Ukrainian bank employees detained and $80 million in cash seized in Hungary

Ukrainian bank employees detained and $80 million in cash seized in Hungary

AP News world

Key Points:

  • Hungarian authorities detained seven Ukrainian citizens and seized two armored cars carrying large sums of cash on suspicion of money laundering, prompting Ukraine to accuse Hungary’s government of hostage-taking and illegal seizure of assets.
  • The detainees were employees of Ukraine’s state-owned Oschadbank transporting $40 million, €35 million, and gold worth around $1.5 million between Austria and Ukraine as part of regular bank services.
  • Hungary announced it would expel the seven Ukrainians, including former military personnel, without clarifying why suspects were released despite ongoing criminal proceedings.
  • The incident has heightened tensions amid a dispute over Russian oil supplies through a pipeline crossing Ukraine, with Hungary accusing Ukraine of obstructing deliveries and threatening countermeasures.
  • Hungarian Prime Minister Viktor

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