Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    WORLD NEWS

    F1 tycoon pleads guilty in rare Singapore corruption case

    KahawaTungu ReporterBy KahawaTungu ReporterAugust 4, 2025No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    A billionaire hotelier has pleaded guilty to abetting offences in a rare corruption case that gripped Singapore and landed a former minister in jail.

    Ong Beng Seng is accused of giving expensive gifts, including tickets to the Formula 1 Grand Prix, hotel stays and a ride on a private jet to ex-transportation minister Subramaniam Iswaran while they were engaged in official business.

    Ministers in Singapore cannot keep gifts unless they pay the market value of the gift to the government, and they must declare anything they receive from people they have business dealings with.

    The case shocked many in Singapore, a financial hub that prides itself on a squeaky clean image.

    The two men were arrested in July 2023, in a rare corruption scandal that gripped the country.

    Charge sheets revealed that Iswaran was gifted more than S$403,000 ($311,882; £234,586) worth of flights, hotel stays, musicals and grand prix tickets.

    Singapore’s lawmakers are among the highest-paid in the world, with some ministers earning more than S$1 million ($758,000). Leaders justify the handsome salaries by saying it combats corruption.

    Mr Ong helped brought the Formula 1 Grand Prix to Singapore and his company Hotel Properties Limited (HPL) has brands like the Four Seasons and the Hard Rock Hotel operating under them.

    At the time of the offences Iswaran was in the government’s F1 steering committee and the chief negotiator on F1-related business matters.

    Mr Ong has been accused of abetting Iswaran in obtaining an all expenses paid trip to Doha, said to be worth around S$20,850 ($16,188; £12,194).

    He is also charged with abetting the obstruction of justice by helping Iswaran make a payment to the Singapore Grand Prix for a business flight ticket from Doha to Singapore.

    He faces up to two years in jail for abetting a public servant in obtaining gifts, while the maximum jail term he faces for the abetment of obstruction of justice is seven years.

    Born in Malaysia in 1946, Mr Ong moved to Singapore as a child and founded a hotel and property company in the 1980s.

    Mr Ong has a rare bone marrow cancer, and the court previously allowed him to travel abroad for medical and work purposes.

    His company, Hotel Properties Limited, had earlier in April said that Ong would step down as its managing director “manage his medical conditions”.

    By BBC News

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Ong Beng Seng Singapore
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    KahawaTungu Reporter
    • Website

    Email: Editor@Kahawatungu.com

    Related Posts

    US charges Cuba’s Raúl Castro with murder over 1996 downing of two planes

    May 21, 2026

    SpaceX files for IPO that could make Elon Musk a trillionaire

    May 21, 2026

    US military jets and drones tracked near Cuba as tensions rise

    May 21, 2026

    Comments are closed.

    Latest Posts

    Beatbot AquaSense X vs AquaSense 2 Ultra: Which One Should You Choose?

    May 21, 2026

    KNH Introduces Advanced Technology for Haemorrhoids Treatment

    May 21, 2026

    KCB Group Posts KSh24.4 Billion Pre-Tax Profit in Q1 2026

    May 21, 2026

    Rod Stewart Net Worth

    May 21, 2026

    Dennis Cholowski Siblings: Get to Know Frederick Cholowski

    May 21, 2026

    Jaden Schwartz Siblings: All About Mandi and Rylan Schwartz

    May 21, 2026

    Jamie Oleksiak Siblings: Meet Jake, Hayley and Penny Oleksiak

    May 21, 2026

    Court Upholds Mbeere North MP’s Election, Dismisses Petition Challenging Results

    May 21, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.