SME scandal: former MP given two-and-a-half years in prison - News.MN

SME scandal: former MP given two-and-a-half years in prison

Old News! Published on: 2020.08.12

SME scandal: former MP given two-and-a-half years in prison

Former member of parliament  B.Undarmaa was sentenced on Tuesday (11 Aug) to two years and six months in prison for the abuse of power. B.Undarmaa was found guilty of abusing power to obtain a low-interest loan of MNT 700 million (USD 245,800) from a fund specifically for developing small and medium-sized enterprises.

Mongolia has been intensifying its efforts against criminal cases related to abuse of power and corruption.

Since the beginning of this year, the country has sentenced more than 20 high-ranking officials, including three former prime ministers – M.Enkhsaikhan, J.Erdenebat and S.Bayar — to prison.

The 56-year-old served as a parliament member from 2016 to 2020.

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