Mp D.batbayar Responds to Offshore Account Allegations

A searchable database published by the International Consortium of Investigative Journalists (ICIJ) as part of the Panama Papers investigation includes 49 results for Mongolia. One of the Mongolian offshore account holders listed is D.Batbayar, a Member of Parliament with the Democratic Party and former professional sumo wrestler who competed under the name Kyokushuzan Noboru.

Soon after the ICIJ revealed the names of offshore account holders, D.Batbayar made a statement declaring that he does not own an offshore account and that he has not been involved in any offshore companies, and he approached the nation's legislative bodies to have the issue investigated. D.Batbayar gave a follow up statement this week announcing the results of an investigation by the Independent Authority Against Corruption and the Police Department.

There are 49 Mongolians who are involved with offshore accounts according to the ICIJ investigation. My name is included among these 49 Mongolian citizens. Previously, I have admitted that I hold four or five accounts in Japan, but these accounts were opened 20 years ago, when I started practicing professional sumo wrestling. No money from Mongolia was deposited to these accounts, but was withdrawn for transfer to Mongolia.

I asked the Independent Authority Against Corruption, General Intelligence Agency, and the Police Department to double check the data...