Pentagon accounting error overvalued Ukraine aid by $3b - sources | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 14, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 14, 2025
Pentagon accounting error overvalued Ukraine aid by $3b - sources

World+Biz

Reuters
18 May, 2023, 10:15 pm
Last modified: 18 May, 2023, 10:19 pm

Related News

  • Up to 1,000 transgender troops are being moved out of the military in new Pentagon order
  • Three Pentagon officials fired amid leak investigation: Politico
  • Pentagon watchdog opens probe into use of Signal for Yemen attack plans
  • Pentagon's Hegseth texted planned time of targeted killing of Yemeni 'terrorist'
  • Trump seeks minerals refining on Pentagon bases to boost US output: sources

Pentagon accounting error overvalued Ukraine aid by $3b - sources

Reuters
18 May, 2023, 10:15 pm
Last modified: 18 May, 2023, 10:19 pm
Pentagon. Photo: Reuters
Pentagon. Photo: Reuters

The Pentagon overvalued US equipment it sent to Ukraine by around $3 billion, a Senate aide and a defence official said on Thursday, an error that opens up the possibility of more weapons being sent to Kyiv for its defence against Russian forces.

The error was the result assigning a higher than warranted value on weaponry that was taken from US stocks and then shipped to Ukraine, two senior defense officials said on Thursday.

"We've discovered inconsistencies in how we value the equipment that we've given" to Ukraine one of the senior defence officials told Reuters. The officials and the Senate aide spoke on the condition of anonymity. Congress is being notified of the accounting adjustment on Thursday, the sources said.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The defence official said it is possible the amount of overvalued weaponry could grow as the Pentagon examines the situation more thoroughly, increasing the $3 billion.

 

Top News / Europe / USA

Ukraine aid / Pentagon

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh to get $3.5 billion by June from IMF, WB, ADB: BB governor
  • Photos: Collected
    BB moves for managed floating exchange rate to get IMF loan
  • Police fired tear gas, sound grenades to disperse a long march by Jagannath University (JnU) students and teachers heading towards the chief adviser’s residence in Jamuna today (14 May). Screengrab
    JnU's 'March to Jamuna': 25 injured as police fire tear gas, lob sound grenades on students, teachers

MOST VIEWED

  • Representational image. File Photo: UNB
    Army updates contact numbers for people seeking help across Dhaka, surrounding districts
  • Logo of bkash. Photo: Collected
    bKash posts Tk132cr profit in three months
  • IMF agrees to release $1.3b in June for Bangladesh as disagreement over exchange rate flexibility resolved
    IMF agrees to release $1.3b in June for Bangladesh as disagreement over exchange rate flexibility resolved
  • Collage shows [from left] shows the woman rushing to her house with the cat after, getting into the lift and the cat that was beaten. Collage: TBS
    Animal abuse outrages citizens: Grameenphone condemns incident allegedly involving employee
  • Photo: Screenshot
    Businessman shot in Gulshan after reportedly refusing to pay extortion
  • Walton expands footprint in Sri Lanka
    Walton expands footprint in Sri Lanka

Related News

  • Up to 1,000 transgender troops are being moved out of the military in new Pentagon order
  • Three Pentagon officials fired amid leak investigation: Politico
  • Pentagon watchdog opens probe into use of Signal for Yemen attack plans
  • Pentagon's Hegseth texted planned time of targeted killing of Yemeni 'terrorist'
  • Trump seeks minerals refining on Pentagon bases to boost US output: sources

Features

Sketch: TBS

‘National University is now focusing on technical and language education’

16h | Pursuit
Illustration: TBS

How to crack the code to get into multinational companies

18h | Pursuit
More than 100 trucks of pineapples are sold from Madhupur every day, each carrying 3,000 to 10,000 pineapples. Photo: TBS

The bitter aftertaste of Madhupur's sweet pineapples

18h | Panorama
Stryker was released three months ago, with an exclusive deal with Foodpanda. Photo: Courtesy

Steve Long’s journey from German YouTuber to Bangladeshi entrepreneur

1d | Panorama

More Videos from TBS

1 June set for verdict on Jamaat-e-Islami's appeal to regain political party registration

1 June set for verdict on Jamaat-e-Islami's appeal to regain political party registration

1h | TBS Today
How did Bank Asia double its deposit growth?

How did Bank Asia double its deposit growth?

1h | TBS Programs
Handover of Pushed-In Bangladeshis to Their Families

Handover of Pushed-In Bangladeshis to Their Families

2h | TBS Today
Israeli attack on Gaza amid ceasefire, 81 killed

Israeli attack on Gaza amid ceasefire, 81 killed

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net