Tycoon Ong Beng Seng pleads guilty in corruption case

A billionaire hotelier in Singapore begged He’s guilty of an accusation of a rare corruption scandal that shocked the country last year.

Ong Beng Seng admitted that former Transport Minister Subramaniam Iswaran agreed to prevent justice by helping to cover evidence while investigating for corruption.

Ong was accused of giving expensive gifts to Iswaran while dealing with official jobs, a trip to Formula 1 Grand Prix and a special jette journey.

The ministers in Singapore cannot keep gifts unless the government pays the market value of the gift and declare everything they receive from the people they have business relations.

In Iswaran’s punishment last October, the Court heard that Iswaran had asked Bill for Business Class flight after discovering that Iswaran was investigated.

The judge said he was acting with negotiation and foresight to prevent the investigation.

On Monday, Ong was found guilty for helping Singapore Grand Prix for the flight ticket from Doha to Singapore on Monday on Monday.

Judge said Ong’s sentence will be made on August 15th.

Ong is sentenced to up to two years in prison for a gift, while a maximum imprisonment for the prevention of justice is seven years.

79 -year -old is accused of supporting Iswaran to obtain a trip paid to Doha, which is said to be worth 20,850 s ($ 16.188 $ 12.194).

The two men were arrested in July 2023, and the accusation Sheets showed that Iswaran was more gifts than $ 403,000 ($ 311.882; $ 234.586) than the Grand Prix tickets.

During the crimes, Iswaran was in the government’s F1 orientation committee and was the chief negotiator on business issues related to F1.

Ong has helped to bring the F1 Grand Prix to Singapore and has brands such as Hotel Properties Limited (HPL), Four Seasons and Marriott.

Singapore’s deputies are among the highest wages in the world, and leaders justify handsome salaries, saying that they are fighting corruption.

Born in Malaysia in 1946, Ong moved to Singapore as a child and founded a hotel and real estate company in the 1980s.

Ong has a rare bone marrow cancer, and the court previously allowed to travel abroad for medical and working purposes.

Hotel Properties Limited said he would resign as “Manage Medical Conditions” at the beginning of April.