He was questioned by the Corrupt Practices Investigation Board (CPIB) about his interactions with Singapore Transport Minister S Iswaran, who is also under investigation.
Singapore-based Malaysian billionaire hotelier Ong Beng Seng, who also owns the rights to the Singapore Grand Prix, is reported to be travelling out of Singapore today after posting a $100,000 bail following his arrest notice.
Under the new agreement, Singapore will host the race till 2028. This is the fourth contract renewal for Singapore and the longest signed so far. The last four-year contract signed in 2017 expired last year.Singapore GP and the Singapore Tourism Board reportedly paid $35 million per Singapore Grand Prix under the previous contract, reportedThe Straits Times and Channel reported the new agreement on January 27 last year without disclosing how much it cost.“Mr S.
“The renewal will help sustain Singapore’s reputation as a global city with a vibrant lifestyle, attracting international visitors as travel rebounds, and generating business revenue and jobs for Singaporeans.”The Straits Times today reporting the arrest notice served on Mr Ong says:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore Transport Minister S. Iswaran assisting in anti-graft probe: 5 key comments'We will maintain a tough, zero-tolerance stance against corruption,' stressed Wong. 'We will continue to uphold stringent standards of honesty, integrity, and probity that Singaporeans expect of their political leaders.'
Read more »
Iswaran to remain in Singapore during CPIB investigation: Prime Minister's OfficeSINGAPORE: Transport Minister S Iswaran will remain in Singapore during his leave of absence amid an ongoing Corrupt Practices Investigation Bureau (CPIB) probe, the Prime Minister's Office (PMO) said on Thursday (Jul 13). In a statement issued in response to CNA's queries, the PMO said
Read more »
Iswaran to remain in Singapore during leave of absence: Prime Minister’s OfficeMr Iswaran will have no access to any official resources and government buildings during this time. Read more at straitstimes.com.
Read more »
PM Lee tells Transport Minister S Iswaran to take a leave of absence while CPIB probe is ongoing - Singapore News'Director of the Corrupt Practices Investigation Bureau (CPIB) briefed me on a case CPIB had uncovered... This would involve interviewing Minister S Iswaran, among others... I have instructed Minister Iswaran to take leave of absence until these investigations are completed,' the Prime Minister said
Read more »
Hotelier Ong Beng Seng issued notice of arrest, out on bail for Iswaran-linked CPIB probeSINGAPORE – Hotelier Ong Beng Seng has been issued a notice of arrest by the Corrupt Practices Investigation Bureau (CPIB) and is cooperating with the anti-graft body to provide information in relation to his interactions with Transport Minister S. Iswaran. Hotel Properties Limited said in a statement to the Singapore Exchange at 7.30am on Friday that no charges have been...
Read more »
Interest Rates & Returns for Singapore Savings Bonds (SSB) July 2023 - Singapore NewsThe Singapore Savings Bond (SSB) is fully backed by the Singapore Government. No capital loss will be incurred, and you can always get your investment amounts back.
Read more »