Stricter punishments to be inflicted for bribery and white-collar crimes

Ulaanbaatar /MONTSAME/ At its regular meeting held on Wednesday, the cabinet considered the draft amendments to the Criminal Code and decided to submit them to the Parliament. The draft amendments suggest important changes to the Law, such as imposing compulsory criminal liability on sentenced with bribery; revising the punishment policy reflected in the General Party of the Criminal Code of Mongolia and ruling that the minimum period for imprisonment sentence to be 6 months; recognizing the purchase of “properties” at higher costs than the average market prices a crime and the scope of violation to contain not only “properties” but also “goods and services”; changing that all crimes included in the Special Part of the Criminal Code were punishable by imprisonment and broader utilization of punishment by forced labor; to lengthen the period for deprivation of rights to hold public and elected offices from two years to five years; and many others. A bill on amending the new wording of the Criminal Code of Mongolia was passed on August 30 of 2016, and was regulated to take force on July 1 of 2017.