2012 Declaration of assets and income of high-ranking state servants made public
According to the law, the declaration of assets and income of state servants should become open to the public within the second quarter of each year. Hence, the Statement of Assets and Income of the high-ranking public officials of Mongolia has been published in the information pamphlet of the government.
From an article in Udriin Sonin Newspaper, a total of 237 state servants, including the President of Mongolia, Prime Minister, Parliament, and government members declared information about their assets and income of 2012.
With regard to their declarations, President of Mongolia Ts.Elbegdorj worked in 2012 and earned 118,462,000 MNT. His income increased seven times from the previous year, which was 17,093,000 MNT. The total income of his family members in 2012 was 6,000,000 MNT. He owns 3 cows, 20 sheep, 25 horses, and 15 goats. Moreover, President Ts.Elbegdorj has one apartment worth 417,911,000 MNT. He holds company shares of “Mushaag,” “Ankh-Erdene,” “ASU,” “Genco Tour Bureau,” and “Remicon.” He also owns the stock of the Liberty Institute. He maintains 75, 459,000 MNT in his bank account. In addition, he declared that he has no private land and private cars.
The income of Speaker of the Parliament Z.Enkhbold increased in 2012 reaching 75 million MNT. Even though he doesn’t have private cars and cattle, he owns three apartments and possesses shares of the company, “Inter.”
The annual income of Prime Minister N.Altankhuyag is 302 million MNT. He has two apartments, a Lexus 570, and a Lexus 470. He is also the owner of four companies. The Prime Minister was the person who earned the most among the three state heads given that the 2012 income of his family was 180 million MNT.
The person who led the members of the Parliament (MP) and the rest of the government with his income is MP and Minister of Defense D.Bat-Erdene. In 2012, he worked and earned an income of 20,006,680,000 MNT, proving that he is one of the richest men of Mongolia. He owns 3 apartments and has 250 horses. He also holds shares of vested companies such as “Ajnai,” “Invest Capital,” and “MAK.”
Minister D.Bat-Erdene was followed by MP B.Choijilsuren. His 2012 income amounted to 6,027,651,000 MNT. He is the shareholder of 15 companies such as “Gobi Resource Hill,” “Gobi Goy Saikan,” “Khurd Group,” and “Rapid Palace.”
The third highest among MPs is J.Enkhbayar. A shareholder of six companies such as “Gazar Suljmel,” “Gazar,” and “Gazar Partners,” he has an income of 4,245,457,000 MNT. He is followed by Prime Minister S.Batbold whose 2011 income reached 17 billion MNT. In 2012, he earned 3, 242, 631,000 MNT in 2012. He owns only one car, a Mercedes-Benz, and a piece of land of with an area of 0.7 hectare.
MPs N.Nomtoibayar, B.Narankhuu, and O.Sodbileg, who are considered to belong to Mongolia’s richest, did not earn much in 2012. MP O.Sodbileg holds shares of 11 companies such as “Petro Matad Limited” and “Ajigana Group.” B.Narankhuu declared his seven luxury cars equivalent to 2 billion MNT such as a Mercedes-Benz and Range Rover. He has 109 racing horses.
Minister of Foreign Affairs L.Bold led the list with the number of his shareholding companies. He holds shares of a total of 28 companies including “Bodi Group.” He was followed by MP B.Narankhuu who is a shareholder of 27 companies.
In terms of owned cattle, MP G.Batkhuu led the declaration list with his 434 racing horses.
Furthermore, the income of MP and a candidate in the upcoming Presidential Election, B.Bat-Erdene, is 25 million MNT. His family’s income is 20 million MNT. He has two apartments as well as two cars and he owns the shares of the companies “Buudain Tsatsal” and “Atar Chandgana.” He also has 400 horses, 20 racing horses, 60 cows, 3,000 sheep, and 350 goats.
Likewise, all the other MPs declared their assets and income. For example, the total income of Z.Bayanselenge, who used to live in the ger district, is 30,254,000 MNT. Her family’s income is 6,876,000 MNT. She owns two cars. She has 28 horses, 12 sheep, and 18 cows. She has arrears of 22 million MNT from a citizen named N.Davaasuren and she owes six million MNT to Khan Bank accordingly.
