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Hungary probes bank staff for money laundering as oil rift grows

Hungarian authorities launched a money laundering investigation against seven detained Ukrainian citizens after seizing armored vehicles carrying 75 million euros in assets.The group includes a former intelligence officer and employees of Oschadbank who were transporting cash and gold between Austria and Ukraine when they were stopped.Kyiv issued a formal travel warning for its citizens after Prime Minister Viktor Orban labeled Ukraine an enemy and blocked a 90 billion euro EU loan package.Budapest maintains that the asset seizure and trade blockade are necessary countermeasures until Russian oil flows resume through the Druzhba pipeline system.
Published:15h |Updated:8h
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