Mining corruption behind Mongolia unrest
Following angry street protests in Ulaanbaatar, the Mongolian government has agreed to open an investigation into the so-called “coal mafia,” a group of state officials and executives accused pilfering the country’s subsurface wealth for personal profit to the tune of some $12 billion. Demonstrators attempted to storm the Government Palace, and blocked the capital’s main boulevard, Peace Avenue. At issue are the vast Tavan Tolgoi coalfields in the Gobi Desert, under exploitation by the Mongolian Mining Corporation, a pillar of the national economy. (Photo via EuroWeekly News)