IAAC seizes a large amount of currency allegedly to be used for bribery
SocietyUlaanbaatar/MONTSAME/ The Independent Authority Against Corruption of Mongolia (IAAC) confiscated USD1.3 million in cash in a rental apartment, which was allegedly planned to give as a bribery to a high-level official.
According to E.Idertsog, head of the Investigation Department of IAAC, while investigating a possible bribery case regarding fraudulent conclusion of forensic analysis, the investigators detected a trace of another case, which was the the USD1.3 million case.
At the press conference on October 25,
IAAC denied some media’s report that the
USD1.3 million case is connected with the dispute of certain mineral resource’s
deposit, involving some officials as well as USD1.3 million was seized from
officials of legal organizations.
Spokesperson of the IAAC reported
press that it is legally banned to give detailed information as the
investigation is now under process. After completing the investigation and
resolving the case, relevant information will be provided.