from ZeroHedge:
How could this possibly happen?
Due to a massive accounting error, which happened just four weeks after a $3 billion accounting error, the value of weapons supplied to Ukraine by the United States was overstated by $6.2 billion over the past two years, according to AP.
TRUTH LIVES on at https://sgtreport.tv/
Pentagon spokeswoman Sabrina Singh said that a detailed review of the accounting error found that replacement costs were recorded for the equipment, not the actual book value of items pulled from Pentagon stocks and sent to Ukraine, adding that final calculations reveal a $3.6 billion error in the current fiscal year, and $2.6 billion in the 2022 FY, which ended last Sept. 30.
BREAKING: ‘Accounting error’ provides extra $6.2 BILLION for Ukraine, Pentagon says pic.twitter.com/75022IXg9k
— Breaking911 (@Breaking911) June 20, 2023
And of course, AP provides the ‘silver lining’;
As a result, the department now has additional money in its coffers to use to support Ukraine as it pursues its counteroffensive against Russia. And it come as the fiscal year is wrapping up and congressional funding was beginning to dwindle.
“It’s just going to go back into the pot of money that we have allocated” for the future Pentagon stock drawdowns, according to Sigh.
