Ukraine's National Bank demands immediate release of Ukrainian cash-in-transit staff from Hungary

Ukraine's National Bank calls on Hungary to immediately free detained Oschadbank cash collectors and explain the circumstances of their detention.

Ukrainska Pravda
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Ukraine's National Bank demands immediate release of Ukrainian cash-in-transit staff from Hungary

National Bank of Ukraine. Photo: NBU on Facebook

The National Bank of Ukraine (NBU) has demanded that the Hungarian authorities immediately release Ukrainian cash-in-transit staff from the state-owned Oschadbank who were seized and are being illegally held in Hungary.

Source: statement by the NBU

Quote: "We demand that the Hungarian authorities immediately release these Ukrainian citizens and provide an official explanation for the reasons behind their detention as well as information about the whereabouts of the cash-in-transit vehicles and the cargo they were carrying."

Background:

  • Ukrainian Foreign Minister Andrii Sybiha said that Hungarian authorities in Budapest had taken seven Ukrainian employees of the state-owned Oschadbank hostage and seized money and valuables on 5 March.
  • Oschadbank said the individuals were two cash collection teams transporting money and valuables under an international agreement with Raiffeisen Bank (Austria). The valuables in the seized vehicles amounted to US$40 million, €35 million and 9 kilograms of gold.
  • According to European Pravda sources, Hungary has hidden the seized Oschadbank cash-in-transit vehicles in a restricted area belonging to its Counter-Terrorism Centre.

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