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2025/09/15
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President of Mongolia
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PRESIDENT BATTULGA CALLED ON POLITICIANS AND PUBLIC SERVANTS

On July 24, the President of Mongolia Khaltmaagiin Battulga called on politicians, public servants and their relevant people on offshore account.

President’s call states: “Some politicians, public servants and their relevant people in Mongolia have been widely criticized for hiding their bribery, illegal profit and dirty money in offshore account to avoid taxes. The public media has uncovered news that some of their dirty money has already turned into luxury real estate.

List of 42 countries is considered as offshore financial centers by the International Monetary Fund and the Economic Cooperation Organisation. According to the International Consortium of Investigative Journalists’ report, a total of 49 Mongolian citizens have offshore accounts in these 42 countries.

Politicians, public servants and their relevant people, who are having offshore accounts to keep their money to avoid taxes, fueling public hesitation and harming people’s belief in justice. Mongolia did not have specific laws or regulations on having an offshore account until 2017. Therefore, I would like to call on the politicians, public servants and their relevant people who have offshore account to take back and transfer your money from offshore account into Mongolia.

As the President of Mongolia, I would like to call on the politicians, public servants and their relevant people who are holding offshore account to close down their offshore accounts and transfer the money into Mongolian bank within 49 days from July 24, 2017.

The people who refused to fulfill this requirement and did not transfer their money into Mongolian bank will be investigated and face legal obligation”.

2017/07/24 2:32:14

FEATURED

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GALLERY

thumbnail 544148622_1326319369126658_1553190531756697493_n
544148622_1326319369126658_1553190531756697493_n
2025/09/11 12:11:33State Visit of Governor-General of Australia Samantha Mostyn Concludes
thumbnail received_4413805648846972
received_4413805648846972
2025/09/08 4:55:56Governor-General of Australia and First Gentleman Plant Trees at Ikh Tenger Complex
thumbnail 68ba6b83c9470
68ba6b83c9470
2025/09/05 4:55:25President of Mongolia and Governor-General of Australia Hold Official Talks
thumbnail 68ba5f5f772d0
68ba5f5f772d0
2025/09/05 4:42:55Governor-General of Australia Officially Welcomed
thumbnail received_653128327389428-1536x1023
received_653128327389428-1536x1023
2025/09/05 8:31:10Governor-General of Australia Samantha Mostyn arrives in Mongolia for a State Visit
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