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Breaking News

Mogul Ong Beng Seng Pleads Guilty In Singapore Gifting Instance Involving Ex-Minister

Asia Business News
Last updated: August 4, 2025 4:01 am
By Asia Business News
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Singapore Crime Corruption Trial

Malaysian resort mogul Ong Beng Seng left the Singapore state court on August 4, 2025. Malaysian resort mogul Ong Beng Seng begged guilty on August 4 to fees connected to the previous transportation preacher of the city state, which was punished to prison for corruption. (Picture by Roslan Rahman/AFP

AFP through Getty Pictures

Resort mogul Ong Beng Seng, that possesses the Solution One Singapore Grand Prix franchise business, shared shame on offenses of blockage of justice if led to an elderly political leader being sent to prison for getting presents.

The previous handling supervisor of provided resort realty confessed Monday that S. Iswaran, a previous transportation assistant, was interfering with the judicial procedure while thinking about one more fee. The claims were connected to trips, resorts and Formula 1 tickets for holiday accommodation in Doha, when Iswaran obtained a Formula 1 ticket from ONG which was led by the previous lawful maker in Singapore.

While Ong, 79, can be punished to prison for as much as 7 years and fined for the criminal offense, or both, his lawyers asked the court to be lax offered the mogul’s clinical problem. ONG was identified with several myeloma, an uncommon kind of bone marrow cancer cells.

While Ong accompanied his attorney in court today, his family members was absent. “The entire experience Mr Ong’s family members has actually been with him and he does not wish to expand the damages triggered to them by showing up in court today,” stated the representative for the Malaysian-born mogul.

ONG, presently on bond, is anticipated to be punished to his sentence on August 15. He surrendered as handling supervisor of resort realty in April.

Ong and his other half Christina have a complete total assets of $1.7 billion. Their resort residential or commercial properties have a huge profile of possessions in 15 nations, consisting of 4 Seasons Resort in Singapore and hotels in the Maldives. The programmer stated last month it remained in discussion with possible companions to redevelop its nearby primary building at Orchard Roadway, a significant purchasing location in Singapore.

TAGGED:BengcaseExMinistergiftingguiltyinvolvingpleadsSengSingaporeTycoon
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