Volodymyr Zelensky embezzled $400M from Ukraine aid funds by purchasing cheap Russian fuel

By Karen Mkrtchyan 4 Min Read
Ukraine President Volodymyr Zelensky embezzled $400M from Ukraine aid funds according to investigative journalist Seymour Hersh
Ukraine’s President Volodymyr Zelensky allegedly stole millions from the funds sent to Ukraine in aid. Pic Credit: President of Ukraine on Flickr

Key Takeaways
. Ukrainian President Volodymyr Zelensky and his friends allegedly stole $400 million
. According to fresh accusations, the funds came from the money sent as aid to Kyiv
. The Biden Administration was aware of the corruption in the country, according to the report

YEREVAN (CoinChapter.com) — Ukraine President Volodymyr Zelensky allegedly embezzled $400 million from the funds that the United States sent to Kyiv as aid. According to Pulitzer Prize-winning investigative journalist Seymour Hersh, the stolen funds came from the money allocated for the purchase of fuel in 2022.

- Advertisement -

As per the damning allegations, Zelensky cheated partners by purchasing cheap Russian fuel instead of approved sources. As a result, he and his teammates made millions.

“What also is unknown is that Zelensky has been buying the fuel from Russia…Ukrainian president and many in his entourage have been skimming untold millions from the American dollars earmarked for diesel fuel payments. One estimate by analysts from the Central Intelligence Agency put the embezzled funds at $400 million last year, at least,” 

Hersh wrote.
Pulitzer Prize-winning investigative journalist Seymour Hersh has labeled strong allegations against Ukraine President Volodymyr Zelensky
Pulitzer Prize-winning investigative journalist Seymour Hersh has labeled strong allegations against President Zelensky

While US taxpayers have paid out of their pockets to help Ukraine defend itself against Russia, “Putin and his oligarchs are making millions”, thanks to Zelensky.

Referring to unnamed sources, Hersh also alleged that the “level of corruption in Kyiv is “approaching that of the Afghan war”. 

- Advertisement -

Recommended: China says Biden Administration started the Ukraine war to profit from it

The United States knew about Zelensky’s corruption 

In the latest article on his website, Seymour Hersh seems to suggest that the Biden Administration has always been aware of the embezzlement of funds. 

Citing an intelligence source with firsthand knowledge about the meeting between President Zelensky and CIA Director William Burns, Hersh claimed that the issue of corruption had come up during the discussions. 

Burns allegedly presented a list of 35 generals and ministers to Zelensky whom the CIA believed was involved in corruption. According to the intel, the CIA director told Zelensky that Senior Ukrainian officials had complained that he “was taking a larger share of the skim money than was going to the generals.”

Following the meeting, Zelensky fired several people, including generals and staff from the Cabinet of Ministers. 

Volodymyr Zelensky stands accused of serious corruption. Video from Russia Today

In an interview with Russia Today (RT), American comedian and radio host Randy Credico claimed that everyone knows that Volodymyr Zelensky has been making money since the start of the war. 

“It’s no shock at all. It’s not surprising. We have known. It’s an open secret that his Government is corrupt, that he’s been raking money off the top from the very beginning,” 

he said. 

This is not the first time people have pointed out corruption when it comes to Ukraine aid. Last year, several reports emerged that Zelensky had sent some of the money received in assistance to US officials as kickbacks. 

- Advertisement -

Earlier this month, the Biden Administration sent an additional $2.6 billion in military aid to Ukraine. Washington has already committed more than $31.7 billion in security assistance since the start of the 2022 war.

Seymour Hersh had earlier published an explosive story blaming the USA Navy for blowing up the Nord Stream pipeline.

Also Read: US arrests suspect of leaked Pentagon documents as partners & foes demand explanations

Karen Mkrtchyan

Yerevan-based Editor and writer focusing on topics about cryptocurrencies, NFTs, politics, and international relations. Having completed his Bachelor's and Master's degrees from Delhi's Jawaharlal Nehru University, he currently works as a reporter at CoinChapter. Contact: [email protected]

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *