Ong Beng Seng to Plead Guilty in Singapore April 2

Billionaire property tycoon Ong Beng Seng is set to plead guilty on April 2 to charges linked to former Singapore Transport Minister S. Iswaran, who has been jailed for corruption. Ong faces accusations of abetting Iswaran in receiving gifts, including a flight and hotel stay valued at approximately S$20,848, and obstructing justice by alerting Iswaran about a corruption investigation. His decision to plead guilty follows a pre-trial conference on February 28, where his bail of S$800,000 was extended. Ong, who has an estimated net worth of US$1.1 billion, has been undergoing treatment for multiple myeloma and was previously arrested in 2023 as part of the investigation into Iswaran. The charges against Ong include violations under the Penal Code pertaining to public servants accepting gifts and obstructing justice. As the managing director of Hotel Properties Limited, Ong has continued his role despite the ongoing legal proceedings.