One of the primary functions of the IAAC is to detect and investigate corruption-related crimes, identify illegally obtained assets and income, freeze, seize, confiscate, and return them.

Mongolia ratified the United Nations Convention against Corruption (UNCAC) in 2005. This convention provides member states the opportunity to implement anti-corruption measures, prevent corruption, and collaborate with other countries to repatriate assets acquired through corruption-related crimes.

UNITED NATIONS CONVENTION AGAINST CORRUPTION

CHAPTER V. Asset Recovery

• Article 55. International cooperation for purposes of confiscation
• Article 56. Special cooperation
• Article 57. Return and disposal of assets

In accordance with Chapter V of the UNCAC, Mongolia actively collaborates with relevant agencies in foreign countries.

Here’s a visual representation of the examples: