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

Tuesday
May 13, 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
TUESDAY, MAY 13, 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

  • Chief Adviser’s Press Secretary Shafiqul Alam. File Photo: UNB
    Ban on AL necessary to protect sovereignty, election internal matter: Dhaka on Delhi's remarks
  • Representational image. Photo: TBS
    Jet fuel price for domestic airlines down by Tk17.43 per litre
  • The push-ins are reportedly taking place in remote and uninhabited areas along the borders of Kurigram, Khagrachari, Sylhet, Moulvibazar, and Chuadanga. Photo: Collected
    New tensions at the border: What India’s push-ins mean and why Bangladesh must act now

MOST VIEWED

  • Food, fertilisers, raw materials: NBR plans advance tax on 200 duty-free imports
    Food, fertilisers, raw materials: NBR plans advance tax on 200 duty-free imports
  • A view of the state-owned Intercontinental Hotel in Dhaka, illuminated in the evening. The photo was taken on Sunday. Photo: Rajib Dhar/TBS
    InterContinental seeks Tk900cr govt-backed loan to recover from losses
  • Illustration: TBS
    Awami League, all its affiliates now officially banned
  • Infograph: TBS
    More woes for businesses as govt plans almost doubling minimum tax
  • Commuters resort to using rickshaws amid a lack of CNGs on 16 February 2025. Photo: TBS
    Is a rickshaw-free Dhaka really possible?
  • Photo: TBS
    Tea exports jump by 58% in 2024

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

Illustration: TBS

How to crack the code to get into multinational companies

1h | 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

1h | 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
Photo: Courtesy

No drill, no fuss: Srijani’s Smart Fit Lampshades for any space

2d | Brands

More Videos from TBS

"What agreement has been reached with the IMF to get the loan?"

"What agreement has been reached with the IMF to get the loan?"

12m | Podcast
What is US President Donald Trump's Middle East visit about?

What is US President Donald Trump's Middle East visit about?

1h | Others
India expresses concern, calls for early elections in Bangladesh

India expresses concern, calls for early elections in Bangladesh

1h | TBS News Updates
How separating NBR’s policy and enforcement functions could benefit the economy

How separating NBR’s policy and enforcement functions could benefit the economy

2h | TBS Economy
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