A final court ruling has confirmed the confiscation of EUR 116,000 (equivalent to BGN 227,000) in unlawfully acquired assets, according to the Commission for Illegal Asset Forfeiture (CIAF). The forfeiture is linked to a criminal case involving the possession with intent to distribute high-risk narcotic substances in particularly large quantities. The Supreme Court of Cassation issued this final ruling on April 17.
The legal proceedings were initially prompted by a notification from the Blagoevgrad Regional Prosecutor’s Office. These actions targeted an individual identified as K.N., known by the nickname “Eypala,” concerning the alleged offense. The initial regional court decision was subsequently upheld through two subsequent appeals, solidifying the state’s claim to the seized property.
The confirmed forfeiture order encompassed a wide range of items. These include two apartments located in Sandanski, multiple motor vehicles, and significant monetary funds. Furthermore, the confiscation covered funds derived from the sale of a motor vehicle, three additional vehicles owned by the investigated party, and various sums held in bank accounts.
The ruling confirms the state’s right to these assets, stemming from the illegal activities detailed in the case. The final judgment represents a significant action by the CIAF in combating illicit financial gains associated with narcotics trafficking.
Topics: #eur #assets #case
