Saudi Arabia voices deep concern over Gaza famine, condemns Israeli actions    Al Ahli's Ivan Toney says critics fuel their Saudi Super Cup title push: 'No one wants us to win'    Jorge Jesus confident Al Nassr can overcome Al Ahli in Saudi Super Cup final despite Mane absence    Jaissle: Al Ahli eager to set the tone with Saudi Super Cup win over Al Nassr    Al Ittihad loan Marwan Al-Sahafi to Belgium's Royal Antwerp    Riyadh deputy emir rides self-driving car to airport, reviews expansion projects    Saudi aid convoy delivers food supplies to Gaza families    Saudi, Egyptian ministers discuss boosting industrial integration    Saudi Arabia, Syria to host first joint private-sector investment forum on Sunday    Riyadh data center capacity surpasses 114 MW    Saudi logistics council reviews SILZ strategy, King Salman airport, and NEOM-Arar corridor    Carmen opera to debut in Saudi Arabia this September    IMF applauds Saudi tourism sector for its impressive growth    Saudi – Egyptian meeting discusses shared visions for strategic relationship    Appeals court throws out Trump's $500m civil fraud penalty    Thai court to rule on former PM Thaksin's royal insult case    A 95-year-old POW wants to return to North Korea to die    CONTINUUM '25: Diriyah Art Futures to launch its first exhibition for emerging new media artists    First batch of Saudi National Orchestra and Choir Program graduated    Diriyah Contemporary Art Biennale 2026 to open Jan. 30 with expanded curatorial team    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



F1 tycoon fined $23,000 in Singapore gift scandal
Published in The Saudi Gazette on 15 - 08 - 2025

A Singapore-based billionaire has been fined $23,400 (S$30,000; £17,251) after he had earlier pleaded guilty to a charge connected to a gift scandal that shocked the country last year.
Hotel tycoon Ong Beng Seng had admitted to abetting the obstruction of justice by helping ex-transport minister Subramaniam Iswaran cover up evidence while the latter was being investigated for corruption.
Ong gave expensive gifts, including an all-expenses paid trip with a private jet ride, to Iswaran while they were engaged in official business.
The 79-year-old had faced a maximum penalty of seven years in jail but a judge said "judicial mercy" would be granted in light of his poor health.
Ong suffers from multiple myeloma, a rare bone marrow cancer.
At his sentencing on Friday, Judge Lee Lit Cheng said that an appropriate sentence for Ong would have been three months in jail, but imprisonment could "endanger [his] life".
In December 2022, Ong had invited Iswaran on a trip to Qatar, saying he would take care of his expenses, which included hotel accommodation and a flight to Doha on Ong's private jet.
Iswaran accepted the invitation but said he would need to return to Singapore on a specific date, with Ong responding that he would arrange for him to travel from Doha to Singapore on a commercial flight.
But Iswaran only asked Ong's company to bill him for the business class ticket home, said to be worth S$5,700, after he found out that Singapore's corruption bureau was looking into that flight as part of an investigation into a different case involving Ong's associates.
Ministers in Singapore cannot keep gifts unless they pay the market value of the gift to the government, and they must declare anything they receive from people they have business dealings with.
Singapore's lawmakers are among the highest-paid in the world, with leaders justifying the handsome salaries by saying it deters corruption.
The two men were arrested in July 2023 and charge sheets revealed that Iswaran had received more than S$403,000 ($311,882; £234,586) worth of flights, hotel stays, musicals and grand prix tickets.
At the time of the offences, Iswaran was in the government's F1 steering committee and the chief negotiator on F1-related business matters.
Prosecutors had argued that while Ong was pivotal in Iswaran's attempt to cover his tracks, he was much less culpable than Iswaran, who had been a sitting minister.
Ong's lawyers had argued that he "simply complied" with the plan thought up by Iswaran.
Born in Malaysia in 1946 - which was then Malaya - Ong moved to Singapore as a child and founded a hotel and property company in the 1980s.
Ong helped bring the F1 Grand Prix to Singapore and his company Hotel Properties Limited (HPL) has brands like the Four Seasons and Marriott operating under it.
Hotel Properties Limited had earlier in April said that Ong would step down as its managing director to "manage his medical conditions". — BBC


Clic here to read the story from its source.