Without prejudice to the rights of bona fide third parties a person convicted of the offence of money laundering shall in addition to the punishment prescribed, be liable to confiscation of property which is the subject matter of the offence, or any other property owned by him or by his spouse or his minor children, equivalent in value to the property which is subject matter of the offence.

The Court shall order the confiscation of such property on the extinction of the criminal proceedings due to the death of the accused provided that his heirs are unable to establish the lawful source thereof.