Zelenskyy: Hungary returned $82m in Ukrainian cash and gold seized from Oschadbank.
Ukraine brought the staff home earlier, now the money and valuables also returned in full.
1/
The shipment included:
- $40m cash
- €35m cash
- 9 kg of bank gold
Oschadbank transported the assets from Austria’s Raiffeisen Bank to Ukraine when Hungarian security services stopped the convoy on March 6 in Budapest. 2/
Hungary detained Ukrainian cash collectors for 24+ hours, confiscated the money, and later passed a law allowing seizure of foreign cash shipments.
Orbán claimed, without evidence, the money could fund his political opponents. 3/
Kyiv accused Orbán of using the seizure to pressure Ukraine into restoring Russian oil transit through the Druzhba pipeline.
At the same time, Hungary blocked a €90bn EU loan for Ukraine. 4/
After Orbán lost the election, Hungary changed course.
Russian oil transit resumed. Budapest lifted its veto on the €90bn EU package — and returned the Ukrainian assets in full. 5/
Oschadbank confirmed all packaging, seals, cash, and gold matched the original shipment.
Bank chief Yuriy Katsion called the seizure “a violation of international norms and interstate cooperation.” 6X
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