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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