Ukraine has accused Hungary of "state banditism" after Hungarian authorities detained seven Ukrainian bank employees on money laundering allegations, with Budapest provocatively labeling the group a "Ukrainian gold convoy" in what Kyiv characterizes as political harassment.
The seven employees of Ukrainian state-owned banks were detained at Budapest airport on Wednesday while transiting through Hungary on legitimate business travel, according to Ukrainian officials. Hungarian prosecutors allege the group was involved in transferring large sums of currency, though Ukrainian authorities insist all transactions were legal banking operations conducted within international financial regulations.
"This is not law enforcement—it is weaponization of the justice system for political purposes," Ukrainian Foreign Ministry spokesperson Oleh Nikolenko stated. "Calling legitimate bank employees a 'gold convoy' is designed to create a criminal narrative where none exists."
The detention comes amid escalating tensions between Kyiv and Budapest, with Hungary consistently blocking or delaying EU financial and military assistance to Ukraine. Hungarian Prime Minister Viktor Orban has maintained closer ties with Moscow than any other EU leader, repeatedly criticizing European sanctions against Russia and opposing military aid to Ukraine.
Ukrainian banking officials explained that the detained employees were conducting routine international operations related to correspondent banking relationships and currency operations necessitated by wartime financial management. " banking sector operates under intense scrutiny from international financial institutions and complies fully with anti-money laundering regulations," said , head of Ukraine's banking association.





