Hungary’s Fidesz drafts bill to allow tax authority hold onto seized Ukrainian cash and gold

Source: Reuters (via feed)




Hungary’s ruling Fidesz party has proposed that authorities retain cash and gold seized last week from two Ukrainian bank vehicles. The assets are to be held for two months pending an investigation. Ukraine has described the seizure as theft.

BizTrendWire Insight:

The proposed legislation addresses the temporary retention of seized foreign assets during official investigations.


Read full story on Reuters

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