The Fort Worth Press - Hungary has not returned cash seized from bank workers, Kyiv says

USD -
AED 3.672498
AFN 65.504849
ALL 80.577087
AMD 365.860278
ANG 1.789783
AOA 917.000424
ARS 1491.75645
AUD 1.415397
AWG 1.80125
AZN 1.702571
BAM 1.696734
BBD 2.015728
BDT 122.843622
BGN 1.696366
BHD 0.377075
BIF 2998
BMD 1
BND 1.280933
BOB 11.734342
BRL 5.200393
BSD 1.000794
BTN 95.468406
BWP 13.472141
BYN 3.009929
BYR 19600
BZD 2.012779
CAD 1.392425
CDF 2273.00005
CHF 0.814065
CLF 0.023236
CLP 914.499139
CNY 6.743201
CNH 6.74428
COP 3125.59
CRC 449.393362
CUC 1
CUP 26.5
CVE 96.097355
CZK 20.9984
DJF 178.218681
DKK 6.480598
DOP 58.500592
DZD 132.925576
EGP 50.179799
ERN 15
ETB 161.890385
EUR 0.86692
FJD 2.212449
FKP 0.740201
GBP 0.74105
GEL 2.60983
GGP 0.740201
GHS 11.075014
GIP 0.740201
GMD 73.503608
GNF 8774.999769
GTQ 7.628599
GYD 209.38434
HKD 7.84725
HNL 26.830633
HRK 6.532499
HTG 130.904201
HUF 315.099503
IDR 17869
ILS 2.962965
IMP 0.740201
INR 95.40155
IQD 1311.025996
IRR 1374587.502337
ISK 123.279732
JEP 0.740201
JMD 158.336044
JOD 0.708973
JPY 159.484505
KES 129.380111
KGS 87.450258
KHR 4047.501402
KMF 426.999701
KPW 900.000294
KRW 1419.350245
KWD 0.30881
KYD 0.834053
KZT 465.738688
LAK 22565.000186
LBP 89549.999911
LKR 333.612392
LRD 181.649675
LSL 16.20377
LTL 2.95274
LVL 0.60489
LYD 6.359924
MAD 9.308499
MDL 17.373275
MGA 4310.91697
MKD 53.362649
MMK 2099.846019
MNT 3597.969266
MOP 8.08894
MRU 40.104973
MUR 47.149409
MVR 15.450173
MWK 1736.000212
MXN 17.03136
MYR 4.0864
MZN 63.910212
NAD 16.201257
NGN 1360.610236
NIO 36.82706
NOK 9.503797
NPR 152.752101
NZD 1.70711
OMR 0.384494
PAB 1.000794
PEN 3.377159
PGK 4.42879
PHP 61.353982
PKR 277.795321
PLN 3.73725
PYG 5973.01084
QAR 3.635016
RON 4.540599
RSD 101.711976
RUB 83.066008
RWF 1474.223003
SAR 3.743113
SBD 8.064941
SCR 13.765481
SDG 600.502424
SEK 9.557505
SGD 1.280275
SHP 0.740866
SLE 24.549828
SLL 20969.499227
SOS 571.973887
SRD 37.722501
STD 20697.981008
STN 21.254723
SVC 8.756946
SYP 13001.999906
SZL 16.149252
THB 33.180338
TJS 9.247366
TMT 3.51
TND 2.934571
TOP 2.40776
TRY 47.869903
TTD 6.786763
TWD 32.139098
TZS 2645.502973
UAH 44.737671
UGX 3715.737009
UYU 40.062929
UZS 11954.697077
VES 765.39797
VND 26075
VUV 118.594628
WST 2.730779
XAF 569.073676
XAG 0.015471
XAU 0.000229
XCD 2.70255
XCG 1.803702
XDR 0.707757
XOF 569.06874
XPF 103.462785
YER 237.149534
ZAR 16.183898
ZMK 9001.195179
ZMW 18.815201
ZWL 321.999592
  • RBGPF

    0.0000

    72.16

    0%

  • CMSC

    0.0250

    21.475

    +0.12%

  • VOD

    0.1300

    16.22

    +0.8%

  • NGG

    0.5200

    81.2

    +0.64%

  • RIO

    -3.0200

    98.2

    -3.08%

  • AZN

    -1.2600

    157.24

    -0.8%

  • RYCEF

    0.1700

    20.71

    +0.82%

  • RELX

    0.1200

    34.67

    +0.35%

  • BTI

    1.5100

    57.35

    +2.63%

  • BP

    -0.1000

    42.83

    -0.23%

  • GSK

    0.1500

    50.45

    +0.3%

  • CMSD

    0.0000

    21.59

    0%

  • BCE

    0.1900

    23.32

    +0.81%

  • JRI

    -0.0300

    12.68

    -0.24%

  • BCC

    -0.1200

    84.13

    -0.14%

Hungary has not returned cash seized from bank workers, Kyiv says
Hungary has not returned cash seized from bank workers, Kyiv says / Photo: © Hungarian Government/AFP

