Mongolian transport minister to resign over financial scandal

ULAN BATOR, Dec 3 (Xinhua) Mongolian Road and Transport Development Minister Yangu Sodbaatar has submitted his resignation over a scandal involving financial irregularities, authorities said on Monday.
"Sodbaatar has submitted his resignation letter voluntarily," head of the Mongolian cabinet secretariat Gombojav Zandanshatar told reporters.
Members of the Mongolian parliament and government and other high-ranking officials were reported late October to have obtained a number of loans with low interest rates from a fund that serves small and medium-sized enterprises.

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