Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Hungary’s $82 million bank transit swoop deepens spat with Ukraine
CNN ^ | March 6, 2026 | Reuters

Posted on 03/06/2026 5:14:29 AM PST by McGruff

Hungary said on Friday it had ⁠detained seven Ukrainians carrying around $82 million in cash and gold on suspicion of money laundering, as Kyiv ​accused Budapest of taking bank employees hostage amid a dispute over oil shipments.

The Hungarian Tax Authority’s decision to have counter-terrorism forces swoop on two Ukrainian armored vehicles transporting cash to Ukraine marks a dramatic escalation of tensions that have already resulted in Budapest blocking tens of billions of euros in European Union aid for Kyiv.

“The National Tax and Customs Administration (NAV) is pursuing criminal proceedings on suspicion of money laundering,” the authority said in a ⁠statement.

“On March 5, 2026, it detained seven Ukrainian citizens, including a former Ukrainian intelligence service general, and two armored cash-in-transit vehicles, which were transporting a total ​of $40 million, 35 million euros and nine kilograms of gold from Austria to Ukraine.”

(Excerpt) Read more at cnn.com ...


TOPICS: Crime/Corruption; European Union; Foreign Affairs; Ukraine
KEYWORDS: policestate; putinthewarpig; russiansuicide; vladtheimploder
Message from Jim Robinson:

Dear FRiends,

We need your continuing support to keep FR funded. Your donations are our sole source of funding. No sugar daddies, no advertisers, no paid memberships, no commercial sales, no gimmicks, no tax subsidies. No spam, no pop-ups, no ad trackers.

If you enjoy using FR and agree it's a worthwhile endeavor, please consider making a contribution today:

Click here: to donate by Credit Card

Or here: to donate by PayPal

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794

Thank you very much and God bless you,

Jim


1 posted on 03/06/2026 5:14:29 AM PST by McGruff
[ Post Reply | Private Reply | View Replies]

To: McGruff

$82 million? That’s just walking around money.


2 posted on 03/06/2026 5:23:34 AM PST by Larry Lucido (Donate! Don't just post clickbait.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

US taxpayer money.
Send it back.


3 posted on 03/06/2026 5:31:56 AM PST by Pete Dovgan
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

> $40 million, 35 million euros and nine kilograms of gold from Austria to Ukraine <

If I were an Austrian citizen, I’d be curious about that. But then again, Austria is just a minor province of the EU empire. So no questions, please.


4 posted on 03/06/2026 5:35:15 AM PST by Leaning Right (It's morning in America. Again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff
Transporting Austrian cash and gold, via Hungary, to Ukraine.

My first instinct - why is cash and gold not leaving Ukraine, and moving to Austria?

5 posted on 03/06/2026 5:42:31 AM PST by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff
Some backstory on conflict between Hungary, Slovakia, and Zelensky is published here:
Those who quarrel with their neighbors are left with a bat and a naked doopa.

"When a neighbor starts throwing stones, sooner or later the stones will fly back."

6 posted on 03/06/2026 5:46:27 AM PST by jonatron (The first casualty when war comes is truth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: zeestephen
My first instinct - why is cash and gold not leaving Ukraine, and moving to Austria?

Because that would then be probably theft or money laundering.

Oschadbank, is Ukraine's state bank which does land transit of funds from Europe to Ukraine to keep the country running.

The valuables that were in the stolen cars belong to the state-owned Oschadbank. These are funds entrusted to the bank by citizens and businesses of Ukraine. They were transported from Austria for further use in circulation and to saturate Ukraine's cash market. The total amount of Oschadbank's funds, whose fate is currently unknown, is 40 million US dollars, 35 million euros, and 9 kg of gold.

7 posted on 03/06/2026 5:48:43 AM PST by tlozo (“We get a lot of bullshit thrown at us by Putin, if you want to know the truth,” Trump)
[ Post Reply | Private Reply | To 5 | View Replies]

To: McGruff

The fact a Ukie intelligence officer was traveling with the cash indicates this was not a routine operation.


8 posted on 03/06/2026 6:27:38 AM PST by mac_truck (aide toi et dieu t'aidera))
[ Post Reply | Private Reply | To 1 | View Replies]

To: McGruff

There is no corruption in Ukraine !

9 posted on 03/06/2026 6:34:07 AM PST by OldHarbor
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Can't compare to the pallet of cash Obama gave Iran.

10 posted on 03/06/2026 7:15:48 AM PST by McGruff
[ Post Reply | Private Reply | To 1 | View Replies]

To: Leaning Right

Never underestimate Austria...two world wars should tell you that.


11 posted on 03/06/2026 7:45:24 AM PST by Mastador1
[ Post Reply | Private Reply | To 4 | View Replies]

To: mac_truck
The fact a Ukie intelligence officer was traveling with the cash indicates this was not a routine operation.

LOL, its a regular, weekly declared land transfer by the official State Savings Bank of Ukraine (Oschadbank) of funds from Europe to Ukraine.

12 posted on 03/06/2026 8:13:00 AM PST by tlozo (“We get a lot of bullshit thrown at us by Putin, if you want to know the truth,” Trump)
[ Post Reply | Private Reply | To 8 | View Replies]

To: OldHarbor; mac_truck

Orban being an asshole right to the end

Fortunately this Putin Fluffer gets the boot in 1 month

Good riddance


13 posted on 03/06/2026 8:51:31 AM PST by canuck_conservative (Russia lies all the time)
[ Post Reply | Private Reply | To 9 | View Replies]

To: canuck_conservative

What’s funny is there is old video of Orban being very Anti Russia and Putin. He just switched teams when the money was better on the other side. Orban is as phony and fake as politicans come. Yet still gullible observers swallow the contrarian/populist pablum spoon fed to them.


14 posted on 03/06/2026 9:53:54 AM PST by lodi90
[ Post Reply | Private Reply | To 13 | View Replies]

To: canuck_conservative

Yaroslav Hunka

The Ukrainian Nazi that Canada praised as hero .

The very Uke Nazis that Zeepers swear don’t exist !


15 posted on 03/06/2026 10:43:26 AM PST by OldHarbor
[ Post Reply | Private Reply | To 13 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson