Pentagon's Ukraine accounting error revised up to $6.2 billion | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • 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
July 09, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • 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, JULY 09, 2025
Pentagon's Ukraine accounting error revised up to $6.2 billion

World+Biz

Reuters
21 June, 2023, 09:20 am
Last modified: 21 June, 2023, 09:24 am

Related News

  • Iranian nuclear program degraded by up to two years: Pentagon
  • OpenAI wins $200 million US defense contract
  • 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 Ukraine accounting error revised up to $6.2 billion

Reuters
21 June, 2023, 09:20 am
Last modified: 21 June, 2023, 09:24 am
Pentagon. Photo: Reuters
Pentagon. Photo: 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 (20 June), more than double the amount previously disclosed.

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

The $6.2 billion breaks down to $3.6 billion for the fiscal year 2023 and $2.6 billion for the fiscal year 2022, she said, adding that the errors did not impact the size of presidential drawdown authority or support for Ukraine.

Pentagon / Ukraine aid

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

  • Graphics: TBS
    Central bank makes startup loans available at 4% interest for Bangladeshis aged 21
  • S Alam Group Chairman Mohammed Saiful Alam. Photo: Collected
    Court freezes 53 more bank accounts with Tk113cr linked to S Alam Group chairman
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Audit reports of most banks contain cooked up data: BB governor

MOST VIEWED

  • None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
    None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
  • File Photo: Rajib Dhar/TBS
    Bangladesh faces economic impact as US introduces 35% tariff on exports
  • Representational image. Photo: Collected
    Bangladesh reserves above $24b even after making $2b ACU payment 
  • Electric buses for capital: Tk2,500cr to be spent in 2 years
    Electric buses for capital: Tk2,500cr to be spent in 2 years
  • Representational image. Photo: TBS
    35% US tariff to be disastrous for Bangladesh's exports, say economists and exporters
  • Clashes took place between police and protesters in Sylhet on 2 August. Photo: TBS
    Hasina authorised deadly crackdown on protesters during 2024 July uprising, BBC verifies leaked audio

Related News

  • Iranian nuclear program degraded by up to two years: Pentagon
  • OpenAI wins $200 million US defense contract
  • 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

Features

Dr Mostafa Abid Khan. Sketch: TBS

Actual impact will depend on how US retailers respond: Mostafa Abid Khan

1d | Economy
Thousands gather to form Bangla Blockade in mass show of support. Photo: TBS

Rebranding rebellion: Why ‘Bangla Blockade’ struck a chord

1d | Panorama
The Mitsubishi Xpander is built with families in mind, ready to handle the daily carpool, grocery runs, weekend getaways, and everything in between. PHOTO: Akif Hamid

Now made-in-Bangladesh: 2025 Mitsubishi Xpander

2d | Wheels
Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

4d | Panorama

More Videos from TBS

Hasina ordered the use of lethal force in July-August: BBC

Hasina ordered the use of lethal force in July-August: BBC

7m | TBS Stories
How a Decline in Exports to US Could Hit Bangladesh’s Economy

How a Decline in Exports to US Could Hit Bangladesh’s Economy

32m | TBS Economy
What was discussed in the MBS-Araghchi meeting?

What was discussed in the MBS-Araghchi meeting?

2h | TBS World
Not only Hasina but also Awami League should be tried: Mirza Fakhrul

Not only Hasina but also Awami League should be tried: Mirza Fakhrul

4h | TBS Today
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