Ulaanbaatar/MONTSAME/. The Intersessional meeting of the
United Nations Convention against Corruption to discuss the implementation of
the political declaration adopted during the special session of the UN General
Assembly held in Vienna, Austria on September 5-8. Per invitation from the
United Nations Office on Drugs and Crime, Mr. Azjargal, Deputy Commissioner
General of the IAAC, made a presentation online in the panel on ‘Asset Recover’.

Mr. Azjargal introduced the good practices and achievements
of Mongolia in recovering the proceeds of crime and stolen assets from foreign
countries, future policies, techniques of investigation, and exchanged
experiences. In this context, the member states praised Mongolia’s
anti-corruption activities while appreciating the achievements made in the
recovery of assets.

The IAAC intensified the recovery of stolen assets from
foreign countries and in 2021 recovered more than MNT 20 billion in damages
caused by crimes committed through offshore zones, and in 2022 recovered MNT
4,3 billion from bank accounts of offshore companies.


Source: IAAC