Hungary detains 7 Ukrainians and seizes $80 million cash shipment on suspicion of money laundering
Share this @internewscast.com

In Budapest, Hungarian authorities have apprehended seven Ukrainian nationals and confiscated two armored vehicles loaded with substantial amounts of cash, under suspicions of money laundering, according to officials on Friday.

The Ukrainian government has accused Hungary, led by a pro-Russian administration, of unlawfully detaining its citizens and seizing millions in cash. Ukraine’s Foreign Minister, Andrii Sybiha, voiced strong opposition, stating on X, “We will not tolerate this state banditism. Those responsible for taking our citizens hostage will be held accountable.”

The detained individuals are employees of Oschadbank, a state-owned Ukrainian bank. They were transporting the funds from Austria to Ukraine, a routine operation between state banks, Sybiha clarified.

The seized cargo included $40 million in U.S. dollars, 35 million euros, and approximately 9 kilograms (about 19.8 pounds) of gold, valued at roughly $1.5 million based on current market prices, as detailed by Oschadbank in a separate statement.

Hungary’s National Tax and Customs Administration has confirmed the detention of the Ukrainian citizens and the seizure of the armored cash-transport vehicles. They have initiated criminal proceedings on the grounds of suspected money laundering.

Hungary’s National Tax and Customs Administration confirmed Friday that it had detained the Ukrainian citizens and seized the two armored cash-transport vehicles. It added that it was conducting criminal proceedings on suspicion of money laundering.

In a later statement, Hungary’s Government Information Center said the seven Ukrainians would be expelled from Hungarian territory on Friday. It said they included a former general of the Ukrainian Security Service, a former major of the Ukrainian Air Force and “individuals with military experience.”

The statement did not detail why, if the Ukrainians were suspected of money laundering, they would be released from custody and expelled.

The incident further inflamed rising tensions between Hungary and Ukraine, which are embroiled in a bitter feud over Hungary’s access to Russian oil through a pipeline that crosses Ukrainian territory.

Oil shipments through the Druzhba pipeline have been interrupted since Jan. 27. Ukraine says a Russian drone strike damaged the pipeline’s infrastructure, and that repairing it carried risks to technicians. It said that even if restored, it would remain vulnerable to further Russian attacks.

Hungary’s government has accused Ukraine of deliberately holding up supplies of Russian crude, and has vowed to take strong countermeasures against Kyiv until oil flows resume.

Orbán stakes election on anti-Ukraine campaign

Hungarian Prime Minister Viktor Orbán, who has maintained close relations with the Kremlin while escalating an aggressive anti-Ukraine campaign ahead of crucial elections next month, has called Ukraine Hungary’s “enemy,” and accused Ukrainian President Volodymyr Zelenskyy of seeking to provoke an energy crisis in order to sway the April 12 vote.

“The best way for the Ukrainians to achieve their demands on Hungary is if they get rid of the national government and the prime minister who is standing in their way,” Orbán said in statements to state radio on Friday.

While he did not directly mention the detention of the bank vehicles, Orbán alluded to the incident, saying: “We will stop things that are important to Ukraine passing through Hungary until we get the approval of the Ukrainians for oil shipments.”

“The Ukrainians will run out of money sooner than we will run out of oil,” he added.

Trailing in most polls behind a popular center-right challenger, the populist Orbán has staked the election on convincing voters that Ukraine poses an existential threat to Hungary’s security.

In office since 2010, the EU’s longest-serving leader has claimed that if he loses the election, the European Union will force Hungary into bankruptcy by cutting Russian energy imports, and that Hungarian youth will be sent to their deaths on the front lines in Ukraine.

In his post, Ukraine’s foreign minister cast Orbán’s conduct as electoral politicking, saying the detention of the seven Ukrainians and seizure of money was “part of Hungary’s blackmail and electoral campaign.”

“We reserve the right to take appropriate action, including initiating sanctions and other restrictive measures,” Sybiha wrote. “We once again demand Hungary stop dragging Ukraine into its domestic politics and electoral campaign.”

Hungary clings to Russian oil

Hungary, along with neighboring Slovakia, has defied EU efforts to wean off Russian fossil fuels, and continued to purchase them despite Moscow’s invasion.

