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Orban Denies Giving Order for Hungary’s Seizure of Ukraine Gold, Cash Convoy

Bloomberg Markets Friday 09 October 2026, 13:56 UTC By Thomas Escritt 1 min read
Key Points

Hungary’s Ex-PM Orban Denies Role in Ukraine Money Convoy Raid Hungarian authorities that seized a Ukrainian gold convoy and briefly detained its escorts ahead of the election that unseated Viktor Orban acted on their own initiative, the former prime minister said, denying responsibility for the raid. The March incident, in which Hungarian anti-terror police descended on a routine consignment of cash and bullion in transit from Austria to stock Ukraine’s banking system, came near the end of...

Hungary’s Ex-PM Orban Denies Role in Ukraine Money Convoy Raid Hungarian authorities that seized a Ukrainian gold convoy and briefly detained its escorts ahead of the election that unseated Viktor Orban acted on their own initiative, the former prime minister said, denying responsibility for the raid. The March incident, in which Hungarian anti-terror police descended on a routine consignment of cash and bullion in transit from Austria to stock Ukraine’s banking system, came near the end of a campaign in which Orban cast Ukraine as a hostile power bent on roping Budapest into its war against Russia.
Orban (PERSON) Hungary (LOCATION) Seizure of Ukraine Gold (ORG) Ex-PM (PERSON) Hungarian (ORG) Ukrainian (ORG) Viktor Orban (PERSON) Austria (LOCATION) Ukraine (LOCATION) Budapest (LOCATION) Russia (LOCATION)
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