Hungarian PM launches probe into 'gold convoy' scandal under Orbn
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9 days · 3 summary articles
Hungarian PM launches probe into 'gold convoy' scandal under Orbn
Hungarys anti-graft chief charged with corruption as Budapest faces insolvency
Hungarys anti-corruption watchdog demands criminal probes into Orbn-era officials over EU fund embezzlement
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Hungarian Prime Minister Péter Magyar ordered an immediate internal investigation on Wednesday into the March seizure of Ukrainian cash-in-transit funds and Oschadbank vehicles in Hungary, a case that has strained bilateral relations and become known as the “gold convoy” scandal. The probe targets state bodies under former premier Viktor Orbán, whose government detained the Ukrainian transport and personnel, sparking diplomatic friction. “An immediate internal investigation has been ordered into the government agencies implicated in the so-called ‘gold convoy’ scandal,” Magyar announced, according to the Kyiv Independent .
The controversy centres on the March detention of Ukrainian cash-in-transit staff and Oschadbank vehicles in Hungary, an incident that Ukrainian and international outlets have described as a seizure of state funds. Ukrainian Prime Minister Denys Shmyhal raised the matter with the European Commission, while Kyiv’s foreign ministry summoned Hungary’s ambassador to explain the actions of Hungarian authorities. Hungarian and Ukrainian media reported that the vehicles were transporting cash and financial documents, prompting accusations that Budapest had overreached in its enforcement of sanctions and financial regulations.
Magyar’s move follows his broader anti-corruption agenda, which includes plans to establish a new national authority to scrutinise transfers of public assets into private hands. The prime minister has positioned the investigation as part of a crackdown on abuse of public funds and state institutions, a signature policy of his Tisza party. On the same day, Magyar appointed Péter Buda, a former counter-intelligence officer and vocal critic of Orbán, to coordinate intelligence services, signalling a purge of Orbán-era figures from key security posts .
Orbán, who stepped down after the 2026 election, has faced mounting criticism over the episode. Business figures such as László Bige, owner of the nitrogen fertiliser company Nitrogénművek, have accused Orbán’s government of using state bodies to pressure private enterprises. Orbán responded on Wednesday, acknowledging the difficulties faced by oligarchs under his rule, a remark widely interpreted as a rare public concession to critics .
The investigation comes as Budapest seeks to repair ties with Kyiv and Brussels, where the case has fuelled concerns about Hungary’s selective enforcement of EU sanctions and financial transparency. Ukrainian outlets reported that the European Commission has taken note of the incident, while Hungarian officials have pledged full cooperation with any EU-level review. With the probe now underway, the government’s findings are expected to shape the trajectory of Hungary-Ukraine relations and Magyar’s anti-corruption credentials ahead of next year’s municipal elections.
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Articles
Hungarys PM: investigation launched into seizure of Oschadbank funds under Orbán An investigation has been launched in Hungary into the actions of state bodies regarding the seizure of Ukrainian
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