PolitiFact - Accounting error on military support does not mean US sent Ukraine $6.2 billion by mistake

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PolitiFact - Accounting error on military support does not mean US sent Ukraine $6.2 billion by mistake
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The Pentagon did not say it sent Ukraine $6.2 billion by mistake. It said it made an accounting error, overvaluing by $6.2 billion U.S. weapons and other military support sent to Ukraine.

That doesn’t mean, as a Facebook user claimed, that the Pentagon sent $6.2 billion in cash to Ukraine by mistake.said."Pentagon said we ACCIDENTALLY SENT $6.2 BILLION DOLLARS to UKRAINE. Accounting error. This is straight-up money laundering."

The post was flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed. A Defense Department review determined that equipment sent to Ukraine was overvalued by $6.2 billion in fiscal years 2022 and 2023. Military officials counted the replacement cost of the weapons and equipment instead of the"net book value," Pentagon spokesperson Sabrina Singh said at a June 20 pressThe replacement costs were $6.2 billion higher than the value of the weapons and equipment actually sent.

The department"retains the authority to utilize the recaptured" funds, Singh said, referring to the difference between the two valuations.

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