Former Mongolia minister in corruption probe released on bail
Published on: Tuesday 29 January 2019
A former Mongolian finance minister re-arrested earlier this month as part of an investigation into corruption claims surrounding the giant Oyu Tolgoi copper mine has been released on bail, a court official told Reuters on Wednesday. Authorities are investigating the 2009 negotiations over the development of the project, then owned by Canada's Ivanhoe Mines and now managed by Anglo-Australian miner Rio Tinto . Bayartsogt was one of the signatories to the 2009 investment agreement that kickstarted Oyu Tolgoi's development.
News source: https://finance.yahoo.com/news/former-mongolia-minister-corruption-probe-095157726.html
