Ong Beng Seng - The billionaire charged in Singapore’s political gift scandal: a Q&A


Malaysian hotel tycoon Ong Beng Seng arrives at the State Court in Singapore on October 4, 2024. Ong Beng Seng was charged on two counts on October 4 related to the obstruction of justice and abetment linked to Singapore's former transport minister S. Iswaran, who was sentenced October 3 to 12 months in prison for obstruction of justice and accepting illegal gifts. - AFP

SINGAPORE (Bloomberg): Singapore’s most serious ministerial wrongdoing probe since the 1980s has led to charges levied against a billionaire best known for bringing Formula One racing to the city, and who has political ties that go back decades.

Property tycoon and hotelier Ong Beng Seng, 78, was charged with abetting a public servant in obtaining gifts, and separately with obstructing justice. The two charges came more than a year after he was arrested in July 2023 and subsequently released on bail. He did not enter a plea and the case will next be heard on Nov. 15.

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