S.Bayartsogt paid for his trip to New York

The
Ethics Committee of Parliament yesterday
discussed in camera a complaint against Minister of Finance S.Bayartsogt and
found him not gulity of any wrongdoing. Citizen B.Lkhagvajav had charged that Ivanhoe
Mines Mongolia had paid for Bayartsogt’s trip to New York to attend a ceremony
related to Ivanhoe at the Stock Exchange there. The committee found that the Minister
had paid for the visit with his private funds.

The Finance Minister had been asked to ring the bell in the New York Stock Exchange
in a traditional ceremony to mark the fifth anniversary of trading in Ivanhoe
Mines shares there. Apart from exonerating the Minister, the committee found,
according to its Chief, G.Bayarsaikhan, that the honor accorded to him helped
bring Mongolia to international notice.
As such, he was on official business, even though he paid for his travel himself.