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Mongolian leader barred from selling £11m London flat www.thetimes.co.uk
The High Court has ordered that an £11 million London flat believed to be owned by the former prime minister of Mongolia cannot be sold or transferred during an international £185 million corruption and money-laundering investigation.
Sukhbaatar Batbold, the prime minister of Mongolia between 2009 and 2012, has been accused of receiving hundreds of millions of dollars from kickbacks in illegal deals involving the nation’s two largest mines.
Judge Mark Pelling, QC, granted the freezing injunction on the flat within the Knightsbridge Apartments block on November 18.
Located between Harrods and Hyde Park, the Knightsbridge is a 201-flat complex developed by Henry Cheng, the Hong Kong property tycoon, in 2005.
Published Date:2020-12-23
