Hungary seizes millions of euros in cash and gold from Ukrainian convoy
The Guardian World
by Shaun Walker in Kyiv and Flora Garamvolgyi in BudapestMarch 6, 2026
Seven Ukrainians arrested and money-laundering investigation launched in latest spat between Kyiv and Budapest
An increasingly acrimonious spat between Hungary and Ukraine has escalated further, as Budapest impounded two Ukrainian armoured bank vehicles carrying millions of euros of hard cash as well as bars of gold.
Seven Ukrainian citizens accompanying the convoy were also arrested. Hungarian officials said the detained Ukrainians had intelligence links and suggested the money could be of dubious origin, while Ukraine’s foreign minister, Andrii Sybiha, accused Budapest of “taking hostages and stealing money”.
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Originally published on The Guardian World on 3/6/2026