
The Investigation Department of the Anti-Corruption Authority filed a request to the Prosecutor General`s Office to begin an investigation into the Member of Parliament. The Prosecutor General`s Office accepted the request so the Anti-Corruption Authority has initiated an investigation.
An official from the Anti-Corruption Authority confirmed that a criminal proceeding has been started for S.Bayartsogt but the official refused to give any details about the proceeding without permission from the Prosecutor`s Office.
An official from the City Prosecutor”s Office gave a statement that a criminal investigation ha been started into MP S.Bayartsogt on the ground of unexplained wealth crimes.
The discovery of a secret Swiss bank account and offshore entity led to the resignation of the former Deputy Speaker from his position in April. Parliament accepted his resignation.
After it was revealed that MP S.Bayartsogt fail to include his secret Swiss bank account and offshore entity in the income and asset declaration as a State official the Ethics Sub-Committee of Parliament discussed the issue, but decided that there were no grounds to dismiss S.Bayartsogt from his position as MP.
S.Bayrtsogt confirmed that he did make a mistake by failing to include his offshore company and Swiss bank account in the income and asset declaration.