The 30-year-old France international, who has a year left on his contract, is yet to be offered a new deal amid interest from Paris Saint-Germain, Monaco and Anzhi Mackhachkala
The 30-year-old has one year left on his current contract and has yet to be offered a new deal at the Emirates Stadium.
|16/1||Wayne Rooney is 16/1 with Paddy Power to join Arsenal next
"This is not the best time to talk about Bacary's future," Mongai told Russian newspaper Izvestia.
"He's contracted to Arsenal and the season is still not over. We'll see what happens in the summer."
Russian giants Anzhi Makhachkala, along with cash-rich French duo Paris Saint-Germain and Monaco, have been linked with a move for the right-back.
The Frenchman arrived at Arsenal from Auxerre in 2007 for an undisclosed fee.