REGIONAL PROSECUTORS TO HAVE RIGHT TO CONFISCATE PROPERTY Pari - 2002/9/11
ON THE INITIATIVE of the regional prosecutor or when a signal has been sent to the interior ministry or the finance ministry, and when enough evidence has been collected, property exceeding BGN 30,000 can be confiscated if it is proved to have been acquired through criminal acts. This is envisaged in a draft presented at a round table of the Centre for Study of Democracy.
According to the draft, special proceedings should be launched and completed within a six-month term. The regional prosecutor should order the conducting of a financial audit by the State Internal Financial Control Agency.
The draft provides for confiscating property acquired through deals carried out after 1990. According to interior minister Georgi Petkanov, this is the time when the trend to acquiring resources and property through illegal actions is believed to have increased.