A final ruling from the Supreme Court of Cassation confirmed the confiscation of EUR 116,000 (equivalent to BGN 227,000) in unlawfully acquired assets. This action was reported by the Commission for Illegal Asset Forfeiture (CIAF) on Friday, stemming from a complex legal case involving allegations of possessing high-risk narcotic substances with intent to distribute in large quantities. The definitive ruling was issued by the Supreme Court on April 17.
The legal proceedings were initiated following a notification from the Blagoevgrad Regional Prosecutor’s Office concerning pretrial proceedings against an individual identified as K.N., known by the nickname “Eypala.” The charges related to the possession and distribution of controlled narcotics. The initial decision rendered by the regional court was subsequently upheld through two further instances of judicial review. As part of the forfeiture, the court ordered the seizure of substantial assets in favor of the state.
These confiscated items include two apartments located in Sandanski, a motor vehicle, and various monetary funds. Furthermore, the assets included the equivalent value of a sold motor vehicle, three additional vehicles owned by the person under investigation, and deposits held in various bank accounts. The final ruling solidified the forfeiture of these considerable assets linked to the narcotics case.
Topics: #eur #assets #case
