Criminal case initiated on deliberate bankruptcy, forgery of documents and abuse of authority The State Interests Protection Department of the RA General Prosecutor’s Office has initiated a criminal case on deliberate bankruptcy, forgery of documents and abuse of authority by the employee of an organization. By investigating the materials received from the Control Service of the President of RA it has turned out that since February 2005 the RA Economic Court conducted the hearing of the action brought by the State Revenue Service of the RA to exact 206.6 million drams from the head of “Gemos” Ltd. By the verdict of Court issued on May 17, 2006 the company’s tax obligation was 184.701.600 drams. F. Galstyan by foreseeing the circumstance that the Court would state tax obligation for the company came to a prior agreement with his son V. Galstyan, the head and the entrepreneur of “Salutifer” Ltd. as well as the participant of the “Gemos” Ltd and used evidently false documents. In particular on August 2005 he concluded a false purchase-sale agreement between “Salutifer” Ltd and “Gemos” Ltd according to which the building with the surface of 2697.9 square meters in Hankavan village of Kotayk region owned by “Gemos” Ltd bought from the RA Ministry of State Property Management by 27.645.000 drams, on April 12, 2000 was alienated to “Salutifer” Ltd by 100.000 drams. Thus by the support of V. Galstyan the bankruptcy indications of the company were deliberately increased causing 27.545.000 drams of damage to the State. H. Gharibyan the manager on bankruptcy of the “Gemos” Ltd, being informed about the above-mentioned purchase-sale agreement, didn’t apply to the Court within a year after the verdict of the RA Economic Court issued on October 13, 2006 declaring “Gemos” Ltd bankrupt with the demand to annul the purchase-sale agreement which decreased the assets of the company and was unprofitable for it. A criminal case has been initiated according to the RA Criminal Code Articles 193, 38-193, 325 and 214, parts 2. The criminal case has been sent to the RA Police Investigation General Department to carry out the preliminary investigation of the case.