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  • Mongolia: Inexplicable Politics And 3 Investable Companies [View article]
    RIO Tinto is embroiled in another potential Asian corruption scandal with Australian mining lawyer Sarah Armstrong being held in booming, resource-rich Mongolia.

    It is believed the 32-year-old chief lawyer for Rio subsidiary SouthGobi Resources is being held as a witness to alleged corruption and money-laundering.

    A spokesman for Foreign Minister Bob Carr said Ms Armstrong had been detained as a witness and she still had her passport.

    Four months ago, she signed a complaint against the Mongolian government.

    Ms Armstrong had been stopped on Sunday as she tried to board a flight at Ulaan Baatar airport to Hong Kong.

    Another article makes clear that she was detained by the Anti-Corruption Authority of Mongolia in connection with SouthGobi Sands investigation

    Sarah Armstrong had her passport taken away after being detained at the airport in the capital, Ulaanbaatar.

    The 32-year-old has been questioned by anti-corruption officials in relation to activities at a coal mine in the country's south.

    Is there anyone else who still thinks that Anti-Corruption Authority is a legitimate law enforcement agency and not a political repression tool as I maintained all along?
    Oct 23 08:14 PM | 2 Likes Like |Link to Comment
  • List Of Articles And Blogs By Jon Springer About Mongolia [View instapost]
    Mysterious death of Ulaanbaatar Railways CEO V.V.Magdei was very suspicious.

    At the time there were reports in Mongolian press claiming that G.Batkhuu (owner of "APU", "Shunkhlai" etc) was responsible for his death.

    I have no idea whether it's true or not, but it is common knowledge in Mongolia that he has extensive dealings with very questionable Russian businessmen.
    Aug 19 09:02 AM | 2 Likes Like |Link to Comment