Oschadbank Employees Kidnapped, Valuables Seized in Hungary
On March 5, 2026, two Oschadbank cash-in-transit vehicles, accompanied by seven crew members, were unlawfully detained in Hungary while transporting foreign currency and precious metals between Raiffeisen Bank Austria and Oschadbank Ukraine. The vehicles, carrying $40 million USD, €35 million EUR, and 9 kg of gold, are confirmed to be near a Hungarian law enforcement facility in Budapest, though the whereabouts of the staff remain unknown. Oschadbank demands the immediate release of its employees and property, emphasizing that the shipment was conducted in compliance with international agreements and European customs procedures.
John Q. Hosedrinker