A final court ruling confirmed the confiscation of EUR 116,000 (BGN 227,000) in unlawfully acquired assets, according to the Commission for Illegal Asset Forfeiture (CIAF) on Friday. The forfeiture is linked to a case involving the possession with intent to distribute high-risk narcotic substances in substantial quantities. The Supreme Court of Cassation issued the final ruling on April 17.
The proceedings began after the Blagoevgrad Regional Prosecutor’s Office initiated pretrial actions against an individual identified as K.N., known by the nickname “Eypala,” concerning the alleged offense. The regional court’s decision was subsequently upheld by two subsequent appeals. The final confiscation order resulted in the state acquiring several items.
These include two apartments located in Sandanski, one motor vehicle, monetary funds, the equivalent value of a sold motor vehicle, three vehicles registered to the person under investigation, and various sums held in bank accounts. The total value of the forfeited assets amounted to EUR 116,000. The case underscores the legal process used to reclaim assets linked to illicit activities.
The final ruling confirms the forfeiture of these funds and property to the state, following the investigation into the possession and distribution of controlled substances.
Topics: #eur #assets #case
A final court ruling confirmed the confiscation of EUR 116,000 (BGN 227,000) in assets deemed unlawfully acquired. According to the Commission for Illegal Asset Forfeiture (CIAF), the forfeiture was f