Ukraine's Defence Ministry recovered nearly US$570,000 in last 3 months from court cases concerning unfulfilled contracts

Economichna Pravda — Saturday, 16 December 2023, 18:31

stock photo: Getty Images

Ukraine’s Defence Ministry has recovered nearly US$570,000 from court cases concerning unfulfilled contracts since September 2023.

Source: Ministry of Defence of Ukraine on Telegram

Details: The Defence Ministry said this was mainly due to violations of the terms of contracts between the ministry and the contractors.

In addition, the ministry repossessed property with a total area of 1,717 sq. m and two plots of land (0.2 hectares each) in Khmelnytskyi Oblast.

Previously: Ukraine’s Defence Ministry has won five international arbitrations against fraudulent foreign suppliers, which enabled it to recover around US$24 million.

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Ukraine's Defence Ministry recovered nearly US$570,000 in last 3 months from court cases concerning unfulfilled contracts

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