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politics6h ago
Hungary's Orbán orders authorities to hold some $82 million in seized Ukrainian cash and gold
- Hungary orders custody of a seized Ukrainian cash and gold shipment for up to 60 days for investigation.
- The shipment, including 40 million dollars, 35 million euros, and 9 kg of gold, is valued at about 82 million dollars.
- Kyiv calls the seizure unlawful and accuses Hungary of acting under pressure from Russia.
- Orbán's decree also tasks the tax authority to determine if the funds benefited Hungarian criminal or terrorist groups or political organizations.
- Hungary’s parliament authorized the government to oppose Ukraine’s EU path and reject weapons funding initiatives.
- Seven Ukrainian state bank employees were detained in Hungary before being expelled.
- Orbán faces election pressure as he escalates anti-Ukraine rhetoric amid political opposition.
- Hungary’s tax authority is investigating the seizure’s origin, destination, and intended use.
- Ukraine denounces the seizure as a sign of lawlessness by Hungary’s government.
- The seizure involved transport from Austria to Ukraine via Hungary.
- The assets are valued at about $82 million according to current exchange rates.
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