A Singapore-based property tycoon known for bringing Formula One races to the city-state is cooperating with the anti-graft agency in a case launched earlier this week involving the transport minister, his company said on Friday.
Hotel Properties Limited (HPL) on Friday (July 14) announced that the Corrupt Practices Investigation Bureau (CPIB) has asked its co-founder and managing director, Ong Beng Seng, to provide information on his interactions with Minister for Transport S Iswaran. Popularly known by his initials OBS, Ong, who is Malaysian and has a degree in insurance, earned millions of dollars from accurately.
SINGAPORE, July 14 Malaysian billionaire hotel tycoon Ong Beng Seng has been arrested in relation to anti-corruption investigations involving Transport Minister S Iswaran. Mr.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.