March 6, 2026

BUDAPEST, Hungary (AP) — Hungarian authorities detained seven Ukrainian citizens and seized two armored cars carrying large amounts of cash across Hungary on suspicion of money laundering, officials said Friday.

Ukraine accused Hungary’s pro-Russian government of taking the Ukrainians hostage and illegally seizing millions of dollars in cash…

Hungarian authorities have detained seven Ukrainian employees of the state-owned Oschadbank and seized two armored cars carrying a large shipment of cash and gold, totaling around $40 million, 35 million euros, and nearly $1.5 million in gold, on suspicion of money laundering; Ukraine has condemned the act, accusing Hungary’s pro-Russian government of hostage-taking and illegal seizure, with Ukrainian Foreign Minister Andrii Sybiha vowing accountability for those responsible amid ongoing criminal proceedings by Hungary’s National Tax and Customs Administration.

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