Sekvestrointi

Sekvestrointi is a Finnish term referring to the confiscation or sequestration of assets. In a legal context, it is often used to describe the seizure of property or funds by a state authority. This can occur for various reasons, including as a penalty for criminal activity, to satisfy debts, or as part of bankruptcy proceedings. The term implies a forceful taking of property, removing it from the owner's control.

The process of sekvestrointi is typically governed by specific laws and regulations within Finland. The authorities involved in carrying out such actions usually include the police, customs, or the enforcement authority. Once assets are sequestered, they are held by the state and may be disposed of according to legal procedures, such as auctioning them off or transferring them to creditors. The underlying principle is to deprive individuals or entities of assets that are deemed to be unlawfully obtained, owed, or otherwise subject to legal claim.

The application of sekvestrointi can have significant financial and personal consequences for the individuals or companies affected. It serves as a legal tool to uphold the rule of law and ensure that financial obligations and penalties are met. The specific procedures and grounds for sekvestrointi are detailed in Finnish legal codes, such as the Criminal Procedure Act and the Enforcement Code.