Singapore Transport Minister’s Arrest May be Tied to F1 Renewal

F1 tycoon, hotelier said to have hosted transport minister in London

Jul 14, 2023

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By: Andy Wong Ming Jun

The July 14 arrest of billionaire tycoon Ong Beng Seng, one of Singapore’s richest men and a society fixture who brought Formula One Grand Prix racing to the city in 2008, may have stemmed from the rumored gift of benefits for Transport Minister S Iswaran related to keeping the race going in the city state, according to texts circu…

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