Officials detained for selling bad gold
An official with Mongol Bank’s Economic Department and three officials from the Standardization Measurement Office have been detained since last week for their alleged roles in a gold scheme.
Sources say about 20 kg of gold was sold through Mongol Bank. But the gold did not meet international standards for quality, and the bank asked the Prosecutors’ Office to investigate the matter.
As a result of the investigation, the four officials were detained. The investigation is ongoing, and there are reports that high-ranking officials might be implicated, but investigators are refusing to discuss the case.
Sources say about 20 kg of gold was sold through Mongol Bank. But the gold did not meet international standards for quality, and the bank asked the Prosecutors’ Office to investigate the matter.
As a result of the investigation, the four officials were detained. The investigation is ongoing, and there are reports that high-ranking officials might be implicated, but investigators are refusing to discuss the case.
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