Romanian Govt Approves Act Introducing Extended Confiscation Of Wealth - financiare.ro
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News » July, 2011 » 6 July 2011

Romanian Govt Approves Act Introducing Extended Confiscation Of Wealth
06.07.2011, 19:13 | Actuality | 1051 views



Romania's Government has approved a bill introducing extended confiscation, an act that will be sent to the Parliament for adoption.

The act amends the current Criminal Code, to provide a legal framework for extended confiscation, Prime Minister Emil Boc said after the Government's meeting on Wednesday.

According to the prime minister, a person convicted of a crime and sentenced to more than five years in prison will have to prove that their property has been obtained legally. The act allows authorities to seize the assets whose licit origin is not proven.

Read more on Mediafax.ro




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