{"id":138,"date":"2026-05-07T08:46:16","date_gmt":"2026-05-07T08:46:16","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=138"},"modified":"2026-05-07T08:46:16","modified_gmt":"2026-05-07T08:46:16","slug":"hungary-returns-a-seized-cash-and-gold-shipment-worth-82-million-to-ukraine","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=138","title":{"rendered":"Hungary returns a seized cash and gold shipment worth $82 million to Ukraine"},"content":{"rendered":"
\n

By JUSTIN SPIKE<\/strong><\/p>\n

BUDAPEST, Hungary (AP) \u2014 A shipment of Ukrainian cash and gold worth around $82 million that Hungary seized earlier this year has been returned to Ukraine\u2019s state Oschadbank, President Volodymyr Zelenskyy said Wednesday.<\/p>\n

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The seizure of the valuables, which were being transported through Hungary by two armored cars when Hungarian counter-terrorism authorities detained them on March 5, caused outrage in Ukraine, where officials accused Hungary\u2019s pro-Russian government of acting illegally, and of using the seizure as a tool in Prime Minister Viktor Orb\u00e1n\u2019s anti-Ukraine election campaign.<\/p>\n

The neighboring countries had already been in a bitter feud over Hungary\u2019s access to Russian oil through a pipeline that crosses Ukrainian territory.<\/p>\n

But on Wednesday, Zelenskyy wrote on social media that the return of the valuables represented \u201can important step in relations with Hungary\u201d after Orb\u00e1n was defeated in a landslide election last month that has raised hopes the incoming government will pursue a less antagonistic policy toward Kyiv.<\/p>\n

\u201cI am grateful to Hungary for its constructive approach and civilized step,\u201d Zelenskyy wrote. \u201cI thank everyone on Ukraine\u2019s team who fought for a fair decision and defended the interests of our state and our people.\u201d<\/p>\n

At the time of the seizure, Hungarian authorities said they suspected money laundering, and Orb\u00e1n ordered that the shipment \u2014 which included $40 million and 35 million euros in cash, as well as 19.8 pounds of gold \u2014 be held in custody for up to 60 days while his country\u2019s tax authority investigated.<\/p>\n

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Hungary\u2019s tax authority did not immediately respond to a request for comment.<\/p>\n

\n<\/div>\n

The Ukrainian bank employees traveling with the shipment were held by Hungarian authorities for over 24 hours before being expelled from the country.<\/p>\n

Ukrainian officials said the shipment was a routine transfer of assets between state banks, and accused Orb\u00e1n\u2019s government of blackmailing Kyiv to try and pressure it to restore interrupted shipments of Russian oil through the Druzhba pipeline, which had been damaged by a Russian drone strike.<\/p>\n

But Orb\u00e1n ordered the tax authority to determine the origin, destination and intended use of the shipment, as well as the identity of the seven expelled Ukrainians \u201cand their possible links to criminal or terrorist organizations.\u201d<\/p>\n

Orb\u00e1n also suggested without providing evidence the shipment may have been intended to fund his primary political opponent, the center-right Tisza party, which ultimately won with a two-thirds majority in parliament during last month\u2019s election.<\/p>\n

\n<\/div>\n

Orb\u00e1n\u2019s government had blocked a major, 90-billion euro ($106-billion) European Union loan to Ukraine over the interruption of Russian oil via the Druzhba. But once those flows resumed following Orb\u00e1n\u2019s electoral defeat, Hungary lifted its veto and allowed the loan to go through.<\/p>\n

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Hungary returned a shipment of Ukrainian cash and gold worth $82 million to the state Oschadbank, President Volodymyr Zelenskyy announced.<\/p>\n","protected":false},"author":1,"featured_media":137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-verified-news"],"yoast_head":"\nHungary returns a seized cash and gold shipment worth $82 million to Ukraine - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=138\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hungary returns a seized cash and gold shipment worth $82 million to Ukraine - 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