US seeks forfeiture of former Mongolian PM's New York apartments

U.S. prosecutors said on Tuesday they are seeking to forfeit two New York City apartments purchased by a former prime minister of Mongolia with money siphoned off from a mining contract.

US seeks forfeiture of former Mongolian PM's New York apartments

U.S. prosecutors said on Tuesday they are seeking to forfeit two New York City apartments purchased by a former prime minister of Mongolia with money siphoned off from a mining contract. Federal prosecutors in Brooklyn said former Prime Minister Sukhbaatar Batbold and his family bought the two midtown Manhattan apartments for $14 million.

They said the money came from a $68 million mining contract awarded to Catrison, a company Batbold controlled through trusted intermediaries. Batbold served as Mongolia's prime minister from 2009 to 2012.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.