A final court ruling has confirmed the confiscation of EUR 116,000 (equivalent to BGN 227,000) in unlawfully acquired assets. This action, reported by the Commission for Illegal Asset Forfeiture (CIAF) on Friday, concludes proceedings stemming from a major case involving the possession with intent to distribute high-risk narcotic substances in substantial quantities. The final judgment was issued by the Supreme Court of Cassation on April 17.
The legal proceedings were initiated following a notification from the Blagoevgrad Regional Prosecutor’s Office, which filed charges against an individual identified as K.N., known by the nickname “Eypala,” related to the narcotics offense. The initial decision rendered by the regional court was subsequently upheld by two subsequent appellate instances. The resulting confiscation order mandated the forfeiture of significant assets to the state.
These seized items included two apartments located in Sandanski, a motor vehicle, various monetary funds—including proceeds derived from the sale of another motor vehicle—three additional vehicles owned by the investigated party, and substantial sums deposited across multiple bank accounts. The ruling solidifies the state’s claim over the assets linked to the illegal drug distribution case. The confirmation by the Supreme Court marks the conclusion of the forfeiture process for these specific funds and properties.
Topics: #eur #assets #case
The court’s final decision confirms the forfeiture of assets connected to the drug distribution investigation.