Hungary has not returned cash seized from bank workers, Kyiv says

Ukraine is working to recover $80 million of cash and nine gold bars that Hungary seized when authorities arrested seven Ukrainian bank workers this week, Kyiv's central bank chief said Friday.

Text size:

Hungary arrested the seven employees of Ukraine's state-owned Oschadbank on Thursday as they were transporting cash between banks in Austria and Ukraine. It released them on Friday.

Budapest says it arrested them as part of a money-laundering probe, but Kyiv says Hungary effectively took the men "hostage" in retaliation for Ukraine's delayed re-opening of a pipeline carrying Russian oil to Budapest.

The incident has badly damaged relations between the two neighbours, with Hungarian Prime Minister Viktor Orban and Ukrainian President Volodymyr Zelensky trading barbs.

Hungary has not yet returned the valuables, Ukrainian central bank chief Andriy Pyshnyi said on Facebook.

"The shamefulness of this situation is simply beyond comprehension," he said in a post, adding that Kyiv was working to return the cargo "as quickly as possible".

A day earlier, Zelensky appeared to issue a direct threat against Orban, saying Ukraine's armed forces would "talk to him in their own language" -- a statement condemned by Hungary and the European Union, of which it is a member.

- Stacks of cash -

The bank employees were transporting $40 million, 35 million euros and nine kilogrammes (317 ounces) of gold.

Hungary's National Tax and Customs Administration (NAV) said it had detained the seven Ukrainian citizens, including a former Ukrainian secret service general, and two armoured cash-transport vehicles on Thursday.

NAV "is conducting criminal proceedings on suspicion of money laundering", it said in a statement.

The Hungarian government also released footage on social media showing what it said was the arrest of the Ukrainians and stacks of cash seized.

Ukraine summoned Hungary's charge d'affaires over what it called the "unlawful" detentions, and urged its citizens to avoid travel to Hungary, citing "the inability to guarantee their safety amid the arbitrary actions of the Hungarian authorities".

Ukraine's Foreign Minister Andriy Sybiga on X slammed what he called "state banditism", adding that Ukraine reserved "the right to take appropriate action, including initiating sanctions and other restrictive measures".

The men were released on Friday and are now back in Ukraine, Sybiga said in a later post.

- 'Blackmail' -

The incident comes amid Hungarian anger over Ukraine's delayed re-opening of the Druzhba pipeline, which transports Russian oil to Budapest.

Ukraine says the pipeline was damaged by a Russian attack in January and needs time to repair.

But Hungary, which is a close partner of Russia, says Ukraine is deliberately stalling the re-opening in a form of "blackmail".

In a radio interview earlier Friday, Orban said until the oil delivery issue was resolved, Hungary "will use every step and every means at our disposal", including stopping "things passing through Hungary, things that are important to Ukraine".

Relations between the two neighbours were already strained by Orban's close ties with Russia and his opposition to military aid for Kyiv.

The Hungarian premier has ramped up political attacks on Ukraine ahead of a closely fought parliamentary election set for April 12.

Orban has been stalling a 90-billion-euro ($106-billion) EU loan to the war-torn country and a new round of sanctions on Russia, demanding that Kyiv first reopen the Druzhba pipeline, whose alleged damages he disputes.

Hundreds of people demonstrated in front of the Ukrainian embassy in Budapest on Friday to protest what they called an oil blockade, carrying Hungarian flags and posters including one that read "Ukraine = mafia state", according to an AFP photographer.

The demonstration was organised by a pro-Orban group.

Zelensky said on Thursday the pipeline could only be made operational after another four to six weeks, although he would personally prefer not to restore transit.

"We hope that one person in the European Union will not block the 90 billion (euros)... Otherwise we will give this person's address to our Armed Forces, to our guys. Let them call him and talk to him in their own language," Zelensky said.

The European Union slammed the apparent threat as "not acceptable", denouncing "inflammatory rhetoric" on all sides and calling for calm.

burs/jhb

J.P.Estrada--TFWP