NBU governor calls for EU probe into asset seizure

NBU governor calls for EU probe into asset seizure – Central Banking

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State-owned bank’s staff now released from custody, but assets remain in Hungary


Andriy Pyshnyy, National Bank of Ukraine

Andriy Pyshnyy, National Bank of Ukraine

The National Bank of Ukraine (NBU) has called on its “European partners” to investigate why the Hungarian authorities detained seven employees of Oschadbank and seized $40 million of assets that the Ukrainian state-owned lender was transporting by land from Austria to Ukraine.

The NBU governor Andriy Pyshnyy wrote on Facebook on March 8 that he was calling on “the leadership of the European Central Bank, the Central Bank of Austria [and] the European Commission’s Directorate-General for

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