Updated

The New York Times reports that Ukraine lost approximately $1.2 billion in 2024 due to fraud, waste and mismanagement in defence procurement, with contracts continuing to go to unreliable suppliers. The findings highlight persistent corruption risks in Kyiv's wartime defence spending. Unpublished audits obtained by the Times, conducted by Ukraine's State Audit Service and the Defense Ministry's internal audit unit, show that officials repeatedly ignored red flags about contractors and procurement practices at the Defense Procurement Agency. The audits detail specific failures in oversight that allowed the losses to occur, adding new documentary evidence to earlier reporting on the scale of the problem.