Eleven issues to be resolved during emergency regime
PoliticsOrkhon/MONTSAME/ In regard with the emergency regime set at Erdenet Mining Corporation, head of the Cabinet Secretariat of Government L.Oyun-Erdene was interviewed on March 6.
- Nine officials have
been just released from their
duties and their rooms have been sealed. Does it mean that powers of these
officials are being transferred into the Government?
-An emergency regime
has been set to stop disturbance to conduct normal operations of Erdenet Mining
Corporation (EMC) and make changes in its structure and composition as the
Board of Director of EMC is incapable to function. It makes troubles to resolve
debt issues regarding Standard Bank. Moreover, the EMC is unable to conduct its
business plan normally, expend money and resolve staff issues. Since it is a
vital issue concerning the national security of Mongolia and budget, the
Government issued a resolution to set emergency regime.
Government is
responsible to implement parliamentary resolutions. In other words, the
Parliament issued a resolution No:23 that instructs the government to resolve disputes
by means of negotiations. To resolve the disputes, it necessitated to conduct
an intelligence operation within relevant laws because there are many issues
arisen regarding how much money the Trade and Development Bank spent, how much
of it was taken from the State, by what financial sources the 49 percent shares of EMC was
purchased, and why then-Government was preferential without having the stake
purchase matter discussed at the Parliament. Now, it is under scrutiny to make
them clear. There is also an issue of financial scheme. Earlier, a working
group of the Parliament worked on this matter. According to unclassified
documents that the working group has had or documents that the Government and
BoD of Erdenet obtain, it evidenced that the funding was made from five
sources. However, there are many unclear things. There are some issues need to
be investigated and issues in connection with money laundering. For instance, there
are cases that some companies were given preference when making the agreement
of supply and selecting bid, and that have not executed their duties given by
the agreement. Therefore, some rooms of EMC have been sealed to inspect such
issues.
-How will the
emergency regime influence on EMC’s operations?
-It will not affect
normal operation of EMC. The Government used to implement emergency regime
before. For EMC, it will be for six months. If the issues are not resolved
within this period, the Parliament has the right to extend the period.
- Will somebody be
appointed instead of the officials released from their posts?
-First of all, its
structure has become quite compact. There will not be anyone on these positions
for six months. No one will be appointed. Moreover, the EMC’s Board of Director
will not call its meetings. During this period, we will urgently resolve 11
issues. There are many other issues such
as debt to Standard Bank and signature forgery.