{"id":8388,"date":"2024-10-04T11:37:50","date_gmt":"2024-10-04T11:37:50","guid":{"rendered":"https:\/\/digitaltradecenter.com\/index.php\/2024\/10\/04\/billionaire-who-brought-f1-to-singapore-charged-in-landmark-corruption-probe\/"},"modified":"2024-10-04T11:37:50","modified_gmt":"2024-10-04T11:37:50","slug":"billionaire-who-brought-f1-to-singapore-charged-in-landmark-corruption-probe","status":"publish","type":"post","link":"https:\/\/digitaltradecenter.com\/index.php\/2024\/10\/04\/billionaire-who-brought-f1-to-singapore-charged-in-landmark-corruption-probe\/","title":{"rendered":"Billionaire who brought F1 to Singapore charged in landmark corruption probe"},"content":{"rendered":"<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugoxtb000me0nq1jmx92i7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            A Singapore court charged a property billionaire on Friday with obstructing justice and abetting offenses by a&nbsp;disgraced ex-transport minister&nbsp;jailed a day earlier in the city-state\u2019s high-profile government graft case.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1uh3b7s000f3b6k35tfnupt@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Ong&nbsp;Beng&nbsp;Seng, the 78-year-old owner of Hotel Properties Ltd&nbsp;and the rights holder to the Singapore Grand Prix Formula One race, is accused of giving high-value gifts to ex-minister S. Iswaran, who on Thursday became the first former cabinet member to be jailed in Singapore.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugp5mb0000356mhqana65p@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            The case has been the subject of major intrigue in Singapore, a wealthy financial hub that offers ministers salaries of more than S$1 million dollars ($771,247) to deter graft and prides itself on its reputation for clean governance.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr2s7000d356mteql3yx1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Iswaran was imprisoned for 12 months for obstructing justice and improperly receiving gifts as a public servant, with Ong a central part of the prosecution\u2019s case.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr2s7000e356mpf6sstyh@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Ong has so far issued no comment on the accusations. Channel NewsAsia said he entered no plea on Friday and did not indicate how he would plead.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr1u8000b356m60gpigz7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Ong\u2019s firm, Singapore-listed Hotel Properties, requested a trading halt early on Friday following Thursday\u2019s announcement that he would be charged.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr8fu000j356mm99l57cb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            During Iswaran\u2019s trial, prosecutors said the ex-minister received gifts worth more than $300,000, including tickets to English Premier League soccer matches, the F1 Grand Prix, London musicals and a ride on a private jet to Doha.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr8fu000k356mlh6mxckz@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Ong was charged with one count of abetting Iswaran\u2019s receiving of valuables and one count of obstruction of justice, according to the charge sheet.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugr7il000h356mzs9ltsk7@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            During Iswaran\u2019s trial, the court heard how the minister had asked Ong to bill him for the Doha trip on the private jet, after he discovered the anti-graft agency had seized the flight manifest for an unrelated case.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugrgp7000p356mny6jcisd@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Justice Vincent Hoong, who presided over Iswaran\u2019s case, said on Thursday the minister\u2019s request to be billed was a deliberate move to obstruct the course of justice and try to evade investigation.    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm1ugrfot000n356mlmzhvote@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">            Channel NewsAsia said Ong\u2019s court hearing was adjourned until pre-trial proceedings on November 15.    <\/p>\n<\/p>\n<div>This post appeared first on cnn.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Singapore court charged a property billionaire on Friday with obstructing justice and abetting offenses by a&nbsp;disgraced ex-transport minister&nbsp;jailed a day earlier in the city-state\u2019s high-profile government graft case. Ong&nbsp;Beng&nbsp;Seng, the 78-year-old owner of Hotel Properties Ltd&nbsp;and the rights holder to the Singapore Grand Prix Formula One race, is accused of giving high-value gifts to <\/p>\n","protected":false},"author":1,"featured_media":8389,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":{"0":"post-8388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world-news"},"_links":{"self":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/8388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/comments?post=8388"}],"version-history":[{"count":0,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/8388\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media\/8389"}],"wp:attachment":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media?parent=8388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/categories?post=8388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/tags?post=8388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}