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2025/07/11
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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

  • 2025/07/09 6:27:20Their Majesties the Emperor and Empress of Japan Visit General Education School in Ulaanbaatar
  • 2025/07/09 3:26:24His Majesty the Emperor of Japan Visits Mongol Koosen Technology College
  • 2025/07/08 10:21:56Their Majesties the Emperor and Empress of Japan Visit Memorial Complex for Japanese Nationals
  • 2025/07/08 10:17:01President of Mongolia and First Lady Hold Official Meeting with Their Majesties the Emperor and Empress of Japan
  • 2025/07/08 10:09:13Their Majesties the Emperor and Empress of Japan Officially Welcomed
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  • 2025/07/07 4:28:01His Majesty Emperor Naruhito of Japan Visits Chinggis Khaan National Museum
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  • 2025/06/22 1:54:03President of the Republic of Uzbekistan to Pay a State Visit to Mongolia
  • 2025/06/20 10:37:21His Majesty Emperor Naruhito and Her Majesty Queen Masako to Pay State Visit to Mongolia

GALLERY

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515872835_755323223698206_7412016362952339814_n
2025/07/09 6:27:20Their Majesties the Emperor and Empress of Japan Visit General Education School in Ulaanbaatar
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686e1491770f3
2025/07/09 3:26:24His Majesty the Emperor of Japan Visits Mongol Koosen Technology College
thumbnail 516556895_1401492031157754_9116450663623651940_n (1)
516556895_1401492031157754_9116450663623651940_n (1)
2025/07/08 10:21:56Their Majesties the Emperor and Empress of Japan Visit Memorial Complex for Japanese Nationals
thumbnail 515153697_1094120232617147_4756120391160394512_n
515153697_1094120232617147_4756120391160394512_n
2025/07/08 10:17:01President of Mongolia and First Lady Hold Official Meeting with Their Majesties the Emperor and Empress of Japan
thumbnail 514677703_748111194372690_1840022060456074353_n
514677703_748111194372690_1840022060456074353_n
2025/07/08 10:09:13Their Majesties the Emperor and Empress of Japan Officially Welcomed
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