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Mongolia ex-PM accused of buying luxury Manhattan flats with corrupt funds
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| Contributor | Juan Croniqueur |
| Last Edited | Juan Croniqueur Mar 27, 2024 01:42pm |
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| Category | News |
| Author | Frances Mao |
| News Date | Tuesday, March 26, 2024 07:00:00 PM UTC0:0 |
| Description | Mongolia's former prime minister bought two luxury apartments in New York City with the proceeds of a corrupt scheme, US authorities have alleged.
Prosecutors are seeking to seize the prime real estate in midtown Manhattan, worth a total of $14m (£11m).
They allege Sukhbaatar Batbold, who served as PM from 2009-2012, bought the flats after his family-controlled firm was awarded a major mining contract.
Mining is the key industry in Mongolia. Mr Batbold has denied the accusations.
The Mongolian politician, 60, still sits in parliament. |
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