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2025/10/10
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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

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GALLERY

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552193840_4029457393985979_9174060302009063828_n
2025/09/24 10:36:35President of Mongolia Khurelsukh Ukhnaa Meets UN Secretary-General António Guterres
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552569591_2623408488009654_1347335903623179212_n
2025/09/24 9:37:59Khurelsukh Ukhnaa: Mongolia Will Steadfastly Support the United Nations’ Efforts to Safeguard International Peace and Security
thumbnail IMG-53aa676399b367af3d033aeee9ac14ee-V
IMG-53aa676399b367af3d033aeee9ac14ee-V
2025/09/24 10:02:00President Khurelsukh Participates in 80th UNGA General Debate
thumbnail 552236558_802276269006047_2579351184262018784_n
552236558_802276269006047_2579351184262018784_n
2025/09/24 9:59:48President of Mongolia Khurelsukh Ukhnaa Meets with President of Finland Alexander Stubb
thumbnail 552571392_3736743926458218_4084990319214752927_n
552571392_3736743926458218_4084990319214752927_n
2025/09/23 3:15:27President of Mongolia Khurelsukh Ukhnaa Meets President of Montenegro Jakov Milatović
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