YEREVAN. – Armenian businesswoman Silva Hambardzumyan had a financial commitment toward a bank, and the court ruled in favor of the bank by setting a 40-million-dram (approx. $96,162) lien on the property she owns, Hraparak daily reported.

“Subsequently, this property was auctioned off, but the business lady decided to ‘cheat’ the state. She forged the auction documents, whose appearance gave rise to suspicion by the CESJO [i.e., the Compulsory Enforcement Service of Judicial Orders] staff members, and [therefore] the chief enforcement officer sent the documents to the Investigation Committee.

“If the evidence of fraud is confirmed, Ms. Hambardzumyan will be brought to criminal account.

“Incidentally, according to the news we have received, the ‘buyer’ of the auctioned property is a relative of the businesswoman,” Hraparak wrote.