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Hungary Returns Seized Oschadbank Cash and Gold to Ukraine

The handover signals a thaw in ties following Viktor Orbán’s defeat.

Overview

  • Ukraine said Hungary returned the shipment on Wednesday, covering $40 million, €35 million and 9 kilograms of gold.
  • Oschadbank confirmed full receipt, saying its team verified the packaging and released photos of the recovered assets.
  • Hungarian officers stopped two armored cars in Budapest in early March, detained seven couriers, and held the cargo as evidence in a money‑laundering probe authorized for up to 60 days.
  • Kyiv had called the seizure unlawful and described the detentions as hostage‑taking, while Budapest defended the action as part of a criminal investigation.
  • The return comes after April’s election put Péter Magyar in line to lead Hungary, a shift that has eased disputes with Kyiv and the EU including fights over oil flows and financial aid.