Billionaire Ong Beng Seng's guilty plea postponed pending doctor's report
By Andrea Tan
(Bloomberg) — Billionaire Ong Beng Seng will plead guilty at a later date than originally expected in a case related to a former Singapore government minister who was jailed for obtaining gifts from the property tycoon.
'Mr. Ong has requested for more time to obtain more detailed reports from his doctors on his medical condition, and the ongoing monitoring and treatment required,' a spokesperson for Ong said in a statement on Wednesday (26 March). Prosecutors didn't object to the delay, court documents show.
Ong, 79, was scheduled to plead guilty on 2 April to one charge of obstructing justice. Another charge of abetting a public servant in obtaining valuables will be taken into consideration for sentencing.
Ong, the managing director of Hotel Properties Ltd., was charged in October and is out on a bail of S$800,000 (US$598,000). The next closed door hearing is set for 25 April.
The real estate firm has said Ong 'continues to be suitable to carry out his duties and responsibilities.'
More stories like this are available on bloomberg.com
©2025 Bloomberg L.P.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
37 minutes ago
- Bloomberg
Keep the Portfolio Tilt Toward Risk, Lombard Odier's Lee Says
Lombard Odier's Homin Lee says investors should "keep the portfolio tilt toward risk" as latest developments suggest that "we're still in the middle of the deal making phase in the Trumpian trade policy." Lee discusses his outlook for global equities on Bloomberg Television. (Source: Bloomberg)


Bloomberg
2 hours ago
- Bloomberg
South Korea's Retail Investors Push for Change Among Corporate Laggards
South Korea's small investors are trying to shake up the country's creaky corporate landscape. Gathering on social media platform like KakaoTalk and dedicated shareholder apps, their aim is to give a jolt to Korea's famously undervalued stock market. Bloomberg TV's Shery Ahn explains. (Source: Bloomberg)
Yahoo
2 hours ago
- Yahoo
LA Clashes Escalate; Trump Considers Deploying Marines
Demonstrations over U.S. immigration raids intensified for a third consecutive day in the Los Angeles area, with thousands of protesters clashing with security forces outside a downtown federal detention center. Bloomberg's Alicia Caldwell provides context on the latest developments in a segment on Bloomberg's The Asia Trade. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data