  • SBU
  • European Union

Most Read

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Palestinian journalist Saleh al-Jaafarawi in an undated image in Gaza, occupied Palestine (Social media)

Gaza Palestinian journalist Saleh al-Jafarawi killed by collaborators

  • Politics
  • 12 Oct 2025
drop site

New report details extensive Israeli arson in Gaza after ceasefire

  • Politics
  • 13 Oct 2025
Illustration of fists breaking shackles, representing the liberation of Palestinian detainees from Israeli prisons. (Illustrated by: AL Mayadeen English/Batoul Chamas)

4 prominent Palestinian detainees to be freed: Who are they?

  • Palestine
  • 13 Oct 2025

Coverage

All
War on Gaza

Read Next

All
A person shops at a grocery store in Schaumburg, Ill., Thursday, September 18, 2025. (AP Photo/Nam Y. Huh)
Economy

75% of Americans report higher costs despite Trump’s inflation claim

With the government shutdown now in its third week, a sign turns away tourists at the entrance to the Capitol Visitor Center, in Washington, Wednesday, October 15, 2025. (AP Photo/J. Scott Applewhite)
Politics

US judge blocks shutdown layoffs amid Trump threats to cut jobs

Bill Ackman speaks about higher education and Harvard University at the twenty-eighth annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 6, 2025. (Patrick T. Fallon / AFP via Getty Images)
Politics

Bill Ackman donates $1 mln to anti-Mamdani PAC in NYC mayoral race

Members of the Pentagon press corp carry their belongings out of the Pentagon after turning in their press credentials, on October 15, 2025 in Washington. (AP Photo/Kevin Wolf)
US & Canada

Pentagon journalists vacate workspaces as new restrictions take effect

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS