Former Singapore Minister Jailed for Receiving Gifts From F1 Tycoon

Published on October 3, 2024

A former Singaporean government minister has been jailed for a year after pleading guilty to obstructing justice and receiving illegal gifts from two businessmen, one of whom owns the rights to the country’s Formula 1 Grand Prix. Iswaran, 62, admitted receiving gifts from Malaysian property tycoon Ong Beng Seng, who owned the rights to the Singapore Grand Prix while the minister was an adviser to the Formula 1 race’s steering committee. A second businessman who gave gifts to Iswaran was Lum Kok Seng, whose construction firm won a lucrative contract to expand a train station in Tanah Merah, Singapore, which is due to be completed next year....

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