Ukrainian President Petro Poroshenko has signed a decree in order to reform defence procurement after two corruption scandals involving the state-run Ukroboronprom defence conglomerate came to light.
The scandal broke out following the release of successive videos by Bihus.info after the conclusion of an investigative project. The latest one accuses Ukroboronprom of procurements at prices five times higher than the market average. The first one was dedicated to how Oleh Hladkovskyi, President Poroshenko’s business partner, allegedly laundered $9.2 million in defense procurements.
Poroshenko signed the official order enacting the decision of the National Security and Defense Council of Ukraine (NSDC) "on the reform of the military-industrial complex and increasing the level of transparency in the implementation of the state defense order," according to a report by published by the press service of the President of Ukraine.
Domestic defense enterprises need to be strengthened to fulfil provide security, and to equip defense forces with new and modernized weapons and military equipment in the face of the Russian aggression, the report read.
Regular inspections of Ukrainian military-industrial enterprises, eliminating corruption risks, increasing transparency and strengthening control over the activities of the Ukroboronprom and other state-owned enterprises of the defense industry form a part of the new reform under the signed decree.
In addition, Poroshenko promises to have Ukroboronprom’s accounts audited with the involvement of international experts and announce results to the public.
Lithuania Gets First 2 Of Its Ordered 88 Boxer Infantry Fighting Vehicles
Russia’s Conventional Alternative To Planned Nuclear-Powered Carrier Will Be Better Than UK’s...
EuroSpike Secures €40 Million Spike Missile Deal with Estonia
MBDA, Lockheed Submit Proposal for Germany's Integrated Air and Missile Defense System
Russia To Offer Customizable MiG-35 Jet To India
Turkish Aerospace Uncovers Fifth-gen TF-X Jet Mock-up at Paris Air Show 2019
US to Sell 8 Weaponized F-16 Fighter jets to Bulgaria for $1.67
Pakistani-Chinese JF-17 Thunder Seeks New Markets at Paris Air Show 2019
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...