A final court ruling confirmed the confiscation of EUR 116,000 (BGN 227,000) in unlawfully acquired assets. This action, reported by the Commission for Illegal Asset Forfeiture (CIAF) on Friday, pertains to a complex criminal case involving the possession with intent to distribute high-risk narcotic substances in substantial quantities. The definitive ruling was issued by the Supreme Court of Cassation on April 17.
The legal proceedings originated from a notification filed by the Blagoevgrad Regional Prosecutor’s Office, which initiated pre-trial proceedings against an individual identified as K.N., known by the alias “Eypala.” The charges related to the illegal possession and intended distribution of narcotics. The scope of the forfeiture was upheld through multiple levels of judicial review. Following the initial proceedings, the confiscation order confirmed the state’s claim over several valuable assets.
These included two apartments located in Sandanski, one motor vehicle, various monetary funds, the value equivalent to a sold motor vehicle, three personal automobiles, and multiple deposits held in bank accounts. The ruling solidifies the state’s ability to seize assets linked to criminal activity. The final confirmation by the Supreme Court marks the conclusion of the legal process concerning these specific assets within the drug-related case, establishing a precedent for forfeiture procedures in Bulgaria.
Topics: #eur #assets #case
