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Hungary moves to legalize seizure of Ukrainian bank cash convoy – POLITICO

By staffMarch 9, 20262 Mins Read
Hungary moves to legalize seizure of Ukrainian bank cash convoy – POLITICO
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According to Hungarian outlet Telex, lawmakers plan to debate the legislation under an unusual fast-track procedure after the parliament’s national security committee met Monday.

Hungarian authorities say they are examining whether the convoy — stopped while transiting the country last week — posed national security risks. They are also investigating the origin and intended use of the money.

Hungarian officials insist key questions about the convoy remain unresolved. Fidesz parliamentary leader Kocsis described the episode as a “scandalous Ukrainian gold convoy” and said investigators are examining whether the transport of such large quantities of cash and bullion could pose security risks to Hungary.

Ukraine’s foreign minister, Andrii Sybiha, slammed the move on X, accusing Budapest of trying to retroactively legitimize an illegal seizure. “Hungary is falling down a spiral of lawlessness,” Sybiha wrote, calling the bill “a de facto recognition that Hungary’s actions lack any legal grounds.”

The clash is the latest flare-up in a long-running feud between Kyiv and Budapest. Prime Minister Viktor Orbán has repeatedly butted heads with Ukraine over energy flows through the Druzhba pipeline, opposed Kyiv’s bid to join the European Union and blocked major EU financial support packages — including a €90 billion lifeline intended to keep Ukraine’s government functioning during the country’s war with Russia.

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