Singapore property tycoon linked to jailed minister pleads guilty

SINGAPORE(National Times)- Property tycoon Ong Beng Seng pleaded guilty to one charge of obstructing justice on Monday in a landmark corruption case that led to the jailing of former transport minister S. Iswaran last year. However, both the prosecution and defence agreed to grant Ong judicial mercy given his chronic illness, and argued for him to be fined in lieu of imprisonment. He will be sentenced on Aug 15. A second charge of abetting an offence was also taken into consideration. Judicial mercy gives courts the authority to give a more lenient sentence in exceptional mitigating circumstances, such as a terminal illness or when imprisonment could pose a high risk of endangering a life. The defence submitted that Ong suffers from multiple myeloma, an incurable cancer that affects his blood plasma cells and renders him immuno-compromised. 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 ($775,000) to deter graft and prides itself on its reputation for clean governance. Ong had informed Iswaran that his associates had been questioned and a private flight manifest with Iswaran’s name on it for a flight from Singapore to Doha had been seized by the corruption watchdog during investigations. This led Iswaran to ask Ong to issue an invoice through Singapore GP, promoter of the Singapore F1 Grand Prix, to bill him for the trip, which prosecutors say Iswaran knew would make it less likely that he would be investigated. Iswaran was sentenced to 12 months in prison in October 2024, the first time a former cabinet member had ever been jailed in Singapore, on charges of obstructing justice and receiving more than $300,000 worth of gifts. In February, Iswaran was put under house arrest for the remainder of his sentence. Ong gave Iswaran tickets to English Premier League soccer matches, the Singapore Formula 1 Grand Prix, London musicals and a ride on a private jet among other favours. Iswaran was an adviser to the Singapore Grand Prix’s steering committee, while Ong, 78, owns the rights to the race. The billionaire stepped down as managing director of Singapore-listed Hotel Properties in April.



Latest News
IMF asks Pakistan to remove fuel price distortions amid subsidy pressures
PM Shehbaz Sharif ‘deeply’ concerned after 3 Pakistani nationals injured in UAE amid Iran conflict
Strait of Hormuz stays sticking point as ceasefire remains elusive
British MPs under fire for promoting Malik Riaz’s Dubai project: report
Sindh flags Tarbela delays, warns of Kharif water crisis
Railways fares to remain unchanged for three months after govt subsidy in Punjab
Trump warns of ‘hell’ as Iran fights back
US president weighs broader cabinet shake-up




Multi Media   
2025 in Review: A Year of Impact and Progress in Brussels
 Multi Media
DPM-FM Senator Ishaq Dar’s High-Level Brussels Visit: Key Highlights
 Multi Media
Embassy of Pakistan 🇵🇰 in Brussels || Quarterly Recap of Activities, Engagements & Outreach
 Multi Media
DPM Dar sends Trump peace prize nomination to Nobel Committee
 Multi Media
Pak Navy Chief Visits Foreign Ships Participating in Ninth Multinational Naval Exercise Aman | ISPR