Sources have informed news.mn that the Investigation Board of the Anti-Corruption Authority (ACA) is investigating A.I.Formenkii, the Russian director of the Erdenet Factory. The investigation relates to a “factory matter.” ACA investigators have taken statements from some factory employees.

Our correspondent asked an ACA official about the investigation. The official confirmed it is taking place but refused further comment because the investigation is ongoing.

The ACA is currently investigating MP Kh.Narankhuu and Mongol Bank President L.Purevdorj for possible embezzlement when Kh.Narankhuu worked as a director of the Erdenet factory. L.Purevdorj was head of the State Property Committee at the time.