L.Oyun-Erdene: Six month emergency regime announced for Erdenet Mining Corporation

Translator E.Oyun-Erdene GoGo.mn

2019-03-07 12:47 GMT+8

09:37 yesterday     

The government regular session started at 08.00. Head of the Cabinet Secretariat of Government L.Oyun-Erdene gave information

10:04 yesterday
During the Government session, Head of the Cabinet Secretariat of Government L.Oyun-Erdene informed that 6-month emergency regime announced for “Erdenet mining corporation” based on Law on Government and other related laws. During the period of emergency regime, there will not be interruptions in operations of Erdenet Mining Corporation and financial documents will be inspected only. It should be presented to the Parliament if necessary. In order to implement the Government order, working group has been established to work in EMC.

Head of the Cabinet Secretariat of Government L.Oyun-Erdene said that the case of EMC is considered as money laundry and frauds which are resolved in other countries. Finalizing any case is duty of the government and actions have been taken on the case related people.

10:15 yesterday
Head of the Cabinet Secretariat of Government L.Oyun-Erdene said “Independent Agency Against Corruption should do their work. Former Prime Minister Ch.Saikhanbileg must be examined by the IAAC. And IAAC must examine cases related to job position and the Police department must examine cases related to companies. We are not trying to attack reputation of the enterprise. All enterprises must be equal according to the law. But receiving loan from Bank of Mongolia by using authority not reflected in the law makes other enterprises unable to compete. We are trying to work quickly due to the case continues over a year.”

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