The state and the private enterprises exported 336.5 million tons of coal between 2011 to 2022

D. Amarbayasgalan, Chief Cabinet Secretary, gave the latest update on current ongoing coal theft.

At the Government meeting held on the 12th December, 2022, it was decided that an international audit to be carried out in regards to the Erdenes Tavan Tolgoi’s financing, mine production and its transportation activities. A Working Group has been established in order to offer an IPO internationally and to open to the public for strategic mines that are currently being possessed by the government and it’s operations such as the Tavan Tolgoi.

As per given update by D.Amarbaysaglan, the state and the private enterprises exported 336.5 million tons of coal between 2011 to 2022, which the sales generated 43 trillion MNT. As per given estimates, the coal theft corruption by the government officials worth 40 trillion MNT are being falsified.