Kyiv hails Hungary returning seized cash, eyes mending ties
Zelenskyy said the return marks a step toward better ties after Hungary held the shipment for money-laundering suspicions and a diplomatic dispute.
- On Wednesday, Ukrainian President Volodymyr Zelensky announced that Hungary returned $40 million, 35 million euros, and nine kilograms of gold seized from Oschadbank employees in March.
- Hungarian authorities detained seven Oschadbank couriers on March 5 while transporting the assets through Budapest, triggering a diplomatic row that Ukraine characterized as "hostage-taking."
- The incident stemmed from a serious falling-out in February between Zelensky and Hungarian Prime Minister Viktor Orban over Russian oil deliveries via the Druzhba pipeline.
- After Orban lost the April 12 election, successor Peter Magyar ended the confrontation with Kyiv, allowing oil deliveries through the Druzhba pipeline to resume.
- Zelensky thanked Budapest for the return, calling it a "constructive and civilized step" that signals improved bilateral relations between the two nations.
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61 Articles
Hungr a returned today Ukrainian cash and gold that seized early in this to or to the state bank of Hungr a.
Hungary returned approximately $82 million in cash and gold confiscated in March from a convoy of Ukrainian state bank Oschadbank, after two months of tension with Kiev. President Volodimir Zelenski thanked Budapest for "the constructive approach" and "civilised gesture".
According to Volodymyr Selenskyy, several millions and gold seized by Hungarian officials are back in Ukraine. After Viktor Orbán's departure, relations between the countries seem to improve.
Hungary has returned cash and gold seized from employees of the National Bank of Ukraine in March during a political dispute, President Volodymyr Zelensky said on Wednesday. The announcement marks a further thaw in relations between Kyiv and Budapest after the election defeat of Russia-friendly Hungarian Prime Minister Viktor Orbán in April.
Hungary has returned to Ukraine cash and gold seized by Budapest in March after a group of Ukrainian bank employees were detained while being transported through Hungary, Ukrainian President Volodymyr Zelensky said, adding that it was a new step towards improving relations between the two countries.
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