Hungary returned Ukrainian cash-in-transit vehicles but without money and gold
Oschadbank cash-in-transit vehicles that were previously detained in Hungary have been returned to bank representatives and Ukrainian diplomats.
Source: Oschadbank press service
Details: At the same time, the cash and bank metals transported in the vehicles – US$40 million, €35 million and nine kg of gold – remain held by the Hungarian side.
The bank said that part of the personal belongings of the seven members of the cash-in-transit team were returned together with the vehicles. After the handover, equipment damage was recorded: lawyers on site documented malfunctions and after the vehicles are returned to Ukraine the bank plans to assess losses.
Oschadbank insists that the transportation was carried out legally in accordance with all norms of international law and that its rights to the seized funds and valuables are lawful.
Background:
- On the night of 5-6 March, Foreign Minister Andrii Sybiha reported that in Budapest the Hungarian authorities had seized seven Ukrainian cash-in-transit guards and a large amount of currency.
- Hungary handed over seven detained cash-in-transit guards to Ukraine at the border.
- Ukraine's National Bank recommended that banks carrying out cross-border transportation of valuables adjust their routes and exclude travel through countries where there are risks of such shipments being blocked.