Members of Parliament have approved the confiscation of assets obtained through criminal activity, even when such assets are held or possessed by third parties acting in bad faith. The amendment to the Penal Code was adopted at its second and final reading. Under the new provisions, the state may seize assets if they are held by a spouse, a person in a de facto relationship with the offender, or any direct or collateral relative.
Additionally, Parliament has approved changes to the Criminal Procedure Code, allowing prosecutors to extend the investigation period to 12 months in complex cases. If this proves insufficient, the investigation may be extended by a further 6 months. Opposition parties have objected to the extension of these time limits.
Editor: Ivo Ivanov
Posted in English by E. Radkova
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Partly Cloudy
Cloudy
Mostly Cloudy