Ukraine’s defense sector faced massive corruption, with officials and contractors laundering millions through fictitious firms, inflating procurement costs, and misappropriating funds intended for military equipment. Law enforcement uncovered a large-scale scheme to launder budget funds obtained through defense contracts for the Armed Forces of Ukraine. According to the investigation, in 2023–2024, officials from one defense enterprise colluded with organizers of […] The post Over 578 Million Hryvnias “In the Shadows”: How Funds from Defense Contracts Were Embezzled appeared first on EMPR.media — Independent Ukraine News & Analysis .