Draft amendments to the Law on Adjustment and Prevention of Conflict of Interests in the Public Service, to ban offshore assets for high-ranking government officials was presented to Parliament. The bill was presented to M.Enkhbold, Speaker of Parliament by S.Byambatsogt,  Minister of Justice and Domestic Affairs earlier today (7^th of October).

The bill bans government officials, who are obliged to submit annual income statement to the Anti-Corruption Agency (ACA), from owning bank accounts and private companies in offshore regions.

Discoveries of offshore bank accounts and private entities under the name of various high-ranking government officials have damaged public confidence.