Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

World News

Singapore ex-Transport minister faces 8 new charges in graft case

by March 25, 2024
March 25, 2024
Singapore ex-Transport minister faces 8 new charges in graft case

SINGAPORE — Singapore’s former Transport Minister S. Iswaran was handed eight more charges in a corruption case on Monday, the anti-graft body said, in one of the city-state’s highest-profile corruption scandals.

The additional charges involved allegations he obtained valuable items worth about S$18,956 ($14,077) while minister from an individual whose business had dealings with the Transport Ministry, the Corrupt Practices Investigation Bureau (CPIB) said in a statement.

Mr. Iswaran now faces a total of 35 charges in a case that has gripped Singapore, a major Asian financial hub that prides itself on a squeaky-clean government that is rarely affected by graft and political scandal.

The last corruption case involving a minister was in 1986 when the national development minister was investigated for allegedly accepting bribes. The minister died before he could be charged in court.

Mr. Iswaran, 61, denies the charges according to local media reports.

Those include corruption and obstructing the course of justice, which were leveled on Jan. 18. If convicted of graft, he could be fined up to S$100,000 or face seven years in prison.

He was arrested in July last year and alleged to have obtained kickbacks worth S$384,340 ($286,181) from property tycoon Ong Beng Seng, partly to advance Mr. Ong’s business interests.

Charge sheets show the favors included tickets to football matches, musicals, a flight on Mr. Ong’s private plane and tickets to the Singapore Formula 1 Grand Prix. Iswaran was advisor to the Grand Prix’s steering committee, while Mr. Ong owns the rights to the race. — Reuters

previous post
Philippines minister dares China to put maritime sovereignty claim to arbitration
next post
Budgeting tips for struggling Gen Z as cost of living crisis makes it harder to save money

Related Posts

UK survey shows signs of cost of living...

April 10, 2024

TikTok CEO expects to defeat US restrictions: ‘We...

April 25, 2024

Bitcoin hits $60,000 as rally snowballs

February 29, 2024

China ready to work with EU to uphold...

February 20, 2024

Sports and music lessons for China’s kids in...

March 13, 2024

SpaceX launches S. Korea’s 2nd spy satellite amid...

April 8, 2024

Israel and Iran agree on ceasefire to end...

June 24, 2025

Taiwan warns of ‘enormous’ Chinese bases near its...

March 20, 2024

Japan braces for life with interest rates after...

March 22, 2024

Anti-LGBTQ+ laws in Ghana and Uganda feel the...

April 18, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • New book exposes Jill Biden’s power grab amid husband’s political demise

      July 8, 2025
    • DeSantis not keen on Musk’s new political party, has another idea for disrupting DC

      July 8, 2025
    • US will ‘have to’ send weapons to Ukraine, Trump says days after Pentagon pause

      July 8, 2025
    • Key advisor called Hunter Biden’s role on strategy call ‘inappropriate’ after he overruled legal guidance

      July 8, 2025
    • Former Biden doctor asks to delay testimony to House committee investigating mental fitness

      July 8, 2025
    • Trump and Netanyahu celebrate ‘historic victory’ against Iran, eye future Middle East peace

      July 8, 2025

    Categories

    • Business (1,296)
    • Politics (6,303)
    • Stocks (904)
    • World News (460)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved