Thursday, June 22, 2023

Pentagon Says Accounting Error Provides An Extra $6.2 Billion For Ukraine Military Aid

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.  

Read more ....  

WNU Editor: How could this possibly happen? Oh yeah .... this is how it is possible .... Pentagon fails to pass new financial audit, unable to account for over $2 trillion in assets (The Cradle). 

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

9 comments:

Anonymous said...

Just move a decimal point & hey presto! As if by magic.... Plus 10% for the Big Guy 🤭

Anonymous said...

Corruption trickles down to us all.

Anonymous said...

Sounds like this will be the new norm. But at least Trump is going to jail, right guys 😆 😂. The west is so screwed

Anonymous said...

No one to get fired, no one relived of duty, no one held responsible. Sick military.

Anonymous said...

The entries of this blog. What to say?

If WNU was in Hollywood, he would be a character actor.

Anonymous said...

If you were in Hollywood , you would be in a tent on the street

Anonymous said...

The tent would have A/C, running water and electricity. People would come and business would be taken care of.

Anonymous said...

You are still in a tent on the street. You would not last a day and all your shit would be stolen and you would have the shit beaten out of you.

Dave Goldstein said...

Accounting error collect 8 billion