US EditionUkrainian Bank Worker Detained by Hungary Was Forcibly Medicated: Kyiv
Hungary seized $40 million, €35 million, and nine kilograms of gold from Ukraine’s state-owned Oschadbank amid a diplomatic dispute over an oil pipeline.
- AFP reported that Oschadbank demanded Hungary return seized cash and gold, but Budapest has not yet done so, leaving the dispute unresolved.
- Amid a rising pipeline dispute, Budapest seized assets, causing diplomatic and legal tensions between Budapest and Ukraine.
- The assets include $40 million, 35 million euros, and 9 kg of gold, reported by AFP and demanded back by state-owned Oschadbank.
- The unresolved seizure has heightened diplomatic and legal confrontation, while the withheld funds and gold cause a significant financial impact for Oschadbank.
- Looking beyond the seizure, the dispute remains active and unresolved, keeping the pipeline dispute in focus between Hungarian authorities and Oschadbank.
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41 Articles
The ruling Fidesz party submitted a bill to parliament on Monday that would allow tax and customs authorities to hold Ukrainian gold and cash seized last week during a bank transfer through Hungary while they investigate. Hungarian authorities seized $40 million (about 840 million crowns), 35 million euros (over 853 million) in cash and nine kilograms of gold.
The Ukrainian diplomat and he expressed his anger at the relays that were treated with the seven Ukrainian bank employees, arrested last week in Hungary, accusing one of them of being admitted to the hospital after he had been given a drug injection, informs AFP. These employees of the Ukrainian public bank Oschadbank, who were transporting ...
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Ukrainian bank worker detained by Hungary was forcibly medicated: Kyiv
Kyiv on Monday accused Hungary of grossly violating the rights of seven Ukrainian bank employees -- including by forcibly drugging a man with diabetes -- after they were detained with a truck of cash and gold.
Speaking at a press conference in Warsaw, Ukrainian Foreign Minister Andriy Sibiha said that Hungary's delay in returning Ukrainian property was "surprising." He said that he would not engage in ultimatums and blackmail, and called on Hungary not to involve Ukraine in the election campaign. According to Ukrinform, Sibiha called the arrest of the Ukrainian money transporters "state blackmail and state terrorism." He added that the people transpor…
The Ukrainian state-owned Oscsadbank is taking legal action to recover the gold and cash seized by the Hungarian Tax and Customs Administration (NAV) and the Hungarian Tax and Customs Administration (TEK) the other day and which have been frozen ever since. According to the financial institution, the rights of its employees were violated during the proceedings, and the cash-transport vehicles, gold bars, and large amounts of cash have been unlaw…
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