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Ukraine's Oschadbank demands money back and denies opposition links after Hungary cash seizure

The bank is demanding the return of $40m, €35m and 9kg of gold seized by Hungarian authorities near Budapest, flatly rejecting Hungarian claims the funds were linked to organised crime or opposition party financing. The personnel on the cash-carrier have been banned from the EU for three years.

READ MORE : http://www.euronews.com/2026/03/09/ukraines-oschadbank-demands-money-back-and-denies-opposition-links-after-hungary-cash-seiz

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00:01Ukraine's Oshad Bank is demanding the immediate return of cash and gold confiscated by Hungarian authorities last week,
00:08lawyers representing the bank in Hungary told Euronews.
00:12The incident triggered a diplomatic row after Hungarian police raided a convoy of cash careers near Budapest
00:19and seized 40 million dollars, 35 million euros and 9 kilograms of gold.
00:26Hungary expelled seven Ukrainian nationals accompanying the transport the following day
00:31and opened an investigation into suspected money laundering.
00:35The seven Ukrainian nationals have been banned from the Schengen area and the broader European Union for three years, according
00:42to the law firm.
00:44The lawyers told Euronews that the Ukrainian vehicles were carrying out a routine transfer from Austria's Raiffeisen Bank to Oshad
00:52Bank's headquarters in Kiev.
00:54Ukrainian Foreign Minister Henry Sibiha accused Hungary of kidnapping and state terrorism while his Hungarian counterpart, Peter Siharto, said the
01:04funds could be linked to criminal activities.
01:07Hungary's Minister for Construction and Transport suggested the funds could have been intended to finance opposition parties ahead of Hungarian
01:16elections.
01:17Hungary's Minister for fans.
01:20Hungary's Minister for 전
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