Multiple employees fired from Fannie Mae were either engaging in fraud related to the company’s charity or were “working in China,” said Bill Pulte, director of the Federal Housing Finance Agency (FHFA), Wednesday.

Appearing on Fox News, Pulte was asked about Tuesday’s announcement that Fannie Mae had fired more than 100 employees for alleged “unethical conduct,” including “facilitating fraud.”

Citing an ongoing investigation, Pulte provided few details. But the FHFA director, who oversees Fannie Mae, did allege that some employees had been misusing Fannie Mae’s “internal company charity.”

“We found that they were making donations to the charity and then they were getting kickbacks,” Pulte stated.

Pulte also said that the IP addresses of employees working remotely had been audited to determine their locations. He said those locations were then mapped against where the employees had swiped in from at the start of their workday. Pulte claimed that irregularities were discovered among some of the fired employees.

“Potentially, people are having friends or family swipe in, but then they’re actually working in China,” Pulte said.

Pulte did not elaborate on why the employees were allegedly working remotely in China or if that specifically violated Fannie Mae policy.

The FHFA director also said that the internal investigation “found that multiple people were working two jobs.”

Fannie Mae’s code of conduct does not preclude employees from having additional jobs outside the company, although it lays out certain restrictions.

“Officers must disclose all outside employment for review, even if it occurs outside of the time that you typically perform work for Fannie Mae,” the Fannie Mae code of conduct manual states. “Non-officers must disclose outside employment if it relates to Fannie Mae, it is in a Fannie Mae business area, or your role exceeds 10 hours per week.”