Singaporean billionaire given arrest notice in anti-graft probe involving country's transport minister

United States News News

Singaporean billionaire given arrest notice in anti-graft probe involving country's transport minister
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Ong, managing director of Singapore-listed hotel owner and operator Hotel Properties Limited, has been asked to provide information on his interactions with Iswaran.

Singapore's anti-graft agency issued an arrest notice for billionaire Ong Beng Seng as part of its investigation involving transport minister S Iswaran.

Earlier this week, Prime Minister Lee Hsien Loong asked Iswaran to take a leave of absence after CPIB revealed Iswaran was assisting with an investigation. In a filing, HPL said no charges have been filed against Ong and that he is fully cooperating with the agency. While he is traveling Friday, the company said Ong will surrender his passport to the Corrupt Practices Investigation Bureau when he returns to Singapore.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hostage Freed After Hourslong Standoff At Las Vegas Strip Hotel Room, Police SayHostage Freed After Hourslong Standoff At Las Vegas Strip Hotel Room, Police SayPolice say a man was arrested and a woman described as his hostage was released unharmed after an hourslong standoff in a room at the Caesars Palace resort on the Las Vegas Strip.
Read more »

Nightly Roundup: Tempe building evacuated; hostage freed after standoff at Las Vegas hotelNightly Roundup: Tempe building evacuated; hostage freed after standoff at Las Vegas hotelRounding out tonight's top stories include a Tempe city building evacuated after an employee opened a letter containing a white powder and a hostage situation ending at a resort on the Las Vegas strip.
Read more »

Singapore’s Temasek has no interest in crypto for now: CNBCSingapore’s Temasek has no interest in crypto for now: CNBCTemasek Holdings, Singapore’s state investment fund with a portfolio worth $286 billion, said it will not look at cryptocurrency-related investments in the near term.
Read more »

Singapore launches corruption probe involving transport ministerSingapore launches corruption probe involving transport ministerS. Iswaran is among several unnamed individuals currently assisting Singapore's Corrupt Practices Investigation Bureau in investigations.
Read more »

New Rosemont tax rebate program could mean $225,000 for hotelNew Rosemont tax rebate program could mean $225,000 for hotelRosemont will give property tax rebates to a hotel and two restaurants under a new program aimed at creating 'parity' among local businesses, village officials said.
Read more »

Singapore anti-graft agency probes transport ministerSingapore anti-graft agency probes transport ministerSingapore's anti-graft agency has launched an investigation into a case involving the city-state's transport minister, a rare high-level probe in a country that prides itself on a government free from corruption.
Read more »



Render Time: 2025-02-21 09:14:09