Ukraine President And Officials Embezzle $400 Million Received From Aid

As per report Ukraine’s President Zelensky and other officials have embezzled $400 Million which was allocated by the US & other countries for purchasing fuels.

According to a report from US journalist Seymour Hersh’s website, Ukrainian President Volodymyr Zelensky and other officials are alleged to have embezzled a minimum of $400 million, which was intended for the purchase of diesel fuel. 

The report, cited by Russian news agency TASS, claims that the funds were misappropriated by the officials in concern.

According to sources cited by Seymour Hersh, the Ukrainian president and several individuals in his entourage have allegedly been involved in the embezzlement of significant amounts of American dollars intended for diesel fuel payments. 

According to analysts from the Central Intelligence Agency, embezzled funds last year were estimated to be at least USD 400 million.

According to a recent report on a website, corruption in Kyiv has reached levels comparable to that of the Afghan war. The report alleges that there will be no professional audit reports coming out of Ukraine. 

The blame for this situation is placed on US Secretary of State Antony Blinken and National Security Adviser Jake Sullivan.

Since February of last year, the United States has been providing aid to Ukraine in response to Russia’s invasion. 

In a recent development, the United States has pledged to provide Ukraine with a staggering sum of 350 million dollars in weapons and equipment. 

This announcement was made last month, and is expected to have a significant impact on the ongoing conflict in the region.

In a recent statement, US Secretary of State Antony Blinken announced the authorisation of the 34th drawdown of US arms and equipment for Ukraine. This move comes as a result of a transfer of authority from President Biden and is valued at USD 350 million.

According to a statement released by officials, a military assistance package has been provided to Ukraine to aid in their defense efforts. 

Also Read:- India And Italy Proceed Talks On Indo-EU Free Trade Agreement

The package includes additional ammunition for US-provided HIMARS and howitzers, as well as weaponry for Bradley Infantry Fighting Vehicles, HARM missiles, anti-tank weapons, riverine boats, and other equipment.

National Correspondent(Smiriti Ramana)

Our prolific Staff Writer at India Observers is committed to delivering a diverse range of news, offering insights across various categories. With a dedication to accurate reporting, the Staff Writer ensures that readers receive timely and comprehensive updates on a myriad of topics. Explore the world of news through the lens of our versatile Staff Writer, bringing you the latest from every corner of the news spectrum.

Recent Posts

UAE Becomes Top Choice for Asian Tech Workers

United Arab Emirates (UAE) is becoming one of the most promising IT markets, which is…

September 19, 2024

Kolkata Medical Strike Continues as Government Fails to Meet Doctors’ Key Demands

The second round of talks between junior doctors and the West Bengal government ended without…

September 19, 2024

Gold Price Drops by Rs 120 per Sovereign in Chennai on September 18, 2024

On Wednesday, the price of gold in Chennai fell by Rs 120. Today the yellow…

September 18, 2024

Gautam Gambhir Defends Indian Pitches, Urges Overseas Teams to Improve Against Spinners

Head coach of the Indian cricket team Gautam Gambhir has criticized those who complain about…

September 18, 2024

Delhi Woman and Friend Fall Victim to Fake Diljit Dosanjh Tour Ticket Scheme, Lose Thousands

After the many warnings from Delhi Police about fake ticket sales for Diljit Dosanjh's upcoming…

September 18, 2024

OnePlus Nord Buds 3 Arrive in India: New Features and Affordable Price

OnePlus Nord Buds 3 is the latest TWS that was launched by the company in…

September 17, 2024

This website uses cookies.

Read More