“Southgobi Sands” begins to pay - News.MN

“Southgobi Sands” begins to pay

Old News! Published on: 2016.04.01

“Southgobi Sands” begins to pay

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In 2014, because of alleged tax evasion, several senior foreign figures from “Southgobi Sands” LLC were imprisoned. Subsequently, they were released when the President intervened and pardoned them. Nevertheless, the company still had to pay Mongolia a total of MNT 35.3 billion. There is information that “Southgobi Sands” has finally started paying. According to the General Authority for Implementing Judicial Decisions, the balance now owed is MNT 16.5 billion.

 

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