1 IMF WARNS OVER DEBT, DEFICITS IF MONGOLIA SPENDS MINING WINDFALL WWW.BLOOMBERG.COM PUBLISHED:2026/10/12      2 MONGOLIA’S ANNUAL INFLATION RATE REACHES 12.9% IN SEPTEMBER WWW.MONTSAME.MN PUBLISHED:2026/10/12      3 PM URGES COPPER SMELTER ACCELERATION WWW.MONTSAME.MN PUBLISHED:2026/10/12      4 MONGOLIA'S EXPORTS SURPASS USD 16 BILLION IN FIRST NINE MONTHS WWW.MONTSAME.MN PUBLISHED:2026/10/12      5 INFRASTRUCTURE FOR MINING-METALLURGICAL-CHEMICAL COMPLEX REACHES 70 PERCENT COMPLETION WWW.MONTSAME.MN PUBLISHED:2026/10/12      6 MONGOLIA OPENS 127-KILOMETER RAILWAY TO BYPASS CAPITAL WWW.MONTSAME.MN PUBLISHED:2026/10/12      7 MONGOLIA’S FIRST ORGANIC LIVESTOCK FEED PLANT EXPANDS PRODUCTION TENFOLD WWW.MONTSAME.MN PUBLISHED:2026/10/12      8 MONGOLIA 'BB-' LONG-TERM RATING AFFIRMED; OUTLOOK STABLE WWW.MONTSAME.MN PUBLISHED:2026/10/11      9 INSIDE THE LUXURY RESORT MONGOLIA’S FUEL CRISIS NEVER REACHED WWW.INTPOLICYDIGEST.ORG PUBLISHED:2026/10/11      10 WORLD'S MOST EXPENSIVE MONGOLIAN FALCON SELLS FOR RECORD SR1.4 MILLION AT SAUDI AUCTION WWW.GULFNEWS.COM PUBLISHED:2026/10/11      ГАДААДЫН БАНКНЫ ОРОЛЦООГ ДЭМЖИХ ЭРХ ЗҮЙН ОРЧНЫГ БОЛОВСРОНГУЙ БОЛГОНО WWW.GOGO.MN НИЙТЭЛСЭН:2026/10/12     ХӨРӨНГИЙН ЗАХ ЗЭЭЛИЙН ҮНЭЛГЭЭ 17.08 ИХ НАЯД ТӨГРӨГ БОЛЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/10/12     "ИРЭХ ДОЛОО ХОНОГИЙН ЭХЭН ГЭХЭД ШАТАХУУН БОРЛУУЛЖ БУЙ ШТС-УУД, ГАДААХ ДАРААЛЛЫГ НЬ БОДИТ ЦАГИЙН ГОРИМООР ХАРУУЛДАГ БОЛНО WWW.IKON.MN НИЙТЭЛСЭН:2026/10/12     ХАТАНБААТАРЫН ГЭГДЭЖ БАЙСАН ЭЛЭГ СУДЛАЛЫН ТӨВИЙГ ИРЭХ САРЫН 1-НЭЭС ХҮҮХДИЙН ЭМНЭЛЭГ БОЛГОНО WWW.IKON.MN НИЙТЭЛСЭН:2026/10/12     НӨМРӨГИЙН ДАРХАН ЦААЗАТ ГАЗРЫН 80 ХУВЬ ТҮЙМЭРТ ӨРТЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/10/12     АҮЭБЯ: ЭНЭ САРД ШАТАХУУНЫ ҮНЭ ТОНН ТУТАМДАА 190 АМ.ДОЛЛАРООР НЭМЭГДЭЖ ИРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2026/10/12     ГАЗРЫН ТОС БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТ 60 ХУВЬД ХҮРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/10/12     ЭКСПОРТ 51.2 ХУВИАР НЭМЭГДЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/10/11     БЕНЗИНИЙ ҮНИЙН ӨСӨЛТӨӨС ХАМААРЧ ИНФЛЯЦ 12.9 ХУВЬД ХҮРЛЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/10/11     Н.УЧРАЛ: БИДНИЙ СОНГОСОН ЗАМ ЗӨВ ГЭДГИЙГ ОЛОН УЛСЫН БАЙГУУЛЛАГУУД БАТАЛЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/10/11    
Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

MNT 60 billion sell-off case to be reinvestigated www.zgm.mn

Independent Agency Against Corruption (IAAC) held its monthly meeting yesterday and presented the progress of some notorious cases involving Parliament Members, including the Small and Medium-sized Enterprise Development Fund (SMEDF) and MNT 60 billion sell-off of public service positions.

Regarding the SMEDF scandal, the IAAC confirmed that several high-profile officials have issued over MNT 100 billion through affiliated people and entities; however, due to the scale of these cases, the IAAC announced that they are unable to disclose the number of people involved as the investigation requires more time. The IAAC also informed that the agency has issued a request to suspend the rights of three Parliament members over the SMEDF scandal, which is currently under review by the Prosecutor, and refused to reveal the names of these MPs.

Moving on to the case involving the Development Bank of Mongolia, the IAAC noted that they have finished investigating around 20 relevant cases, which are now being settled at the court.

The IAAC authorities then commented on the bribery case involving special permission of Salkhit silver deposit, disclosing that an investigation is being conducted on USD 1.3 million worth potential bribery that entail high-profile Government official; thus, the people involved has been detained until further findings.

Since the last monthly meeting, the IAAC opened a new case on officials responsible for air pollution reduction actions, specifically the Clean Air Fund. Due to the fact that the case was recently opened, the IAAC officials refused to disclose any further and stated to give details at the next month’s meeting.

During the Parliamentary election of 2016, a voice recording of three high-profile officials of the Mongolian People’s Party went viral on social media. In the recordings, more than 8,000 jobs in Mongolia’s government and state-owned enterprises were being offered by the MPP. The IAAC initially dropped the case due to lack of evidence; however, the case was reopened after a new situation was emerged earlier this year. Yesterday, the IAAC announced that the General Intelligence Agency has confirmed the authenticity of the recordings; thus, investigation has begun on the implementation of the sell-off.

Additionally, the IAAC presented the results of corruption studies, in which the judiciary was ranked number one on corrupted institution list. The list is as follows:

1.Judiciary

2. Land Department

3. Medical institutions

4. Ministries and Government agencies

5. Education institutions.



Published Date:2018-12-27