Ukraine urges Hungary to return money and gold seized from cash-in-transit vehicles

Mariya Yemets, Roman Petrenko — 8 March, 14:12
Ukraine urges Hungary to return money and gold seized from cash-in-transit vehicles
Oschadbank valuables seized by Hungary. Photo: Hungarian government on Facebook

Ukrainian Foreign Minister Andrii Sybiha has called on Hungary to return money and gold bars seized from cash-in-transit vehicles belonging to Ukraine's state-run Oschadbank.

Source: Sybiha on X (Twitter), as reported by European Pravda

Details: Sybiha pointed out that 8 March marks three days since Hungary stopped several Oschadbank cash-in-transit vehicles that were carrying currency and valuables from Austria to Ukraine and "stole money and precious metals in broad daylight".

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Quote: "This money does not belong to Hungary or its government; it is owned by Ukraine's state bank, Oschadbank, and thus by Ukrainian taxpayers. We demand their immediate return and urge Europe-wide condemnation of this unprecedented act of state banditry and racketeering. I encourage all of our European partners to speak out."

Background:

  • On the evening of 7 March, Oschadbank published a statement demanding that Hungary return the cash-in-transit vehicles and the valuables that had been illegally seized. The assets include US$40 million, €35 million and 9 kg of bank gold.
  • The seven Ukrainian cash-in-transit workers returned to Ukraine on the evening of 6 March.
  • Hungarian fact-checkers have reported that Russian propagandists have launched a disinformation campaign about the Ukrainian cash-in-transit staff using AI-generated images.

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Foreign Affairs Ministry Hungary
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