Singapore-based Malaysian F1 tycoon Ong Beng Seng pleads guilty to abetting obstruction of justice in case involving ex-minister
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Singapore-based Malaysian tycoon Ong Beng Seng pleaded guilty to abetting obstruction of justice related to former Transport Minister S. Iswaran. Ong admitted to covering costs for Iswaran's trip to Doha, including a private jet flight and hotel stay, without proper declaration. Iswaran was previously sentenced to 12 months for corruption. Due to Ong's advanced cancer, judicial mercy may be granted, potentially avoiding jail time. Sentencing is deferred to August 15. Ong, previously managing director of Hotel Properties Limited, has a net worth of US$1.7 billion with his wife.
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