A criminal case opened against S.Bayartsogt – former Deputy Speaker

Jul 1 • Featured, News, State Affairs • 1856 Views • No Comments on A criminal case opened against S.Bayartsogt – former Deputy Speaker

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A criminal case was opened against DP member, former Deputy Speaker, MP S.Bayartsogt on the basis stated on the Criminal Law’s clause 270.1 – Illegal earnings. The criminal case is opened under the investigation of IAAC (Independent Agency Against Corruption). If court establishes his guilt – he could be banned from the government office 3-5 years, monetary penalty of 51-200 time of minimum wage or face 3 years in prison.

After ICIJ revealed his Swiss account and company in offshore zone 8 NGOs have called for his investigation. The NGOs see the MP made false statements from 2008-2013 on Income Report required by the law.

IAAC refused to open a criminal case, however the State General Prosecutor’s Office pushed few days ago to open the case.

He is a prominent promoter of Oyu Tolgoi project and Investment Agreement that has been signed back in 2009 and his account in a Swiss bank was opened in 2008. He is widely believed to be involved in pushing the deal forward with the coalition government when his served as a Finance Minister at the time. Some MP members accuse him of taking bribes from international investors – which never have been proved.

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