ESG

Mongolia anti-corruption body asks for Oyu Tolgoi "information"

Rio Tinto (LN:RIO) and Turquoise Hill Resources (CN:TRQ) look like facing more problems in Mongolia with news the country's anti-corruption authority is after "financial information" from its Oyu Tolgoi operating subsidiary. 

Staff reporter
 Rio and its partners are working on a $5.3 billion underground development at Oyu Tolgoi

Rio and its partners are working on a $5.3 billion underground development at Oyu Tolgoi

Turquoise Hill, which is majority owned by Rio, said the request related to an investigation into "possible abuse of power by authorised officials during negotiation of the 2009 Oyu Tolgoi Investment Agreement"....

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