PM wants outsiders on boards of State companies - News.MN

PM wants outsiders on boards of State companies

Old News! Published on: 2010.05.20

PM wants outsiders on boards of State companies

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Prime Minister S.Batbold instructed
State Property Committee chief D.Sugar on Tuesday to include representatives of
civil organizations, professional associations, academics and researchers on
the board of directors of state owned organizations and companies. The Prime Minister
referred to the widespread criticism that state organizations are not
sufficiently open and to rumors that many officials have commercial links with
these organizations. Inducting neutral outsiders would improve the current
governance practice.

Sugar told the Prime Minister
that, as part of the program to develop the capital market, the committee is
pushing state organizations to have their own web sites and also to have more independent
members in their boards.

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