Mongolia clears SouthGobi's chief counsel, but graft probe continues
HONG KONG - Vancouver-based coal miner SouthGobi Resources (TSX:SGQ) says its chief counsel has been cleared by Mongolian authorities in a corruption investigation.
The company says it has been notified by the Mongolian Independent Authority Against Corruption that Sarah Armstrong is no longer a suspect and is free to leave the country.
Armstrong, an Australian citizen, had earlier been instructed to stay in Mongolia as part of the probe.
Despite her release, the agency is continuing its investigation into the divestment of certain SouthGobi licences to third parties and the role of government officials in it.
The company says it continues to co-operate fully with the authorities.
SouthGobi is controlled by the Anglo-Australian resources giant Rio Tinto.
The company says it has been notified by the Mongolian Independent Authority Against Corruption that Sarah Armstrong is no longer a suspect and is free to leave the country.
Armstrong, an Australian citizen, had earlier been instructed to stay in Mongolia as part of the probe.
Despite her release, the agency is continuing its investigation into the divestment of certain SouthGobi licences to third parties and the role of government officials in it.
The company says it continues to co-operate fully with the authorities.
SouthGobi is controlled by the Anglo-Australian resources giant Rio Tinto.
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