A final court ruling has confirmed the forfeiture of EUR 116,000 (BGN 227,000) in unlawfully acquired assets, according to the Commission for Illegal Asset Forfeiture (CIAF). The forfeiture stems from a significant case involving the possession of high-risk narcotic substances in particularly large quantities. The Supreme Court of Cassation issued the definitive ruling on April 17.
The proceedings were initiated following a notification from the Blagoevgrad Regional Prosecutor’s Office concerning pre-trial proceedings against an individual identified as K.N., known by the nickname “Eypala.” The charges related to the illegal possession with intent to distribute narcotics. The initial decision rendered by the regional court was subsequently upheld through two subsequent appeals. As part of the confiscation, the court ordered the state to take possession of various items and funds.
These included two apartments located in Sandanski, one motor vehicle, monetary funds, the equivalent value derived from a sold motor vehicle, three additional cars owned by the person under investigation, and various sums deposited in bank accounts. The confirmation of these assets represents the conclusion of the legal process regarding the illicitly obtained wealth connected to the narcotics distribution allegations. The ruling solidifies the seizure of these substantial assets, totaling the specified EUR amount, thereby concluding the investigative phase of this complex criminal case.
Topics: #eur #assets #case
