www.mad-mongolia.com September 25, 2013
The Mongolian People`s Party (MPP) has submitted a request several times to conduct an audit of the Bank of Mongolia.
As a result of the request the Standing Committee on Economy established a task force to conduct an audit into the Bank of Mongolia and appointed members to the task force.
The task force will conduct auditing on foreign currency reserves and large-scale projects and programs run by the Bank of Mongolia in cooperation with the Government of Mongolia. The spending of the 1.5 billion US Dollar Government Bond or “Chinggis Bond” will also undergo auditing.
The task force includes MP S.Byambatsogt, MP Ts.Nyamdorj, MP G.Uyanga and MP D.Zorigt.