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Singapore’s Iswaran gifts scandal: Ong Beng Seng avoids jail, fined US$23,400

Ong Beng Seng, a Singapore-based billionaire hotelier and architect of the city state’s Formula One Grand Prix, was fined S$30,000 (US$23,400) on Friday over a charge of abetting former transport minister S. Iswaran in a gifts scandal. Ong, a 79-year-old Malaysian national, earlier this month pleaded guilty to the charge of abetting Iswaran in obstructing justice, admitting to relaying sensitive information about an ongoing anti-corruption investigation to the then minister. The case has riveted...


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