N.Nom­toiba­yar says U.Khurel­sukh is ‘fa­ther’ of SME loan mis­ap­pro­pri­a­tion

The UB Post - - Politics - By R.TURMUNKH

Law­maker N.Nom­toiba­yar held a news con­fer­ence at the State Palace on De­cem­ber 18.

The law­maker em­pha­sized that the main fo­cus of his press con­fer­ence was to an­nounce U.Khurel­sukh as the “ini­tia­tor” of small and medium-sized en­ter­prise (SME) loan mis­ap­pro­pri­a­tion.

He said, “A con­tract that Jar­galant Makh Im­pex LLC un­der the own­er­ship of U.Khurel­sukh’s younger brother U.Davkhar­ba­yar would take a loan of 1.3 bil­lion MNT from the Fund to De­velop Small and Medium-Sized En­ter­prise was signed on De­cem­ber 13, 2016. Un­der the con­tract, the com­pany took a loan of 327.1 mil­lion MNT from the fund on Feb­ru­ary 17, 2017, a loan of 239 mil­lion MNT from the fund on Au­gust 3, 2017, and U.Khurel­sukh’s brother’s com­pany took loans piece by piece to hide its il­le­gal ac­tion.”

N.Nom­toiba­yar said that he dis­cov­ered that U.Khurel­sukh helped his brother take these loans by abus­ing his power while he was serv­ing as deputy prime min­is­ter.

The law­maker said that ac­cord­ing to the 2017 as­set dec­la­ra­tion pub­lished on the web­site of the In­de­pen­dent Author­ity Against Cor­rup­tion, U.Khurel­sukh has a sav­ing ac­count worth 1.7 bil­lion MNT, real state worth nearly two bil­lion MNT, and ex­pen­sive ve­hi­cles.

He said that the law­mak­ers who voted for U.Khurel­sukh to elect him as the prime min­is­ter took loans from the fund and that the law­mak­ers who voted in fa­vor of U.Khurel­sukh’s Cab­i­net dur­ing the re­cent no con­fi­dence vote in Par­lia­ment show the true na­ture of Cab­i­net.

Law­maker N.Nom­toiba­yar un­der­lined that every­body can see U.Khurel­sukh is strug­gling to de­fend the in­ter­ests of the law­mak­ers en­gaged in SME loan mis­ap­pro­pri­a­tion and his Cab­i­net ex­ists thanks to cor­rupt law­mak­ers, which is why the ex­is­tence of U.Khurel­sukh’s Cab­i­net is at stake.

He stressed that U.Khurel­sukh’s call for bring­ing jus­tice to the coun­try and so­ci­ety is an il­lu­sion, not a real claim, and he is just pre­tend­ing to make ef­forts for en­sur­ing ac­count­abil­ity and jus­tice.

The law­maker im­plied that U.Khurel­sukh is “ma­nip­u­lat­ing” the pub­lic by call­ing oth­ers “oli­garchs” to hide his il­le­gal ac­tions.

He noted that as U.Khurel­sukh has not done any busi­ness through­out his life, he has to ex­plain how he ob­tained these as­sets to the pub­lic.

N.Nom­toiba­yar an­nounced he will seek the res­ig­na­tion of U.Khurel­sukh’s Cab­i­net if U.Khurel­sukh doesn’t re­sign vol­un­tar­ily within 48 hours.

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