Ulaanbaatar
First money transfer to Mongolia from offshore zone
Politics
Ulaanbaatar /MONTSAME/ A citizen of Mongolia, whose name unclear yet, has transferred money of totaling USD 4 million 370 thousand to his/her country from accounts in offshore zone.
It is the first case of withdrawal of money from offshore zone, reported the Independent Authority Against Corruption (IAAC). The report stated that as a result of the investigation operations conducted by the IAAC Investigation Department the withdrawal was made from the publicly announced offshore zone.
A joint working group of IAAC and the General Police Office, established in accordance with a resolution by the State General Prosecutor, is investigating cases that some Mongolian citizens alleged to having opened accounts in offshore zones and established company there, noted in the report.
It is the first case of withdrawal of money from offshore zone, reported the Independent Authority Against Corruption (IAAC). The report stated that as a result of the investigation operations conducted by the IAAC Investigation Department the withdrawal was made from the publicly announced offshore zone.
A joint working group of IAAC and the General Police Office, established in accordance with a resolution by the State General Prosecutor, is investigating cases that some Mongolian citizens alleged to having opened accounts in offshore zones and established company there, noted in the report.
B.Ooluun
