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2025/09/05
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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

  • 2025/09/03 2:39:11President of Mongolia Lays Wreath at the Memorial Complex in Janchkhuu
  • 2025/09/03 2:33:25Mongolia-China-Russia Leaders Convene for 7th Trilateral Meeting in Beijing
  • 2025/09/03 2:30:29Mongolia, China Agrees on Expanding Cooperation in Multiple Fields
  • 2025/09/02 10:38:54Khurelsukh at SCO: “Mongolia Is Ready to Contribute to Regional Integration”
  • 2025/09/01 9:54:07President of Mongolia U. Khurelsukh Received by President of China Xi Jinping
  • 2025/09/01 9:50:11President of Mongolia Arrives in Tianjin for SCO Tianjin Summit 2025
  • 2025/08/28 4:26:08Governor-General of the Commonwealth of Australia the Honourable Samantha Mostyn to Pay a State Visit to Mongolia
  • 2025/07/26 3:00:59President of Mongolia U.Khurelsukh Concludes State Visit to the Republic of Tajikistan
  • 2025/07/26 12:22:02President Khurelsukh visits Rogun Hydropower Plant Construction Site
  • 2025/07/25 5:17:31Courtesy Call from Idizoda Faizali, Chairman of the Majlisi Namoyandagon of the Republic of Tajikistan

GALLERY

thumbnail received_1460020275239847
received_1460020275239847
2025/09/03 2:39:11President of Mongolia Lays Wreath at the Memorial Complex in Janchkhuu
thumbnail received_763184589756083
received_763184589756083
2025/09/03 2:33:25Mongolia-China-Russia Leaders Convene for 7th Trilateral Meeting in Beijing
thumbnail received_1061367876161760
received_1061367876161760
2025/09/03 2:30:29Mongolia, China Agrees on Expanding Cooperation in Multiple Fields
thumbnail received_787998147491349
received_787998147491349
2025/09/02 10:38:54Khurelsukh at SCO: “Mongolia Is Ready to Contribute to Regional Integration”
thumbnail 539914819_1852986372303789_7018353776700053805_n
539914819_1852986372303789_7018353776700053805_n
2025/09/01 9:54:07President of Mongolia U. Khurelsukh Received by President of China Xi Jinping
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