Mongolia Anti-Graft Agency Arrests Two Prime Ministers Amid Mine Probe

No Comment 15 Views

Mongolia’s anti-graft agency has arrested two former prime ministers as part of an investigation into suspected misuse of power by officials during two rounds of negotiations involving a big copper-gold mine, it said on Wednesday.

Mongolia’s Independent Agency against Corruption is investigating a 2009 agreement to develop the Oyu Tolgoi mine, signed by the government with Canadian investor Ivanhoe Mines and Rio Tinto, as well as an underground mine development and investment plan agreed in 2015 to expand the project.

In connection with the investigation, on Tuesday the agency detained Bayar Sanj, prime minister when the original 2009 investment deal was signed, as well as Saikhanbileg Chimed, prime minister when the expansion agreement was sealed in 2015, it said in a statement.

The prosecutor’s office in the capital, Ulaanbaatar, has applied to extend a period of detention, a spokeswoman said in a televised briefing. According to Mongolian law, prosecutors need to apply to a court to hold suspects for more than 48 hours.

Read the original article here:

Get headlines, breaking news, and jobs announcements delivered to your inbox. Sign up for our daily newsletter.

Share This Page
Industry Webinars
FEATURED Solutions