Posted on 07/12/2022 9:39:30 PM PDT by RomanSoldier19
e Defense Department watchdog warned on Tuesday that some of the DOD’s and individual services’ practices for tracking and recording the movement of money and aid to Ukraine are hurting the office’s ability to track aid.
The DOD Inspector General’s office released an 18-page management advisory Tuesday on the department’s use of $6.5 billion from the Ukraine Supplemental Appropriations Act, which President Biden enacted in March as part of the 2022 Consolidated Appropriations Act. This is separate from the $40 billion aid package the president signed in May, which gave the State and U.S. Agency for International Development IG offices a funding boost and included reporting requirements for DoD.
“We observed that the [Office of the Under Secretary of Defense (Comptroller)/Chief Financial Officer] made improvements to their reporting processes and controls for Emergency Supplemental Funding as a result of lessons learned and recommendations from the CARES Act Management Advisory, including the [disaster emergency fund code] reporting requirements in the funding authorization documents,” the advisory stated. “However, as the DoD is building processes and procedures to ensure the transparency of the reporting for the Ukraine supplemental funds, we identified multiple areas of concern that, if not adequately addressed, could reduce the traceability of Ukraine supplemental funds and the transparency in the DoD’s reporting.”
(Excerpt) Read more at govexec.com ...
Does anyone wonder just who are manning all those sophisticated weapon systems the US is sending to Ukraine?
It’s all money laundering.
All part of the plan. Especially given that Ukraine is the money laundering capital of the world, especially for American Politicians.
Money sloshing around and a bunch of it disappeared. Whaddasupprise.
Send more $40 Billions
Almost like a plan, huh?
So the system is working then. Foreign aid remains the life blood of acumulating personal riches in American politics.
What’s this 10 percent charge?
Exactly. Reminds one of Donald Rumsfeld telling us $2.3 Trillion was unaccounted for. The day before 911.
“Exactly. Reminds one of Donald Rumsfeld telling us $2.3 Trillion was unaccounted for. The day before 911.”
Inflation monkeys don’t know anyway but war..war..war.war.
If they don’t get their wars, a different set of economic dynamics prevails.
Its called Deflation & its “a bitch” for non producing capital & labor.
“Its going to get wild.”
10% to the big guy.
“The use of summary journal vouchers is a concern because journal vouchers have the potential to limit the transparency of the funds, particularly if the summary journal vouchers do not trace back to the supporting transactions details,” the report notes.
—
“Aaaad it’s gone.”
The last sentence sums it up rather well:
“A couple of years from now, you’re going to be reading stories about waste, fraud and abuse,” Sopko added.
I read this as: “All this record keeping is hurting our support of Ukraine. It is slowing the aid.”
Maybe I am being too cynical, but can a person really be too cynical?
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