The Independent Authority Against Corruption has detained N.Tavinbekh, who previously served as State Secretary and Minister of Energy and Mineral Resources, for 48 hours.
The IAAC said that N.Tavinbekh is being investigated on suspicion that he abused his position and illegally acquired wealth in connection with a foreign energy concessional-loan project. The agency said it will provide more detailed information as the investigation progresses.
Family and Education
- Born: 1971 (Khalkh)
- Family: Four members
- Education: Baganuur District Secondary School (1989); Technical University (1994); Academy of Management (2005); University of Science and Technology (2020).
- Profession: Electrical engineer; MBA (energy).
Career
- 1995–2001: fitter, foreman, department head and engineer, Repair Department, Baganuur Electricity and Line Network Department
- 2001–2007: Deputy Director and Chief Engineer, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2007–2013: Chief Executive Officer, same company
- 2015–2017: Governor of Baganuur city
- 2017: Executive Director, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2017–2020: Executive Director, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2020–2021: Minister of Energy
- 2022–2024: State Secretary, Ministry of Energy and Mineral Resource
- 2024 asset and income declaration
According to Mr Tavinbekh’s 2024 declaration, his reported assets and income included:
- Personal income: MNT 38,413,620
- Family income: MNT 50,603,690 MNT
- Profit from sale of assets: MNT 464,669,800
- Housing / buildings: two public housing units valued at MNT 199,191,500
- Livestock (declared): horses 610, cattle 480, sheep 1,600, goats 300, total valuation listed as MNT 656,000,000
- Land plots: including four plots of 1 ha, one 10 ha, one 100 ha, one 500 ha, one 596 m² parcel and one 650,697 m² parcel (as reported in the declaration)
- Bank deposits: MNT 32,826,350
- Cash: MNT 225,000,000
- Loans: MNT 147,534,070
- Investments / shares: declared holdings include shares in Erdenes Tavan Tolgoi JSC (1,072 shares) and Razno Impex JSC (51 shares).
- Vehicles / valuables: none declared
The Independent Authority Against Corruption has detained N.Tavinbekh, who previously served as State Secretary and Minister of Energy and Mineral Resources, for 48 hours.
The IAAC said that N.Tavinbekh is being investigated on suspicion that he abused his position and illegally acquired wealth in connection with a foreign energy concessional-loan project. The agency said it will provide more detailed information as the investigation progresses.
Family and Education
- Born: 1971 (Khalkh)
- Family: Four members
- Education: Baganuur District Secondary School (1989); Technical University (1994); Academy of Management (2005); University of Science and Technology (2020).
- Profession: Electrical engineer; MBA (energy).
Career
- 1995–2001: fitter, foreman, department head and engineer, Repair Department, Baganuur Electricity and Line Network Department
- 2001–2007: Deputy Director and Chief Engineer, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2007–2013: Chief Executive Officer, same company
- 2015–2017: Governor of Baganuur city
- 2017: Executive Director, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2017–2020: Executive Director, Baganuur South-Eastern Regional Electricity Distribution Network JSC
- 2020–2021: Minister of Energy
- 2022–2024: State Secretary, Ministry of Energy and Mineral Resource
- 2024 asset and income declaration
According to Mr Tavinbekh’s 2024 declaration, his reported assets and income included:
- Personal income: MNT 38,413,620
- Family income: MNT 50,603,690 MNT
- Profit from sale of assets: MNT 464,669,800
- Housing / buildings: two public housing units valued at MNT 199,191,500
- Livestock (declared): horses 610, cattle 480, sheep 1,600, goats 300, total valuation listed as MNT 656,000,000
- Land plots: including four plots of 1 ha, one 10 ha, one 100 ha, one 500 ha, one 596 m² parcel and one 650,697 m² parcel (as reported in the declaration)
- Bank deposits: MNT 32,826,350
- Cash: MNT 225,000,000
- Loans: MNT 147,534,070
- Investments / shares: declared holdings include shares in Erdenes Tavan Tolgoi JSC (1,072 shares) and Razno Impex JSC (51 shares).
- Vehicles / valuables: none declared