Ukrainian officials stole about $40 million meant for the purchase of ammunition for the military.
Some detractors have pointed to Ukraine's history with corruption as reasons to stop providing money to the country nearly two years into its war with Russia.
After receiving the funds, the company's management transferred part of the money to the balance sheet of a foreign commercial structure that was supposed to deliver the ordered ammunition to Ukraine, but it did not send a single artillery shell to our country, and took the received funds into the shadows, transferring them to the accounts of another affiliated structure in the Balkans.
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