https://sputnikglobe.com/20240329/us-navy-over-executed-ukraine-funding-by-3988mln—inspector-general-1117647045.html
US Navy Over-Executed Ukraine Funding by $398.8Mln – Inspector Normal
US Navy Over-Executed Ukraine Funding by $398.8Mln – Inspector Normal
Sputnik Worldwide
The US Navy over-executed supplemental funding for Ukraine by $398.9 million in 2022, the US Protection Division’s Workplace of Inspector Normal (DoD IG) stated in an announcement.
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2024-03-29T20:24+0000
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On Thursday, Inspector Normal Robert Storch launched a administration advisory on the Navy’s execution of supplemental funding to help Ukraine, the assertion stated. An audit of the Protection Division’s execution of the funding discovered inner management deficiencies that resulted within the Navy over-executing funds, the assertion stated. The DoD IG really helpful that the Navy develop and implement inner controls to stop over-execution of supplemental funds, take corrective actions to deal with the FY2022 over-execution and replace process documentation to deal with particular controls put in place, the assertion stated. The Navy has long-term plans to deal with the issue however ought to take immediate motion to implement controls to keep away from future over-execution of funds, the assertion stated. The DoD IG will proceed to watch the Navy’s progress towards implementation of the suggestions, the assertion stated.
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WASHINGTON (Sputnik) – The US Navy over-executed supplemental funding for Ukraine by $398.9 million in 2022, the US Protection Division’s Workplace of Inspector Normal (DoD IG) stated in an announcement.
“The advisory discovered that the Navy over-executed its Ukraine funding 3 times throughout Fiscal Yr 2022 for a complete over-execution of $398.9 million. Whereas the Navy had funds out there to reverse the over-execution on these events, such funds might not be out there sooner or later, which might result in a possible Antideficiency Act violation,” the assertion stated.
The DoD IG really helpful that the Navy develop and implement inner controls to stop over-execution of supplemental funds, take corrective actions to deal with the FY2022 over-execution and replace process documentation to deal with particular controls put in place, the assertion stated.
The Navy has long-term plans to deal with the issue however ought to take immediate motion to implement controls to keep away from future over-execution of funds, the assertion stated.
The DoD IG will proceed to watch the Navy’s progress towards implementation of the suggestions, the assertion stated.