Skip to content
Edit post

Businessmen charged with trying to steal funds for military aircraft parts

by Martin Fornusek December 8, 2023 11:31 AM 1 min read
The SBU charged the director of a state-owned firm and three others with trying to embezzle funds for military aircraft parts. Photo published on Dec. 8, 2023. (SBU)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

A former director of a state-owned defense company and three others were charged over a scheme to embezzle Hr 3.9 million ($106,500) in funds for Su-27 aircraft parts, the Security Service of Ukraine (SBU) reported on Dec. 8.

Recent months saw upheavals in the leadership of Ukraine's defense sector, intended to stamp out corruption following several military procurement scandals.

According to the investigation, the ex-director signed a contract with the head of a supplier firm, who is also a suspect, to purchase power amplification modules for aircraft radars.

The supplier provided faulty components, but the head of the state company accepted them anyway and paid the first half of the promised sum, the SBU said.

The suspects were allegedly planning to secretly transfer the funds through controlled companies and distribute them among themselves.

Law enforcement agencies exposed the scheme and managed to prevent the participants from stealing the entire sum of $106,500, the SBU reported.

The suspects face up to 12 years in prison.

News Feed

9:25 PM

Latvia sending 500 more drones to Ukraine.

Riga has prepared a batch of more than 500 drones to be sent to Ukraine, Latvian Defense Minister Andris Spruds said on July 22. Earlier this month, Riga announced it would send more than 2,500 combat drones of different types to Ukraine in July, worth 4 million euros ($4.3 million).
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
5:30 PM

Russia sentences US journalist Alsu Kurmasheva to 6.5 years.

A court in Russia's Republic of Tatarstan sentenced Alsu Kurmasheva, a Radio Free Europe/Radio Liberty (RFE/RL) journalist with dual U.S. and Russian citizenship, to six and a half years in jail on a charge of "spreading false information" about Russia's Armed Forces, Associated Press reported on July 22.
3:57 PM

EU approves its first-ever military support for Armenia.

The Council of the European Union for the first time approved assistance under the European Peace Facility (EPF) to support the Armenian Armed Forces with 10 million euros ($10.8 million), according to the council's July 22 statement.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.