The Hungarian National Tax and Customs Administration (NAV) has suspended its investigation into a Ukrainian bank convoy transporting cash, concluding that no evidence of criminal activity was found.

The decision effectively closes a chapter on a case that had raised questions about the scrutiny of cross-border financial movements amid ongoing geopolitical tensions.

The probe had focused on a convoy of vehicles carrying banknotes, which authorities initially examined for potential violations of customs or anti-money laundering regulations.

According to reports from Telex, the tax authority determined that the transport was legitimate and lacked the hallmarks of illicit activity.

The suspension of the investigation signals a de-escalation in regulatory friction regarding financial logistics between Hungary and Ukraine.

This development follows earlier reporting from TASS regarding broader economic shifts in the region, including fluctuations in international reserves.