Singapore court fines tycoon $23,000 over gifts scandal
Billionaire Ong Beng Seng spared jail time on account of health issues
Businessman Ong Beng Seng, pictured in September 2023 at the Formula One Singapore Grand Prix. © Reuters
DYLAN LOH
August 15, 2025 19:02 JST
SINGAPORE -- Property tycoon Ong Beng Seng has been fined 30,000 Singapore dollars ($23,400) by a Singapore court on Friday over a gifts scandal involving a former cabinet minister that rocked the city-state reputed for clean governance.
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