Rare Singapore corruption probe widens to include Grand Prix owner | CNN Business

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A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state

Ong, managing director of Hotel Properties Limited, has been asked by the country’s anti-corruption agency, the Corrupt Practices Investigation Bureau , to provide information about his interactions with Minister of Transport S. Iswaran, the company said in a Friday filing to the stock exchange. The agency had earlier launched an investigation into a case involving the transport minister, in a rare corruption probe involving a cabinet-level official.

Rare case The news about Ong emerged just days after Prime Minister Lee Hsien Loong asked the transport minister to take a leave of absence. Iswaran was “assisting CPIB” with an investigation, Lee said in a Wednesday statement. Lee’s office did not provide comment Friday regarding Ong’s arrest notice or more information about who else may be called to help with the case, which was formally opened on Tuesday. The CPIB has said it is unable to comment on the case pending ongoing investigations.

 

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