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CNA
2 days ago
- Business
- CNA
New date set for Ong Beng Seng to plead guilty
SINGAPORE: A new date has been set for property tycoon Ong Beng Seng to plead guilty, court records showed on Monday (Jul 28). He is expected to plead guilty on Aug 4, with the date provided after a pre-trial conference on Monday. The Malaysian faces two charges that correspond to those admitted last year by former transport minister S Iswaran. Ong remains out on bail of S$800,000 (US$630,000). The latest update comes after Ong's case underwent a few sessions of pre-trial conferences. Ong, the 79-year-old former managing director of Hotel Properties Limited, had been set to plead guilty on Jul 3. The hearing was changed to a pre-trial conference after both sides asked for more time to file sentencing submissions. One of Ong's charges is for abetting Mr Iswaran in obstructing the course of justice by helping the latter pay S$5,700 to Singapore GP for a business class flight ticket from Doha to Singapore. This was a delayed payment allegedly made months after the flight itself and only after the Corrupt Practices Investigation Bureau discovered Mr Iswaran's name on the flight manifest when investigating a separate case. Ong is known for bringing Formula 1 to Singapore in 2008. The other charge is for instigating Mr Iswaran to obtain flights and a hotel stay from Ong. This was when Mr Iswaran knew Ong had business dealings linked with his official functions. Mr Iswaran was sentenced to 12 months' jail in October 2024. Hotel Properties Limited previously stated in a Singapore Exchange announcement that Ong would plead guilty to the charge of obstructing justice, and admit to the other charge, which will be taken into consideration for sentencing. Ong stepped down as managing director from Hotel Properties Limited on Apr 29 for medical reasons. CNA earlier reported that he has bone marrow cancer. If convicted of the charge under Section 165 of the Penal Code for abetting Mr Iswaran to obtain valuables, Ong could face a jail term of up to two years, a fine, or both. If convicted of obstructing justice, the charge under Section 204A, Ong could face a jail term of up to seven years, a fine, or both.
Independent Singapore
21-07-2025
- Business
- Independent Singapore
Pre-trial conference for Ong Beng Seng case rescheduled to July 28
YT screencapture SINGAPORE: The pre-trial conference for property tycoon and hotelier Ong Beng Seng has been rescheduled to Monday next week (Jul 28). Mr Ong had been due to plead guilty on Apr 2 in connection with the corruption case involving former transport minister S Iswaran , but he was given more time to obtain medical records from his doctors. In February, it was reported that he was suffering from multiple myeloma , a rare cancer that develops in the plasma cells of a person's bone marrow, and had been undergoing chemotherapy for the illness. The date for Mr Ong to plead guilty was then moved to July 3 , following a Jun 10 pre-trial conference. The businessman, who is based in Singapore, made his fortune as a hotelier and is the managing director of Hotel Properties Limited. As of late 2022, he and his wife, Christina Ong, had an estimated net worth of S$1.75 billion and were listed as the 24th richest people in Singapore. He is best known for his part in bringing Formula 1 to Singapore. As a personal friend of F1 boss Bernie Ecclestone, he helped seal the deal in 2007 that brought the race to Singapore. F1 launched in the city-state in 2008. Former transport minister S Iswaran was, at the time, junior trade minister, and had been involved in negotiations with parties, including Mr Ong's company, Hotel Properties Limited (HPL), and Mr Ecclestone. In 2023, however, Mr Ong was arrested in connection with the scandal involving Iswaran, who was slapped with multiple charges after receiving gifts worth hundreds of thousands of dollars from two businessmen, including Mr Ong. On Oct 4, 2024, Mr Ong was charged in the Singapore District Court with one offence under Section 165 of the Penal Code and another offence under Section 204A of the Penal Code. HPL, which Mr Ong founded and where he had served as managing director, said earlier this year in a Singapore Exchange (SGX) announcement that he would enter a guilty plea to the charge of obstruction of justice. The other charge would be taken into consideration for sentencing. HPL announced on Apr 29 that Mr Ong would step down as managing director 'to devote more time to manage his medical conditions.' Mr Ong's pre-trial conference had originally been set for this Wednesday (Jul 23) but was scheduled for a later date upon request, although who made the request is not indicated in the court system. /TISG Read also: Property tycoon and hotelier Ong Beng Seng to step down as HPL managing director on April 29 to devote more time to cancer treatment () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
CNA
08-07-2025
- Business
- CNA
Property tycoon Ong Beng Seng's case adjourned again
Ong faces two charges, first for abetting Iswaran in obstructing the course of justice by helping the latter pay S$5,700 (US$4,480) to Singapore GP for a business class flight ticket from Doha to Singapore. This was a delayed payment allegedly made months after the flight itself and only after the Corrupt Practices Investigation Bureau (CPIB) discovered Iswaran's name on the flight manifest when investigating a separate case. The second charge is for instigating Iswaran to obtain flights and a hotel stay from Ong. This was when Iswaran knew Ong had business dealings linked with Iswaran's official functions. Ong, known for bringing Formula 1 to Singapore in 2008, was first charged with two offences in October 2024 that correspond to two of the charges Iswaran pleaded guilty to. He was previously set to plead guilty on Jul 3, but this was changed to a pre-trial conference, with a judiciary spokesperson saying both sides had asked for more time to file sentencing submissions. Ong was the managing director of Hotel Properties Limited (HPL), which previously stated in a Singapore Exchange (SGX) announcement that Ong would plead guilty to the charge of obstructing justice, while admitting to have the other charge taken into consideration for sentencing. He stepped down on Apr 29 for medical reasons, according to a bourse filing by the company.
