{"id":2512,"date":"2013-06-16T18:18:31","date_gmt":"2013-06-16T22:18:31","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=2512"},"modified":"2013-06-16T18:18:31","modified_gmt":"2013-06-16T22:18:31","slug":"mongolia-president-in-mining-fraud-charge","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=2512","title":{"rendered":"Mongolia president in mining fraud charge"},"content":{"rendered":"

See also “Mongolia reassures mining investors”,<\/a> posted April 17, 2013 and “The American Who Bought Mongolia”<\/a>, posted May 24, 2013.<\/em><\/p>\n

\n

News Track India<\/strong><\/p>\n

\"\"
Tsakhiagiin Elbegdorj<\/figcaption><\/figure>\n

ULAN BATOR, Mongolia — In a daring act of fraud that has the potential of jeopardising his re-election in the June 26 presidential polls, Mongolian President Tsakhiagiin Elbegdorj and his close associates ingeniously duped a South Korean investor into buying a license for a gold mine that, after due diligence, was discovered to have no gold value at all.<\/p>\n

This deception was carried out in mid-2012, but the Mongolian Government was able to use its influence to keep it under the wraps until now.<\/p>\n

Mongolia’s economy is growing rapidly as a result of a mining boom.\u00a0Leading investors describe Mongolia as the “Kuwait of Central Asia”, but rampant corruption, political infighting and a still-incipient judicial system could hold its development and progress back.<\/p>\n

The country has vast and largely untapped mineral deposits of copper, gold and coal, but until recently, has remained largely on the breadline.<\/p>\n

Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In a daring act of fraud that has the potential of jeopardising his re-election in the June 26 presidential polls, Mongolian President Tsakhiagiin Elbegdorj and associates ingeniously duped a South Korean investor.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[78],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2512"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2512"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2512\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}