F1 patrons confessed in Singapore in a rare corruption case

F1 patrons confessed in Singapore in a rare corruption case

The real estate magnate ONG Beng Seng admitted an indictment on Monday for aid for the

Details of the indictment

Ong had informed Iswaran that his employees had been interviewed and that a private flight manifesto, on which Iswaran's name was recorded for a flight from Singapore to Doha, was confiscated by the anti -corruption authority during the investigation. This prompted Iswaran, ONG to ask an invoice for the Singapore GP, the organizer of the Formula 1 race in Singapore, to bill it for the trip. According to the prosecutors, Iswaran knew that this would reduce the probability of an investigation.

judgment against Iswaran

Iswaran was sentenced to 12 months in prison in October 2024 after he was charged with the disability of the judiciary and the maintenance of gifts worth over 300,000. This was the first time that a former cabinet member in Singapore was imprisoned. In February Iswaran was put under house arrest for the rest of his punishment.

gifts and favors

ONG had given Iswaran tickets for games from the English Premier League, the Formula 1 race in Singapore, musicals in London and a ride on a private jet, including. Iswaran was a consultant for the steering committee of the Singapore Grand Prix, while ONG, 79, has the rights to the race.

resignation of ONG

The billion -dollar -rich resigned in April as the managing director of Hotel Properties, a company listed in Singapore.

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