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IPFS News Link • Government Debt & Financing

'We Found No Misuse Of US Funds In Ukraine', US Treasury Says (With Straight Face)

•, by Tyler Durden

And now for some Tuesday humor, brought to you by the US Treasury Department, which sees no indication whatsoever that US funds have been misused in Ukraine, following last week's massive political shake-up wherein some dozen top Ukrainian officials were booted from their posts amid persistent corruption, embezzlement and fraud allegations so glaring it even shocked the Ukrainians.

"We have no indication that U.S. funds have been misused in Ukraine," Treasury spokesperson Megan Apper said in Treasury's first comments since the 'shock' resignations. 

In the official statement given to Reuters, the US government also hailed the supposed "safeguards" which the Ukrainians have put in place, though without actually specifying any: "We welcome the ongoing efforts by the Ukrainian authorities to work with us to ensure appropriate safeguards are in place so that U.S assistance reaches those for whom it is intended," Apper said.

The statement fails to detail precisely how US authorities are tracking disbursement of the some tens of billions in funds that go from American Joe taxpayer, and into the pockets of the Zelensky government to dole out (other than referencing a digital system which supposedly monitors funds)...