Singaporean-based billionaire Ong Beng Seng, the man responsible for bringing the Singapore Grand Prix to the city state, has pleaded guilty to abetting obstruction of justice.
Mr Ong made the plea on Monday following his involvement in a travel saga that surrounded ex-transportation minister Subramaniam Iswaran.
Singapore GP’s Ong Beng Seng pleads guilty to abetting obstruction of justice
Mr Ong is the rights holder to the Formula 1 Singapore Grand Prix, an event he brought to Marina Bay in 2008.
He also has an interest in the Hotel Properties Limited, a holding company for a raft of hotels in the United States, Asia, and Europe.
In July 2023, he was arrested by the Corrupt Practices Investigation Bureau (CPIB) in connection to an investigation into Mr Iswaran, with charges laid agai