Banx Media Platform logo
POLITICSGovernmentNational SecurityHappening Now

Estonia’s Defence Minister Resigns After Failed €70 Million Shell Deal

Estonia’s defence minister resigns after a failed €70 million shell deal involving an Indian supplier sparks scrutiny of government procurement.

J

Julie

INTERMEDIATE
5 min read
0 Views
Credibility Score: 97/100
Estonia’s Defence Minister Resigns After Failed €70 Million Shell Deal

Estonia’s Defence Minister Hanno Pevkur has resigned, accepting political responsibility after a state agency paid nearly €70 million in a failed shell deal intended to support Ukraine. The transaction has triggered scrutiny of defense procurement procedures and the role of an Indian supplier. Officials are investigating how the agreement was approved, why promised deliveries fell short, and whether public funds can be recovered. The scandal has intensified political pressure as Estonia seeks stronger safeguards for military contracts and ongoing support for Ukraine.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
Russia Labels Independent Outlet Novaya Gazeta a “Foreign Agent”

Russia Labels Independent Outlet Novaya Gazeta a “Foreign Agent”

Russia labels independent outlet Novaya Gazeta a “foreign agent,” intensifying pressure on critical media and journalists opposing Kremlin policies inside.

The G20 Dilemma: When Dialogue Meets Moral Boundaries

The G20 Dilemma: When Dialogue Meets Moral Boundaries

European nations express significant discomfort over Russia’s potential return to the G20, highlighting the tension between inclusive global dialogue and the n…

The Climate Superfund Setback: A Moment for Reflection

The Climate Superfund Setback: A Moment for Reflection

A judge has struck down New York’s Climate Superfund law, which aimed to tax fossil fuel companies for climate damages, citing conflicts with federal regulatio…