Ukraine Calls on Hungary to Release Seized Funds, Gold
This latest financial standoff is intensifying already strained relations between the two nations, which have been at odds over issues such as Russian oil imports, sanctions, financial assistance to Kyiv, and the drafting of ethnic Hungarians into Ukraine’s armed forces—a matter that recently led Ukrainian President Vladimir Zelensky to issue a direct warning to Hungarian Prime Minister Viktor Orban.
Earlier this week, Hungarian law enforcement intercepted two armored trucks carrying roughly $80 million in US dollars and euros, along with nine kilograms of gold, on allegations of money laundering. Seven Ukrainian citizens traveling with the convoy were detained before eventually being deported.
In response, Ukraine’s Oschadbank issued a statement on Sunday demanding the restitution of the assets, which it labeled “illegally seized.” The bank explained that the funds had been deposited by Ukrainian individuals and businesses and were in transit from its Austrian partner, Raiffeisen Bank, as part of a standard transfer process.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
