Billionaire Singapore property tycoon Ong Beng Seng has pleaded guilty to his part in the city-state’s biggest corruption scandal in decades, which led to the jailing of a former minister last year.
Ong, 79, admitted on Monday to offering gifts including a private jet flight to S Iswaran, Singapore’s former transport minister.
The scandal rocked Singapore, a country that has prided itself on its reputation for clean governance and corruption-free bureaucracy. Ministers in the city-state are among the highest paid in the world, earning about S$1mn (US$777,000) a year, partly as a means to discourage corruption.
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