The Deputy Speaker, Sangikav Bayartsogt, made a statement at a press conference due to the reports about a secret Swiss bank account and offshore company at 2:00 pm on Thursday April 4th.

The Deputy Speaker of parliament, Sangijav Bayartsogt, said in the statement that “It is true that there is 1,658 Euros or 2.9 million MNT in a Swiss bank account. I opened the account to trade in international stocks with three other acquaintances in 2008. My failure of responsibility is that I did not include the company in my declaration of income. I have admitted my ethic failure and I am ready to take responsibility.

The case will be discussed in a parliament session.