NACP removed the Hungarian OTR Bank from the list of international sponsors of the war
The National Agency for the Prevention of Corruption removed the Hungarian OTR Bank from the list of international sponsors of the war. NAZK reports this on Twitter.
The department's statement says that during the discussions that took place over the past few days with the participation of the European External Action Service, the bank made a number of commitments regarding its future plans on the Russian market.
According to NAZK, having fulfilled its part of the agreements, the department excluded the bank from the list of international sponsors of the war.
"NAZK expects that OTP Bank will comply with the reached agreement without delay," the message reads.
Hungary, on the other hand, stated that Ukraine's temporary exclusion of the Hungarian OTP Bank from the list of "international war sponsors" in an attempt to unblock EU military aid does not significantly change the situation.
We will remind you that Hungary is currently the biggest obstacle in the European Union's attempt to help Ukraine.
On May 4, the National Agency for the Prevention of Corruption (NACP) added the Hungarian OTP Bank to the list of international sponsors of the war. This decision was made due to the position of the bank's management to continue operations in Russia and the actual recognition of the so-called Donetsk and Luhansk "people's republics". After that, Hungary began to block tranches for Ukraine in exchange for the exclusion of OTP Bank from the list of war sponsors.
short version
Hungarian bank made reforms, so as to not do transactions helpful to the Russians. In exchange, Ukraine permitted the bank to be removed from the list of sponsors of Russian aggression, so that eu doors would be open for them. However, despite this bank being on the list being Orban’s stated reason for objecting to various aid to Ukraine, and both sides fulfilling their obligations in order for it to be removed, Hungary indicates that doesn’t change anything.