Orbán previously ceased diesel shipments to Ukraine, vetoed a new round of EU sanctions against Russia and blocked a major, 90-billion-euro ($106-billion) loan for Kyiv in retaliation for the interruption in oil shipments.

He’s also deployed military forces to key energy infrastructure sites across Hungary, accusing Ukraine of plotting disruptions.

On Thursday, Orbán told an economic forum that Hungary would use “force,” including “political and financial tools,” to compel Ukraine to resume oil shipments.

Ukraine’s Foreign Ministry on Friday urged Ukrainian citizens to abstain from visiting Hungary, saying their security could not be guaranteed amid “arbitrary actions by the Hungarian authorities.”

The Ministry also called for Ukrainian and European businesses to take into account “the risk of arbitrary seizure of property” in Hungary.

Share this @internewscast.com
You May Also Like
Bride’s sister-in-law douses her in black paint moments before ceremony in horrifying ‘revenge’ attack

Shocking Wedding Sabotage: Sister-in-Law’s Paint Attack on Bride Unveils Dark Family Drama

A British bride has been grappling with depression and hasn’t been able…
Gavin Newsom will “look into” canceled Long Beach fireworks

Governor Gavin Newsom to Investigate Long Beach Fireworks Cancellation: What’s Next?

Residents of Long Beach have expressed their outrage over the abrupt cancellation…
RFK Jr. spars with Democrat lawmaker questioning Trump’s mental acuity

RFK Jr. Challenges Democrat Over Trump’s Mental Fitness Debate: A Heated Exchange Unfolds

During a congressional hearing on Friday, Health and Human Services Secretary Robert…
Alec Baldwin to head back to court in LA as civil trial moves forward in fatal ‘Rust’ shooting

Alec Baldwin Faces New Legal Battle: LA Court Date Set for ‘Rust’ Tragedy Civil Trial

Alec Baldwin will not face criminal charges over the tragic shooting on…
National Geographic and Disney celebrate Earth Month with 'Hoppers' star Piper Curda and Dr. Sammy Ramsey at the La Brea Tar Pits

Celebrate Earth Month with National Geographic & Disney: Meet ‘Hoppers’ Star Piper Curda and Dr. Sammy Ramsey at the Iconic La Brea Tar Pits

This April, National Geographic and Disney are extending an invitation to audiences…
Humpback whale rescued after becoming stranded on Australian beach

Heroic Rescue: Stranded Humpback Whale Saved on Australian Shore

Captured on camera, a dramatic rescue unfolded as a nine-meter humpback whale…
Trump: I Will End Ceasefire Wednesday Unless Deal Done — but Xi's 'Very Happy' As Hormuz Reopens

Trump Threatens to End Ceasefire: Will Xi’s Optimism Hold as Hormuz Reopens?

The ceasefire between the United States and Iran is currently holding, but…
Vermin infestation forces closure of ultra-exclusive San Vicente Bungalows in West Hollywood

Luxury Retreat Shuts Down: West Hollywood’s Elite San Vicente Bungalows Closed Due to Pest Outbreak

This week, a rodent and insect infestation led to the temporary closure…
Beidelman Furniture, oldest business in DuPage County, to close doors downtown Naperville later this month

Historic Beidelman Furniture in Downtown Naperville to Close Its Doors After Decades of Service

NAPERVILLE, Ill. (WLS) — Long before the modern skyline of downtown Naperville…
Minnesota prosecutor charges ICE agent in gun incident as Savanah Hernandez case remains uncharged

Minnesota Prosecutor Files Charges Against ICE Agent in Firearm Incident, While Savanah Hernandez Case Awaits Action

ICE agent faces felony charges in Minnesota after pointing gun at civilians…
Fugitive arrested in Florida 1 day after being placed on FBI's Top 10 Most Wanted list

FBI’s Newly Listed Most Wanted Fugitive Captured in Florida Within 24 Hours

A woman recently named to the FBI’s Top 10 Most Wanted Fugitives…
Nolte - Kevin McCarthy: Gallego and Swalwell Left Spouses Behind on Foreign Trips

Nolte: Representatives Gallego and Swalwell Opted for Solo Foreign Travel, Leaving Spouses at Home

U.S. Senator Ruben Gallego (D-AZ) finds himself at the center of controversy…