Lithuania's President envisions larger role of notaries in the fight against unlawful enrichment

According to the draft legislation, loans exceeding 50 thousand litas should be notarized. At present, the notarization of loans among private persons is not necessary. The law enforcement officials claim that fake debt loans are most popular means of justification of unlawful enrichment. The President also aims to introduce the mandatory notarization of buying and sale of shares and signing the bills, when value of such transactions exceed 50 thousand litas.

The fight agains unlawful enrichment has intensified in Lithuania 2010, following President's initiative and legislation amendments in the Penal Code. Hundreds of investigations have been opened into cases of unlawful enrichment since then.