Auditors: U.K. Missing Billions Worth of Equipment

1.44

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Auditors: U.K. Missing Billions Worth of Equipment

LONDON - Auditors have been unable to find ₤6.6 billion worth of British military equipment including vehicles, weapons and radios used by troops, a report said Aug. 20.

The government has ordered a shakeup at the Ministry of Defence after the auditors found holes in its record keeping, the Financial Times reported.

The findings raised concerns about whether critical resourcing decisions for Afghanistan have been taken by MoD officials without knowing where billions of pounds of equipment, including machine guns, night vision goggles and spare parts, is located, the newspaper said.

The National Audit Office has refused to sign off on MoD accounts because of an "inadequate level of evidence" that ₤6.6 billion (€7.6 billion euros, $10.9 billion) of its assets existed, the FT said.

The MoD told the newspaper the assets were "never physically lost."

The report comes amid a furious debate in Britain about whether troops fighting Taliban insurgents in Afghanistan have adequate resources as the number of soldiers killed in the conflict rises.

Auditors: U.K. Missing Billions Worth of Equipment - Defense News
 

sky

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That may be true but when your defence budget is costing taxpayers tens of billions of pounds,we have a right to know how our money is being spent.the press are highlighting concerns of ordinary solidiers and the lack of the right kit.The sooner we get out of there the better.
 

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