Pentagon's Ukraine accounting error revised up to $6.2 billion
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[June 21, 2023]
(Reuters) - The Pentagon found it had overestimated the amount of
funding for ammunition, missiles and other equipment it sent to Ukraine
by $6.2 billion due to an accounting error, a spokesperson said on
Tuesday, more than double the amount previously disclosed. |
The Pentagon is seen from the air in
Washington, U.S., March 3, 2022, more than a week after Russia invaded
Ukraine. REUTERS/Joshua Roberts/ File Photo |
The
value of the accounting error was revised up from the $3 billion
that was first reported by Reuters in May, the result of
assigning a higher-than-warranted value on U.S. weaponry shipped
to Ukraine.
Additional funding was uncovered as Pentagon officials
researched the situation more thoroughly and clarified protocols
for valuing equipment based on Financial Management Regulation
and Department of Defense policy, Pentagon deputy press
secretary Sabrina Singh said.
The $6.2 billion breaks down to $3.6 billion for fiscal year
2023 and $2.6 billion for fiscal year 2022, she said, adding
that the errors did not impact the size of presidential drawdown
authority or support for Ukraine.
(Reporting by Mike Stone in Washington, D.C., and Tyler Clifford
in New York; Editing by Leslie Adler)
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