Oschadbank

Overpriced procurements, offshore companies

In 2018, the Kyiv prosecutor's office opened a criminal case against officials of Oschadbank: from 2014 to 2017, the bank purchased computer equipment at prices 25–30% above market value — totaling over 550 million UAH. The received funds were partly transferred to accounts of offshore companies and converted into cash. Separately, the Security Service of Ukraine and prosecutor's office exposed a top bank manager for embezzling 16.7 million UAH.

Scandal in Hungary

In March 2026, Hungary's anti-terrorism unit TEK stopped two Oschadbank armored cars on the M5 highway that were transporting $40 million, €35 million, and 9 kg of gold from Austria to Ukraine. The Hungarian tax administration NAV opened a criminal case on suspicion of money laundering; among the detained was a former major general of the Ukrainian special service. NAV published a video in which, according to their version, the transport manager falsifies documents, and the cash couriers discuss "corruption money." Oschadbank declared the video was falsified — the footage was taken in 2025 due to a printer malfunction in the vehicle. Hungary's ruling party Fidesz initiated a bill to confiscate the bank's assets.