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Zelenskiy accuses Budapest of "banditry" over detained Ukrainians

Published by Global Banking & Finance Review

Posted on March 10, 2026

1 min read

· Last updated: April 1, 2026

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Zelenskiy accuses Budapest of "banditry" over detained Ukrainians
Finance Banking Geopolitics Eastern Europe
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KYIV, March 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy accused Budapest of "banditry" on Tuesday over its seizure of a Ukrainian bank transport carrying tens of millions of dollars worth

Zelenskiy Accuses Budapest of 'Banditry' Over Ukrainian Bank Seizure

Ukrainian President Responds to Seizure Incident

Details of the Seizure

KYIV, March 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy accused Budapest of "banditry" on Tuesday over its seizure of a Ukrainian bank transport carrying tens of millions of dollars worth of cash and gold, and the temporary detention of its Ukrainian crew.

Zelenskiy's Appeal to European Leaders

In comments to reporters on WhatsApp, Zelenskiy said he had urged European leaders not to stay silent about Budapest's actions.

Reporting and Editorial Credits

(Reporting by Yuliia Dysa, writing by Max Hunder, Editing by Alexandra Hudson)

Key Takeaways

  • Zelenskiy accused Hungary of “state banditry” after the seizure of Ukrainian cash and gold convoy by Hungarian authorities amid an alleged money‑laundering investigation (apnews.com)
  • Hungary detained seven employees of Ukraine’s Oschadbank, including a former intelligence general, and seized $40 million, €35 million, and 9 kg of gold during a routine transfer between Austria and Ukraine (apnews.com)
  • Prime Minister Orbán signed a decree on March 9–10 authorizing Hungarian tax authorities to hold the assets for up to 60 days while investigating the origin and intended use of the funds, prompting Kyiv to decry the move as politically motivated state theft (apnews.com)

References

Frequently Asked Questions

What did Hungary do to provoke Ukraine's response?
Hungary seized a Ukrainian bank transport carrying cash and gold, temporarily detaining its Ukrainian crew.
How did Zelenskiy respond to Budapest's actions?
President Zelenskiy accused Budapest of 'banditry' and urged European leaders to address Hungary's actions.
What was being transported by the seized Ukrainian bank vehicle?
The transport was carrying tens of millions of dollars in cash and gold.
Where did Zelenskiy make his comments about Hungary's actions?
He made comments to reporters via WhatsApp.
What has Zelenskiy urged European leaders to do?
He called on European leaders not to remain silent about Hungary's actions.

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