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From an article in Udriin Sonin Newspaper, a total of 237 state servants, including the President of Mongolia, Prime Minister, Parliament, and government members declared information about their assets and income of 2012.
With regard to their declarations, President of Mongolia Ts.Elbegdorj worked in 2012 and earned 118,462,000 MNT. His income increased seven times from the previous year, which was 17,093,000 MNT. The total income of his family members in 2012 was 6,000,000 MNT. He owns 3 cows, 20 sheep, 25 horses, and 15 goats. Moreover, President Ts.Elbegdorj has one apartment worth 417,911,000 MNT. He holds company shares of “Mushaag,” “Ankh-Erdene,” “ASU,” “Genco Tour Bureau,” and “Remicon.” He also owns the stock of the Liberty Institute. He maintains 75, 459,000 MNT in his bank account. In addition, he declared that he has no private land and private cars.
The income of Speaker of the Parliament Z.Enkhbold increased in 2012 reaching 75 million MNT. Even though he doesn’t have private cars and cattle, he owns three apartments and possesses shares of the company, “Inter.”
The annual income of Prime Minister N.Altankhuyag is 302 million MNT. He has two apartments, a Lexus 570, and a Lexus 470. He is also the owner of four companies. The Prime Minister was the person who earned the most among the three state heads given that the 2012 income of his family was 180 million MNT.
The person who led the members of the Parliament (MP) and the rest of the government with his income is MP and Minister of Defense D.Bat-Erdene. In 2012, he worked and earned an income of 20,006,680,000 MNT, proving that he is one of the richest men of Mongolia. He owns 3 apartments and has 250 horses. He also holds shares of vested companies such as “Ajnai,” “Invest Capital,” and “MAK.”
Minister D.Bat-Erdene was followed by MP B.Choijilsuren. His 2012 income amounted to 6,027,651,000 MNT. He is the shareholder of 15 companies such as “Gobi Resource Hill,” “Gobi Goy Saikan,” “Khurd Group,” and “Rapid Palace.”
The third highest among MPs is J.Enkhbayar. A shareholder of six companies such as “Gazar Suljmel,” “Gazar,” and “Gazar Partners,” he has an income of 4,245,457,000 MNT. He is followed by Prime Minister S.Batbold whose 2011 income reached 17 billion MNT. In 2012, he earned 3, 242, 631,000 MNT in 2012. He owns only one car, a Mercedes-Benz, and a piece of land of with an area of 0.7 hectare.
MPs N.Nomtoibayar, B.Narankhuu, and O.Sodbileg, who are considered to belong to Mongolia’s richest, did not earn much in 2012. MP O.Sodbileg holds shares of 11 companies such as “Petro Matad Limited” and “Ajigana Group.” B.Narankhuu declared his seven luxury cars equivalent to 2 billion MNT such as a Mercedes-Benz and Range Rover. He has 109 racing horses.
Minister of Foreign Affairs L.Bold led the list with the number of his shareholding companies. He holds shares of a total of 28 companies including “Bodi Group.” He was followed by MP B.Narankhuu who is a shareholder of 27 companies.
In terms of owned cattle, MP G.Batkhuu led the declaration list with his 434 racing horses.
Furthermore, the income of MP and a candidate in the upcoming Presidential Election, B.Bat-Erdene, is 25 million MNT. His family’s income is 20 million MNT. He has two apartments as well as two cars and he owns the shares of the companies “Buudain Tsatsal” and “Atar Chandgana.” He also has 400 horses, 20 racing horses, 60 cows, 3,000 sheep, and 350 goats.
Likewise, all the other MPs declared their assets and income. For example, the total income of Z.Bayanselenge, who used to live in the ger district, is 30,254,000 MNT. Her family’s income is 6,876,000 MNT. She owns two cars. She has 28 horses, 12 sheep, and 18 cows. She has arrears of 22 million MNT from a citizen named N.Davaasuren and she owes six million MNT to Khan Bank accordingly.
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