Ruling on Altan Dornod case likely in April - News.MN

Ruling on Altan Dornod case likely in April

Old News! Published on: 2011.04.01

Ruling on Altan Dornod case likely in April

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Батмөнх
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Official sources expect the International Arbitration Court to give its ruling on the dispute between the Government of Mongolia and Altan Dornod Mongol LLC this month. Mongolia has so far spent MNT6 billion on pursuing the case.

Executive Director of Altan Dornod Mongol S.V. Paushok escaped from Mongolia to Russia when he was to be investigated for not paying MNT127.7 billion in taxes and for money laundering. Prosecutor General D.Dorligjav has requested his Russian counterpart to initiate an investigation of Paushok. So far the answers have been non-committal.

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