"65.5 million euros of confiscated and seized assets" - SPAK Report, record value in 2024
Around 65.5 million euros is the value of assets confiscated and sequestered by SPAK during 2024. According to the annual report of this institution, the value of confiscated assets reaches a figure of 36.8 million euros, while those seized are around 27.7 million euros. This is the value of confiscations and sequestrations within the framework of the Anti-Mafia Law, the Criminal Code and the Normative Act.
Of the total, about 56.2% are confiscations and 43.8% are seizures, the vast majority of which are processed under the Anti-Mafia Law and the Criminal Code.
The value of assets confiscated and sequestered by SPAK reached record figures last year. The data from the report shows that despite a decrease in the number of assets confiscated in 2024, the value is higher than in 2023. Specifically, the value of confiscated assets is 938 million lek from 440 million lek in 2023, and 27 million euros from about 18 million euros previously.
Meanwhile, the value of seized assets has also increased significantly. In 2024, there was a 47% increase in the value of these assets compared to 2023, meaning their value reached 2.8 billion lek from 1.9 billion lek in the previous year.
The Agency for the Administration of Confiscated and Sequestrated Assets recently published a catalog on the number of confiscated assets since 2022. Referring to the catalog, around 265 assets have been confiscated in total by 2024. Most of them are concentrated in Tirana and coastal cities, while the majority are apartments, residential buildings, or agricultural land, but there is also no shortage of hotels or other business units.
Poll
What is expected to happen with TikTok? - The US decision could bring similar measures to other countries
TikTok has returned to Apple and Google's app stores in the US weeks after President Donald Trump delayed a ban on the Chinese-owned app. Millions of US......
The first residents of "Durana Tech Park" are certified - Rama: We aim for over 5 thousand jobs for technology experts
This Wednesday, the event for the delivery of certificates to the first residents of Durana Tech Park, a space that will be the center of technological......
Smuggling goods at the border, 127 cases caught - Controls increased. Which are the "hottest" customs points?
Businesses and citizens who attempt to smuggle goods through customs points are targeted by the customs administration, and this is confirmed by the......
OSCE/ODIHR begins monitoring of May 11 elections - Ambassador Zannier: There will be 26 short-term and 300 long-term observers
The OSCE/ODIHR has launched its mission for the May 11 parliamentary elections in Albania, where it will deploy 26 long-term observers and 300 others for a......
Europeans, with travel permits to Britain - Visitors must pay a 10 pound fee to enter the island
European visitors to Britain will have to purchase an electronic travel permit starting April 2. The UK's move follows the example of other countries in......
Trump "prepares" reciprocal tariffs - The decision is expected to escalate global trade tensions
United States President Donald Trump will impose new, sweeping reciprocal tariffs on global trading partners on Wednesday, driving up costs and likely......
Production of ballots for the diaspora begins - Celibashi: The electoral envelope will be sent personally to voters
For all voters from abroad who have registered to vote on May 11, the Chief Commissioner of the Central Election Commission, Ilirjan Celibashi, emphasized......
Albanians wear counterfeit "Armani" and "Prada" - Customs remove about 41 thousand copied clothes from circulation
It is no surprise to anyone in Albania to see citizens on the streets wearing luxury clothing brands that cost hundreds of thousands of euros, even though......
