The U.S. Department of Defense made errors in the valuation of equipment transferred to Ukraine totaling - trifle - $6.2 billion over the last two fiscal years
The U.S. Department of Defense made errors in the valuation of equipment transferred to Ukraine totaling – trifle – $6.2 billion over the last two fiscal years. Sabrina Singh, Deputy Press Secretary of the Pentagon, informed about the results of the inspection.
The error amounted to $2.6 billion last fiscal year and $3.6 billion this year.
The discrepancies resulted from the fact that the value of new weapons was used in the assessments, while equipment from warehouses was transferred to Ukraine. It was purchased some time ago, so its value is lower, at least taking into account depreciation.
Sabrina Singh added that the errors did not affect the size of the arms packages for Ukraine and are not relevant to the money allocated for this purpose by Congress.
At the same time, she suggested that the Pentagon could send additional equipment to Ukraine using the means discovered during the audit.
That money just went back into the piggy bank,” said the Pentagon's deputy press secretary.
The fact that the Pentagon discovered during an audit that the value of military aid to Ukraine was overestimated came to light in May. Then it was reported that we were talking about three billion dollars.
The US Congress – as the New York Times wrote at the time – expressed surprise that it took the Pentagon many months to identify “an elementary and at the same time crucial accounting error” and suggested that the White House was trying to increase aid to Ukraine within the funds already allocated for the given fiscal year.
According to the latest list published by the Pentagon, the total value of military aid declared and provided to Ukraine since February 2022 is USD 40 billion. Sabrina Singh announced that another package will be announced soon.