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Originally published by Capital Business
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business
August 4, 2025
2d ago

F1 tycoon pleads guilty in rare Singapore corruption case

F1 tycoon pleads guilty in rare Singapore corruption case

AUG 4 - A Singapore-based billionaire hotelier has pleaded guilty to a charge connected to a rare corruption scandal that shocked the country last year. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Billionaire hotelier Ong Beng Seng has pleaded guilty to abetting the obstruction of justice in a rare corruption case in Singapore. He admitted to helping former transport minister Subramaniam Iswaran conceal evidence while being investigated for corruption, including providing expensive gifts and an all-expenses paid trip.

  • Ong Beng Seng will be sentenced on August 15, with prosecutors recommending a fine due to his poor health.
  • The original maximum jail term for abetting obstruction of justice is seven years.
  • Ong reportedly gave Iswaran over S$403,000 ($311,882; £234,586) worth of gifts, including flights, hotel stays, and event tickets.

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