Ukraine Lost $1.2 Billion to Fraud in 2024 as Kyiv Now Faces a Budget Gap Topping $27 Billion
Military procurement audits found $1.2 billion in fraud and waste in Ukraine's defense spending for 2024, according to the New York Times, even as Kyiv now warns of a budget shortfall between $27 billion and $32.6 billion heading into winter. Washington says 24 federal agencies oversee U.S. aid, but nobody has explained why contractors flagged in the audits kept winning new contracts.