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MP S.Ganbaatar requests investigation of Oyu Tolgoi project

By M,ZOLJARGAL

Member of the Parliament (MP) S.Ganbaatar submitted a request to the Independent Authority Against Corruption (IAAC) on October 3, to investigate the Oyu Tolgoi project. He sent the request based on his joint research and studies by experts on the project’s implementation since the signing of the contract between Rio Tinto and the Mongolian government, and how much potential benefit exists for Mongolia to earn from the project over time.

Rio Tinto has been found to have spent a large amount of money and financing earned from Mongolian resources on funds provided to governmental and non-governmental organizations, company heads, other companies, as well as citizens not directly related to the Oyu Tolgoi project according to its expenditure report.

S.Ganbaatar believes the investments were actually intended bribes and they violate the Mongolian people’s interests. His request proposes that the IAAC conduct inspections and investigations of six organizations that Rio Tinto, investor in the Oyu Tolgoi project, finances. These organizations are the Arts Council of Mongolia, which received 17.2 billion MNT; the General Authority for Border Protection, which received 129.2 million MNT; the NGO Mongolian Traditional Craftsmanship, which received 107.7 million MNT; the Mongolian National Mining Association, which received 89.4 MNT; ZIBRO Z, a company which received the financial backing of 1.4 billion MNT; and the NGO Ikh Us Tuul, which received financing of 600,000 USD from Rio Tinto.

Short URL: http://ubpost.mongolnews.mn/?p=6246

Posted by on Oct 7 2013. Filed under Domestic. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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