Tag

Oschadbank

All articles tagged with #oschadbank

Hungary Returns Seized Ukrainian Assets, Signaling a Kyiv-Budapest Thaw
world20 days ago

Hungary Returns Seized Ukrainian Assets, Signaling a Kyiv-Budapest Thaw

Hungary handed back €35 million, $40 million, and 9 kilograms of gold seized from Ukraine’s state-bank convoy, a sign of warmer ties after Viktor Orbán’s departure and Péter Magyar’s victory; Zelenskyy called it an important step, and Kyiv noted a constructive approach, while Hungary has moved to drop its veto on a large EU loan to Ukraine and eased tensions over the Druzhba oil pipeline.

Hungary detains Ukrainian bank employees, seizes cash in money-laundering probe
world2 months ago

Hungary detains Ukrainian bank employees, seizes cash in money-laundering probe

Hungarian authorities detained seven Ukrainian employees of the state-owned Oschadbank and seized two armored cash-transport vehicles carrying $40 million, €35 million, and 9 kilograms of gold on suspicion of money laundering; Kyiv denounced the move as hostage-taking, while Hungary expels the Ukrainians amid broader tensions with Ukraine over Russian oil shipments and electoral politics that have strained the two countries.