Hungary detains Ukrainian convoy carrying $82 million in cash and gold

From the Associated Press via NBC News, New York Friday, March 6, 2026 Hungarian authorities have detained seven Ukrainian citizens, including a former intelligence officer, and seized two armored cars carrying large amounts of cash across Hungary on suspicion of money laundering, officials said today. Ukraine accused Hungary of taking the Ukrainians hostage and illegally seizing millions of dollars in cash. ... Dispatch continues below ... ... ADVERTISEMENT ... Are you ready to safeguard your assets using precious metals? Hero Bullion is a precious metals dealer with an extensive inventory of competitively priced gold, silver, and platinum products. We didn't get into this business just to sell metals. Our goal is to educate investors to help them make sounder financial decisions. For four years we have focused on educational resources, competitive prices, and reliable, secure shipping. Check out our reviews. Hero Bullion is quickly becoming a favorite of customers all over the country. We're committed to helping you cut through the hype and build your portfolio with high-quality, affordable precious metals. Visit us here: www.herobullion.com Hero Bullion: Gold and silver simply delivered "This is state terrorism and racketeering," Ukraine's Foreign Minister Andrii Sybiha wrote on X late Thursday. The seven were employees of the Ukrainian state-owned Oschadbank, and they were traveling in two armored cars that were carrying the money between Austria and Ukraine when they were detained, Sybiha said. The armored cars were carrying cash as part of regular services between state banks, he said, adding that the status of the employees was unknown. In a separate statement, Oschadbank wrote that 40 million U.S. dollars as well as 35 million euros and 9 kilograms (19.8 pounds) of gold -- worth around $1.5 million at current prices -- had been apprehended by Hungary. Hungary's National Tax and Customs Administration confirmed to     day that it had detained seven Ukrainian citizens and seized the two armored cash-transport vehicles. It added it was conducting criminal proceedings on suspicion of money laundering. ... ... For the remainder of the report: https://www.nbcnews.com/world/ukraine/hungary-detains-ukrainians-carrying-82-million-cash-gold-kyiv-calls-ho-rcna262063 * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png