“Erdenet is Property of People” movement leaders meets parliament member

Politics
en_amarsaikhan@montsame.mn
2016-07-28 11:34:31

Ulaanbaatar /MONTSAME/ Member of the State Great Khural D.Damba-Ochir received Wednesday representatives of the policy council of the movement. The latter informed the MP that they are submitting an inquiry and a demand to the Parliament, Cabinet and the National Security Council, and official letters to the authorities of the Erdenet Mining Corporation (EMC) and the Mongol Copper LLC.

The movement coordinator Ts.Altanshagai said: “We, citizens of Erdenet, contest the purchasing of EMC’s 49%, which belonged to the Russian government, ‘behind curtains’ by allegedly the daughter company of Trade Development Bank (TDB) under organization of the Ch.Saikhanbileg's cabinet, without discussing this issue by parliament”. He noted the movement views that EMC should be the shared property of government, people and private sector.

The official letters request a thorough and official explanation on the legitimacy of the purchasing, the funding sources for the deal, and on the investors of TDB.

Member of the movement’s policy council D.Tsagaach underlined that the EMC staff and generations of its workers consider that a certain amount of the 49 percent shares should be sold to the people, and that this demand has been reflected in the official letters and inquiries.

In response, D.Damba-Ochir MP mentioned that many people have approached him with EMC issue, and, the members of parliament have been likewise giving their opinions during the recent parliamentary meetings.

As per the request of Parliament on establishing a working group to ascertain this matter, the Cabinet have set up a working group headed by Minister J.Monkhbat, he informed. “I am hopeful that the working group will clarify the veracity, only after which the cabinet can consider appropriate measures that should be taken”, he noted. 

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