Name: Ukraines Oschadbank demands money back after cash seizure
Uploaded: 2026-03-14T20:36:46.091Z
Duration: 1 min 19 s
Description: 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 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.

Kyiv

Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.

Ukraine Invasion

Ukraine's Oschadbank has called for the immediate return of cash and gold confiscated by Hungarian authorities after a police raid near Budapest. The incident involved the seizure of $40 million, €35 million, and 9 kilograms of gold, and led to the expulsion and three-year ban of seven Ukrainian nationals from the Schengen area and the European Union.

Lawyers for Oschadbank stated that the funds were being transferred routinely from Austria to Kyiv. The situation has escalated into a diplomatic dispute, with Ukrainian officials accusing Hungary of state terrorism, while Hungarian officials allege possible links to criminal activity and political financing.

Ukraine's Oschadbank demands money back after cash seizure

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Ukraine's Oschadbank demands money back after cash seizure

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