Foreign Minister Peter Szijjarto has suggested the seized funds could be meant for meddling in upcoming Hungarian elections
Ukraine has failed to explain why an armored convoy carrying tens of millions of dollars in cash and gold, and supervised by people with ties to Ukrainian intelligence, was transiting through Hungary, Foreign Minister Peter Szijjarto has said. He also implied that the funds may be a sign of Ukrainian plans to meddle in Hungary’s upcoming elections.
Tensions between the two countries escalated last week when Hungarian officials impounded two trucks belonging to Ukrainian state-owned Oschadbank near Budapest, seizing $40 million and €35 million in cash and 9 kg of gold as part of a money laundering investigation. The funds were being transported from Austria’s Raiffeisen Bank to Ukraine.
Hungary said the convoy was being supervised by a former general of Ukraine’s Security Service (SBU), with other escorts also reportedly having military backgrounds. All seven escorts were deported back to Ukraine, while the assets and the trucks remain in custody. Ukraine, meanwhile, has denounced the seizure as “state banditism” and “blackmail.”
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