A final ruling from the Supreme Court of Cassation confirmed the confiscation of substantial assets totaling EUR 116,000 (equivalent to BGN 227,000). The forfeiture was ordered by the Commission for Illegal Asset Forfeiture (CIAF) in connection with a significant criminal case involving the possession with intent to distribute high-risk narcotic substances in particularly large quantities. The final judgment was issued by the Supreme Court on April 17.
The legal proceedings originated following a notification from the Blagoevgrad Regional Prosecutor’s Office, which initiated pretrial proceedings against an individual identified as K.N., known by the nickname “Eypala.” The charges related to the illegal possession and intended distribution of controlled narcotics. The initial decision rendered by the regional court was subsequently upheld through two levels of appeal. The confirmed confiscation included various types of assets seized by the state.
These assets comprised two apartments located in Sandanski, one motor vehicle, monetary funds, the value equivalent to a sold motor vehicle, three other vehicles owned by the person under investigation, and sums deposited in various bank accounts. The confirmation of these assets underscores the court’s finding of illicit gains stemming from the drug trafficking case. The final ruling solidifies the forfeiture of these substantial assets, ensuring that the proceeds derived from the illegal activity are recovered by the state.
Topics: #eur #assets #case
