Sme loan scan­dal

The UB Post - - Highlights Of 2018 -

Fol­low­ing strong pub­lic crit­i­cisms of for­mer Min­is­ter of Food, Agri­cul­ture and Light In­dus­try B.Bat­zorig for abus­ing his power by is­su­ing loans from the fund, which was op­er­ated un­der his author­ity, B.Bat­zorig had to re­sign from the min­is­ter’s po­si­tion to take re­spon­si­bil­ity for the on­go­ing mat­ter.

To ad­dress the loan scan­dal, Head of the Mon­go­lian Peo­ple’s Party and Prime Min­is­ter U.Khurel­sukh in­structed all law­mak­ers whose as­so­ci­ates and fam­ily mem­bers took out loans from the fund to re­pay the loans im­me­di­ately, and apol­o­gize to the peo­ple if they want the party’s sup­port in fu­ture elec­tions. Deputy Min­is­ter of Con­struc­tion and Ur­ban De­vel­op­ment Sh.Lkham­suren and Head of Gov­ern­ment Agency for Pol­icy Co­or­di­na­tion on State Prop­erty Ts.Nyam-Ochir re­signed as their as­so­ci­ates took out loans from the fund, but oth­ers in­volved in the loan scan­dal were not held ac­count­able for the loan mis­ap­pro­pri­a­tion as law en­force­ment au­thor­i­ties’ in­ves­ti­ga­tion over loan mis­ap­pro­pri­a­tion is still in progress.

The pub­lic is still de­mand­ing that law en­force­ment agen­cies and Par­lia­ment hold ac­count­abil­ity to high-rank­ing state of­fi­cials en­gaged in the loan scan­dal.

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