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Europe Live Wednesday 22nd May 2013

The Bulgarian Parliament adopts a law on the confiscation of criminal assets

7th May 2012

On 3rd May the Bulgarian Parliament adopted the draft law on the confiscation of criminal assets enabling the punishment of unexplained wealth. This legislative initiative that was debated and approved in five plenary sessions was highly recommended by the European Commission. This law bears witness to Bulgaria's will to improve its legal system, notably in terms of corruption and organised crime. This law is due to enter into force in six months time.

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