Ukraine accuses Hungary of seizing cash and gold shipment, detaining bank staff

Ukraine accuses Hungary of seizing cash and gold shipment, detaining bank staff

politico.eu world

Key Points:

  • Ukraine accuses Hungary of detaining seven Oschadbank employees and seizing millions in cash and gold during a routine transfer between Austria and Ukraine, describing the act as "state terrorism and racketeering."
  • Oschadbank reports the seized assets include $40 million, €35 million, and 9 kg of gold, with the vehicles and detainees held near a Hungarian anti-terrorism center in Budapest, while Hungary demands explanations about the origin and purpose of the funds.
  • Hungarian Foreign Minister Peter Szijjarto suggests a potential link to a "Ukrainian war mafia" and states a thorough investigation will continue until Kyiv clarifies the large cash shipments, which have totaled hundreds of millions in cash and gold since January

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