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Hungary reported new details on the case of the Ukrainian "golden convoy"

The money and gold seized from the collectors of Oschadbank. Photo: Hungarian Government

New evidence has been found in a criminal case on suspicion of money laundering related to the so-called "golden convoy" transporting large amounts of Ukrainian cash and gold through Hungarian territory. This was announced by the press secretary of the Office of the Prime Minister Zoltan Kovacs.

According to him, investigators of the Hungarian National Tax and Customs Administration (NAV) found that the armored vehicles were transporting freshly printed euros and dollars that had not yet been put into circulation.

"These funds were linked to a number of banks, including the Ukrainian Oschadbank, as well as financial institutions in Poland and Gibraltar," Kovacs said.

He also noted that among the evidence is a video in which a former major general of Ukrainian intelligence allegedly fakes documents, while his accomplices discussed payments related to corruption.

"The cargo included about $ 40 million, 35 million euros and 9 kg of gold, the origin and purpose of which remain unclear. NAV requested international cooperation and rejected the accusations of illegal actions, stressing that all investigative activities were documented and carried out in strict accordance with the law," the spokesman said.

Recall that in early March 2026, relations between Kiev and Budapest deteriorated sharply. One of their reasons was the detention by the Hungarian special services of a large shipment of cash and gold, which was transported by a group of armored vehicles in the direction of Ukraine, which received in The media name is "golden convoy". During the search, the Hungarian authorities seized about $ 40 million, 35 million euros and 9 kg of gold.

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16.07.2026

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