3,449.00
All investigation
into charges against Anod Bank directors causing financial loss to 1,200 people
by selling them counterfeit shares has been concluded and the matter was
transferred to Ulaanbaatar Prosecutors Office on May 24. The former Executive
Director of the Bank, L.Ulambayar, is free on bail and the Chief of the
Representatives Managing Council, N.Enkhtur, and two of its members, N.Davaa
and E.Gur-Aranz, are in jail for misappropriating bank funds and violating
laws.
into charges against Anod Bank directors causing financial loss to 1,200 people
by selling them counterfeit shares has been concluded and the matter was
transferred to Ulaanbaatar Prosecutors Office on May 24. The former Executive
Director of the Bank, L.Ulambayar, is free on bail and the Chief of the
Representatives Managing Council, N.Enkhtur, and two of its members, N.Davaa
and E.Gur-Aranz, are in jail for misappropriating bank funds and violating
laws.
