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Former Mongolian PM barred from selling £11m London flat

The former prime minister of Mongolia has been barred from selling his £11m London flat while he is being investigated for corruption.

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.

Located between Harrods and Hyde Park, the flat is part of the 201-flat Knightsbridge Apartments complex developed by Henry Cheng, the Hong Kong property tycoon, in 2005.

The former prime minister has allegedly amassed a £42m international property portfolio, which includes properties in New York, Hong Kong, Russia and Thailand as well as London, using misappropriated funds.

The Times (£)

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