A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state.
Ong, managing director of Hotel Properties Limited, was arrested last Tuesday, along with Minister of Transport S. Iswaran, according to the country’s anti-corruption agency, the Corrupt Practices Investigation Bureau .Ong was asked by the agency to provide information about his interactions with Iswaran, his company said in a Friday filing to the stock exchange.
Ong was expected to be traveling from Friday and will give up his passport upon returning to Singapore, his firm said, without sharing more details. Ong is also the sole shareholder of the Singapore Grand Prix, organizer of the marquee sporting event, his spokesperson confirmed to CNN.The news about Ong emerged just days after Prime Minister Lee Hsien Loong said he had asked the transport minister to take a leave of absence.Lee’s office did not provide comment Friday regarding Ong’s arrest or more information about who else may be called to help with the case.
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