Singapore court charges Hotel Properties owner with obstructing justice
Real Estate

Singapore court charges Hotel Properties owner with obstructing justice

A Singapore court charged a property billionaire with obstructing justice and abetting offenses related to flights and luxury hotel accommodations provided to a disgraced former transport minister, who had been jailed the previous day in a significant corruption case.

Ong Beng Seng, a 78-year-old owner of Hotel Properties and the rights holder for the Singapore Grand Prix Formula One race, is accused of giving high-value gifts to former minister S Iswaran, who became the first former cabinet member to be imprisoned in Singapore.

The case has garnered considerable attention in Singapore, a prosperous financial center known for offering ministers salaries exceeding $1 million to prevent corruption, and for its reputation for clean governance.

Iswaran received a 12-month prison sentence for obstructing justice and improperly accepting gifts as a public servant, with Ong being a key figure in the prosecution's case. Ong, a Malaysian citizen residing in Singapore, has not yet commented on the allegations. According to Channel NewsAsia, he did not enter a plea on Friday and did not specify how he would respond to the charges.

Ong's company, Hotel Properties, which is listed in Singapore, requested a trading halt early on following the announcement of his impending charges.

During Iswaran's trial, prosecutors revealed that the former minister had received gifts valued at over $300,000, including tickets to English Premier League soccer matches, the F1 Grand Prix, London musicals, and a private jet ride to Doha.

Ong faced one count of abetting Iswaran’s acceptance of two flights and luxury hotel accommodations in Doha valued at S$20,848.03, as well as one count of abetting Iswaran in obstructing justice, as stated by the attorney-general's chambers. These charges pertain to two of the 35 charges against Iswaran.

A Singapore court charged a property billionaire with obstructing justice and abetting offenses related to flights and luxury hotel accommodations provided to a disgraced former transport minister, who had been jailed the previous day in a significant corruption case. Ong Beng Seng, a 78-year-old owner of Hotel Properties and the rights holder for the Singapore Grand Prix Formula One race, is accused of giving high-value gifts to former minister S Iswaran, who became the first former cabinet member to be imprisoned in Singapore. The case has garnered considerable attention in Singapore, a prosperous financial center known for offering ministers salaries exceeding $1 million to prevent corruption, and for its reputation for clean governance. Iswaran received a 12-month prison sentence for obstructing justice and improperly accepting gifts as a public servant, with Ong being a key figure in the prosecution's case. Ong, a Malaysian citizen residing in Singapore, has not yet commented on the allegations. According to Channel NewsAsia, he did not enter a plea on Friday and did not specify how he would respond to the charges. Ong's company, Hotel Properties, which is listed in Singapore, requested a trading halt early on following the announcement of his impending charges. During Iswaran's trial, prosecutors revealed that the former minister had received gifts valued at over $300,000, including tickets to English Premier League soccer matches, the F1 Grand Prix, London musicals, and a private jet ride to Doha. Ong faced one count of abetting Iswaran’s acceptance of two flights and luxury hotel accommodations in Doha valued at S$20,848.03, as well as one count of abetting Iswaran in obstructing justice, as stated by the attorney-general's chambers. These charges pertain to two of the 35 charges against Iswaran.

Next Story
Equipment

A Crushing Absence!

Crushing operations have traditionally been associated with noise and the creation of dust – disadvantages that persist despite evolution in the array of available plants. Consequently, some of the further development the industry would like to see pertains to these aspects.“The generation of dust is the biggest problem of a crushing plant; plants should have automatic water sprinkling systems to control the dust generated and this applies to every step of the operations, the jaw crusher, cone crusher and vertical shaft impactor,” says Anup Kumar Jaiswal, Deputy General Manager P&am..

Next Story
Real Estate

What makes a workplace smart?

Smart workplaces are commonly equated with technology and gadgetry. However, as Simran Jain, Interior Designer, Add India Group, says, “A smart office is not just about incorporating cutting-edge technology. It’s about creating an environment that optimises employee experience, boosts productivity, reduces costs and enhances energy-efficiency.”To read the full article Click Here ..

Next Story
Technology

Pushing the Boundaries of Realism

With the real-estate sector contributing around 7.3 per cent to India’s GDP, many sales representatives still rely on printed brochures, often leaving customers to visualise properties on their own – a gap that highlights the growing need for more efficient and engaging property tours. Qubit’s next-gen 3-D visualisation and analytics tool Navigo meets this demand by offering hyper real customisations and personalised 3-D tours of apartments. Ajjay Parge, Founder, Qubit, shares more in conversation with R SRINIVASAN. Excerpts:Please share the journey of Navigo since inception.Navigo ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000