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Hungary intensifies diplomatic rift with Ukraine after seizing armoured vehicles carrying €35 million and $40 million in a money-laundering

Hungary intensifies diplomatic rift with Ukraine after seizing armoured vehicles carrying €35 million and $40 million in a money-laundering

The ongoing diplomatic rift between Hungary and Ukraine has intensified following the seizure of two Ukrainian armoured bank vehicles by Hungarian authorities. The convoy, carrying a staggering €35 million and $40 million along with 9 kilograms of gold, has been the focus of a money-laundering investigation initiated by Hungary's national tax and customs administration. Seven Ukrainians accompanying the convoy were arrested, leading to accusations from Ukraine's foreign minister, Andrii Sybiha, who condemned the actions as both "hostage-taking" and "theft." This incident marks a significant escalation in the fraught relationship between Kyiv and Budapest, with context rooted in historical grievances and... [Continue Reading]

360LiveNews 360LiveNews | 06 Mar 2026 17:13
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