October 30, 2012

SouthGobi Lawyer Met Anti-Corruption Agency, Stays in Mongolia - Bloomberg

SouthGobi Lawyer Met Anti-Corruption Agency, Stays in Mongolia - Bloomberg: "SouthGobi Resources Ltd. (SGQ), controlled by a unit of Rio Tinto (RIO) Group, said its legal counsel who was barred from leaving Mongolia last week had met with the country’s anti-corruption agency to assist an investigation.
Sarah Armstrong, a Hong Kong-based Australian, met the Independent Authority Against Corruption on Oct. 26 and remains in Mongolia, Vancouver-based SouthGobi said today in an e-mailed statement. SouthGobi continues to “fully cooperate” with the investigation, it said.
SouthGobi, controlled by Rio Tinto’s 51 percent owned unit Turquoise Hill Resources Ltd. (TRQ), said in an Oct. 23 statement that none of its employees have been charged with any crimes. The company said May 8 that Mongolia’s anti-corruption agency had asked one of its units for information for an investigation into a third party."

'via Blog this'