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Ex-Mongolian PM Allegedly Buys NYC Apartments With Embezzled Funds

Mongolia Corruption

Mongolian Prime Minister Sukhbaatar Batbold inspects an honour guard during an official welcoming ceremony in the Great Hall of the People in Beijing

In a recent development, it has been revealed that a former Prime Minister of Mongolia allegedly used embezzled mining funds to purchase apartments in New York City, according to authorities in the United States.

The ex-Prime Minister is accused of misappropriating money from the mining sector in Mongolia and using it to acquire real estate in one of the most expensive property markets in the world.

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