Pentagon Fails 5th Consecutive Audit Amid Ukraine Oversight Concerns
Amid concerns about the lack of oversight for US arms pouring into Ukraine, the Pentagon’s comptroller said that the department has failed its fifth consecutive audit.
The Pentagon began independent financial audits in 2017 and has failed everyone since. Pentagon Comptroller Mike McCord told reporters that things didn’t look much different in the audit from the previous year and that it was “not the progress I would have hoped for.”
The audit of the Pentagon’s $3.5 trillion in assets and $3.7 trillion in liabilities concluded that the department’s internal tracking of money and arms is still not good enough for a passing grade. Pentagon officials have said they hope to pass their first audit by 2027.
When it comes to providing arms to Ukraine, McCord said arming the Ukrainians is an example of why there should be better oversight since they’re supplying a military that needs to replenish equipment quickly. – READ MORE
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