US audit claims Ukrainian officials mispent million

By ASSOCIATED PRESS
October 14, 2010 08:47

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

KIEV, Ukraine — The government of former Ukrainian Prime Minister Yulia Tymoshenko misappropriated nearly half a billion dollars, according to an audit by three US investigative companies firms released Thursday.

The three firms were hired by the government of President Viktor Yanukovych. Tymoshenko was the main driving force behind the 2004 Orange Revolution street protests that threw out Yanukovych's fraud-tainted election victory. But Yanukovych won February's presidential vote amid public discontent over economic problems and vicious infighting in the Orange camp.

The auditors charged that Tymoshenko's government committed fraud and resorted to "classic international money laundering mechanisms" while buying sugar, vaccines, importing expensive foreign cars and even selling carbon credits to other countries.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
May 20, 2019
China trip and son's wedding: Sri Lanka leader denounced after Easter bombings

By REUTERS