International Business Times
02-07-2025
- International Business Times
Singapore: Real Estate Mogul Ong Beng Seng's Guilty Plea Hearing Postponed
The guilty plea of property tycoon Ong Beng Seng, who is facing two charges related to the case of former transport minister S Iswaran, has been postponed. The 79-year-old was originally set to plead guilty on Thursday, July 3, but he will now appear at a pre-trial conference on July 8 at 9.30 am. Iswaran entered a guilty plea to two charges in September 2024, which Ong was charged with in October 2024. The Malaysian businessman, who is based in Singapore, is charged with helping Iswaran secure a trip to Doha in December 2022 that was fully paid for and cost roughly S$20,850. These consist of a business class flight from Doha to Singapore, a one-night stay at the Four Seasons Hotel Doha, and an outbound flight on Ong's private aircraft from Singapore to Doha. The second charge claims that Ong purposefully assisted Iswaran in May 2023, when the Corrupt Practices Investigation Bureau had started its investigation, by paying S$5,700 to Singapore GP for a business class ticket from Doha to Singapore, thereby aiding and abetting the obstruction of justice. Ong was the managing director of Hotel Properties Limited (HPL), which had previously announced in a Singapore Exchange (SGX) announcement that Ong would enter a guilty plea to the charge of obstructing justice and acknowledge that the other charge would be taken into consideration for sentencing. However, a bourse filing by the company claimed that he stepped down on Apr 29 to "devote more time to manage his medical conditions". Ong has been receiving chemotherapy for bone marrow cancer, and he has already been granted permission to travel overseas for medical reasons. In October 2024, Iswaran received a 12-month prison sentence. After completing his emplacement and leaving prison custody on June 6, he was placed on home detention on February 7.
Malay Mail
02-07-2025
- Politics
- Malay Mail
Malaysian tycoon Ong Beng Seng's guilty plea postponed in Iswaran graft case, pre-trial conference set for July 8
SINGAPORE, July 2 — Property tycoon Ong Beng Seng's guilty plea hearing has been postponed and replaced with a pre-trial conference scheduled for July 8, according to court records. According to The Straits Times, the 79-year-old was initially expected to plead guilty on July 3 to charges linked to former transport minister S Iswaran's corruption case. Ong faces two charges filed in October 2024, mirroring those for which Iswaran pleaded guilty in September last year. The Malaysian-born businessman is accused of abetting Iswaran in securing an all-expenses-paid trip to Doha in December 2022 worth approximately S$20,850, which included flights on Ong's private jet, accommodation at the Four Seasons Hotel Doha, and a business class return flight. A second charge alleges Ong abetted the obstruction of justice by helping Iswaran pay S$5,700 in May 2023 for a flight ticket, after anti-graft investigations had commenced. Hotel Properties Limited (HPL), where Ong served as managing director, previously said in a Singapore Exchange filing that Ong intended to plead guilty to obstructing justice and have the other charge considered during sentencing. Ong stepped down from his role at HPL on April 29, citing the need to focus on managing his medical condition. He is currently undergoing chemotherapy for bone marrow cancer and was previously granted permission to travel abroad for treatment. Iswaran, who was sentenced to 12 months' jail in October, began home detention on February 7 and has been out of prison custody since June 6.
