• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Tuesday, February 7, 2023
MyBlockNews.com
  • Home
  • Stock Market News
  • Forex News
  • Economy News
  • Business News
  • Cryptocurrency News
No Result
View All Result
MyBlockNews.com
No Result
View All Result

Did Ukraine Misuse Billions Of US Aid Amid Corruption Allegations? Biden Admin Responds

January 25, 2023
in Business News
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Related posts

Child Trapped In Debris Of Fallen Home Gets Rescued [Video]

Child Trapped In Debris Of Fallen Home Gets Rescued [Video]

February 7, 2023

Ukraine To Send ‘Several Dozen’ Rescuers To ‘Friend’ Turkey

February 7, 2023

Ukraine on Tuesday fired several top officials amid a broad anti-corruption drive, leading to questions about whether Kyiv had misused billions of military aid from the United States.

The Biden administration has dismissed concerns about Ukraine’s misappropriation of the funds, saying they are “not aware that any U.S. assistance was involved,” spokesman Ned Price told reporters at a daily briefing, The New York Times reported.

“We take extraordinarily seriously our responsibility to ensure appropriate oversight of all forms of U.S. assistance that we’re delivering to Ukraine,” he added.

“We’re still able to take steps to ensure that accountability.”

The shake-up of the Ukrainian government saw the removal of the deputy head of the president’s office, Kyrylo Tymoshenko, who has been accused by Ukrainian investigative journalists of using several expensive sports cars amid the war; and deputy prosecutor Oleksiy Symonenko, who had recently come under fire for jetting off with his family to Spain for a 10-day vacation amid the war.

Deputy Defense Minister Vyacheslav Shapavalov also tendered his resignation after a report from the Ukrainian news website ZN.UA accused him of paying inflated prices for food supplies for the army. For instance, the defense ministry allegedly bought eggs at 17 hryvnias apiece, but the average price of an egg in the capital city of Kyiv is just about 7 hryvnias.

Ukraine also removed deputy infrastructure minister Vasyl Lozinskyi, who allegedly stole $400,000 intended for purchasing aid and generators and restoring facilities battered by the Russian missile strikes.

Anti-corruption investigators probing Lozinskyi said they also found $38,000 in cash in his office as well as piles of dollar and hryvnias notes.

Ukraine has a history of corruption. In 2021, Transparency International ranked the country 122 out of 180 countries in its ranking of corrupt states, making it one of the world’s most corrupt countries.

The series of dismissals came hours after Ukrainian President Volodymyr Zelensky signed a decree prohibiting government officials from traveling abroad for reasons unrelated to government work. Announcing the move in his Sunday address, Zelensky added that border-crossing procedures for government officials at all levels would be developed within five days.

Zelensky also hinted there would be a shake-up in his government, saying he “made personnel decisions” involving “officials of various levels in ministries and other central government bodies” and the law enforcement system.

Related Articles


Credit: Source link

Previous Post

Little Movement Predicted For Indonesia Stock Market

Next Post

Gov. Evers: Announces workforce, economic development plans to maintain economy’s momentum

Next Post

Gov. Evers: Announces workforce, economic development plans to maintain economy's momentum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP cools, No surprise from OPEC/US stockpiles rise, Gold higher, Crypto

6 days ago

BonqDAO Protocol Loses $120M After Oracle Hack

5 days ago

Tesla Reports BTC Loss Of $140M In 2022

6 days ago

OpenSea Launches New NFT Minting Toolkit

4 days ago

Stock Market Live:Stocks Cautiously Higher With Inflation In Focus

January 11, 2023

Wall Street Loves These 2 Nasdaq Stocks

January 23, 2023

Stock Market Today: Goldman, Travelers Drag Dow Lower

January 17, 2023

Digital Realty Trust (DLR) Outpaces Stock Market Gains: What You Should Know

January 27, 2023

EDITORIAL: An assault on Colorado’s service economy | Editorials

January 23, 2023

Bitcoin Price Analysis: 40% January Gains

January 31, 2023

About Us

myblocknews.com is an online news portal that aims to provide the Stock Market News, Forex News, Economy News, Cryptocurrency News, Business News and much more stuff like that around the world.

What’s New Here!

  • Market Insights Podcast (Episode 428)
  • Altcoins go green with AI tokens leading the way
  • Relief As Gemini, Genesis, And DCG Reach Agreement Over Assets

Topics to Cover!

  • Business News (3,173)
  • Cryptocurrency News (3,011)
  • Economy News (3,516)
  • Forex News (1,876)
  • Stock Market News (3,517)

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - myblocknews.com - all rights reserved!

No Result
View All Result
  • Home
  • Stock Market News
  • Forex News
  • Economy News
  • Business News
  • Cryptocurrency News

© 2022 - myblocknews.com - all rights reserved!