Singapore's High-Profile Graft Scandal: Billionaire Charged

A Singaporean billionaire, Ong Beng Seng, was charged for obstructing justice and abetting offences related to a former transport minister's graft case. Ong, owner of Hotel Properties Ltd and involved with the Singapore Grand Prix, allegedly gave costly gifts to the disgraced ex-minister, S. Iswaran.


Devdiscourse News Desk | Updated: 04-10-2024 12:38 IST | Created: 04-10-2024 12:38 IST
Singapore's High-Profile Graft Scandal: Billionaire Charged
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A court in Singapore has charged Ong Beng Seng, a prominent billionaire, with obstruction of justice and abetting offences linked to a significant government graft scandal.

Ong, who owns Hotel Properties Ltd and holds rights to the Singapore Grand Prix, allegedly provided gifts worth nearly $300,000 to former transport minister S. Iswaran. Iswaran was incarcerated on Thursday, marking him as the first former cabinet member in Singapore to be imprisoned.

This case, which has drawn considerable attention, underscores issues of corruption at the highest levels of government in the city-state.

(With inputs from agencies.)

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