Today, in the SGK session regarding the resignation of deputy speaker, Mr. Bayartsogt S. himself made explanations.
He assures that all of the records and transactions were submitted to IAAC (Independent Agency Against Corruption) and proved that there were only 2 transactions. Initial deposit was made when the account was opened – 1 million USD. Then the fund was withdrawn leaving only 1600 EUR. He also says that the ICIJ director wrote him a letter wishing him good luck on this difficult times.
The issue regarding the record of his address adding “China” after Mongolia in the official company documents weren’t his mistake, it was the recording company’s typo, and Mr. Bayartsogt S. asked the company to issue an apology letter publicly, he states.
Some MPs stated that Mr.Bayartsogt not only has to resign from his deputy speaker position, also from the parliament. After this statement, the Minister of Justice Mr. Temuujin stated that there aren’t any clause to revoke his seat in the parliament.
Mr. Bayartsogt assures that he will answer all the questions from MPs, and set a good example. He stated that he only didn’t declare the name of the company name. His profit and income were all declared in the IAAC report.
MP Mr. Baasankhuu asked him to reveal the names of the business-partners that contributed 800,000 USD to his offshore account. Mr. Bayartsogt declined to reveal the names, stating that he gave the names to the IAAC.
MP Mr.Nomtoibayar says, he doesn’t believe ICIJ investigative journalists would have technical and professional ability to retrieve these information. He believes that this issue should be investigated and security of MPs should come in question.
He denied that the account had any connections with Oyu Tolgoi deal. Mr. Bayartsogt added that his contribution to the deal and amendments in the draft agreement was had a positive economic benefit to Mongolia.
MP Mr.Batzandan added that Mr. Bayartsogt has never been a good example, and never should have been a deputy speaker. He emphasized that his peers in the Democratic Party asked the members to support Mr. Bayartsogt in the session. Despite this, he said people like Mr. Bayartsogt who acts against the interest of Mongolia, and hides illegal and secret profit overseas should be out of SGK. Mr. Bayartsogt responded that he didn’t violate any laws both internationally and domestically.
Mr. Bayartsogt stated that he didn’t independently negotiated the Oyu Tolgoi deal. Agreement was discussed in SGK, and Mongolia had one position, then it was signed, he says. He stated that scrutiny around Oyu Tolgoi will always be there.
MP Mr.Bolorchuluun added that the Oyu Tolgoi agreement is the worst agreement he has ever seen in his 20-year business career favoring foreign companies in taxation.
MP Mrs. Uyanga stated that the people of the country is watching closely how Democratic Party will treat the misconduct of its’ own member, and its’ fairness. Also, she says that if he doesn’t give up his parliamentary seat, resignation as a deputy speaker is not sufficient as a disciplinary act.