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Ukraine Demands Return of Seized Assets from Hungary
Ukrainian Foreign Minister Andriy Sybiha has demanded Hungary return assets seized from Oschadbank, following a controversial incident involving armored cash transport vehicles.
Photo: Ukrinform UA
On March 6, 2026, the Hungarian authorities detained seven Ukrainian cash transport workers employed by Oschadbank during a routine transit operation from Austria to Ukraine. The bank employees were reportedly transporting cash and precious metals when Hungarian law enforcement confiscated their vehicles, accusing them of money laundering.

Foreign Minister Andriy Sybiha stated this incident marks an unprecedented act of 'state banditry' and called for immediate restitution of the seized property, which he emphasized rightfully belongs to Ukrainian taxpayers. The Hungarian tax authority confirmed the detention and began criminal proceedings against the cash transport team.
Sybiha took to social media to urge both Hungary and European partners to respond to this violation of international law. He criticized Hungary's actions, claiming that there was no legal basis for the seizure and detention of Oschadbank's employees.
On the same day of the incident, the ministry issued a travel advisory recommending Ukrainian citizens avoid entering Hungary. In response to the escalating situation, the National Bank of Ukraine dispatched officials to clarify the status of the detained personnel and properties.
Meanwhile, government spokesperson Zoltan Kovacs stated that the Ukrainian cash transporters would be expelled from Hungary, further complicating diplomatic relations between the two nations. Following negotiations, the Ukrainian Foreign Ministry reported success in securing the release of the detained workers later that day; they have since returned to Ukraine.
The Ukrainian government’s response reflects its growing concern about legal protections for its citizens abroad, as well as the need for solidarity from European allies amid ongoing tensions in the region. The incident has provoked widespread outrage in Ukraine and prompted calls for coordinated international backlash against Hungary’s actions.
As diplomatic discussions continue, the potential ramifications for Ukraine-Hungary relations remain uncertain, underscoring a critical moment for Kyiv in securing its national interests.
Source: Ukrinform UA Ukrinform UA