Hungary's National Tax and Customs Administration (NAV) has closed a money laundering investigation involving Ukrainian cash couriers from Oschadbank due to a lack of evidence of a crime.
Lawyer Dr. Lorant Horvath, who represents Oschadbank, said this on Wednesday, Ukrinform reports, citing Telex.
According to the NAV, the cash and gold of unknown origin mentioned in the complaint, as well as the banknotes and gold seized during the inspection can be traced back to an interbank transaction between Raiffeisen Bank and Oschadbank.
In addition, Raiffeisen Bank International AG has provided documentation verifying the origin of the banknotes and the precious metals which had been sold and were being transported, as well as the payment of the purchase price by Oschadbank.
The criminal investigation has confirmed that the banknotes and the gold had not been obtained through criminal activity, and there was no doubt as to the lawful origin and source of the assets.
