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Business Times
9 hours ago
- Business
- Business Times
Ong Beng Seng to plead guilty on Jul 3, in case involving former minister Iswaran
[SINGAPORE] Property tycoon Ong Beng Seng is expected to plead guilty to two charges on Jul 3, in a case involving former transport minister S Iswaran. This was announced after a pre-trial conference on Tuesday (Jun 10). Ong, managing director of Hotel Properties Ltd (HPL), is widely known as the man who brought the Formula 1 night race to Singapore in 2008, and owns the rights to the Singapore Grand Prix. He faces one charge of abetting offences under Section 165 of the Penal Code – which deals with public servants accepting gifts – and one charge of abetting the obstruction of justice. The first charge, for abetting an offence under Section 165, relates to flights and a hotel stay. Ong allegedly offered Iswaran a trip to Doha in December 2022, and arranged for his private jet to fly him there. The flight was worth US$7,700. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up Ong also allegedly made arrangements through race promoter Singapore GP for a one-night stay at Four Seasons Hotel Doha, valued at S$4,737.63, and is said to have offered Iswaran a business-class flight from Doha to Singapore worth S$5,700. The second charge was for allegedly instructing Singapore GP director Mok Chee Liang, in May 2023, to bill Iswaran for the business-class ticket from Doha to Singapore – an action that would have obstructed the course of justice. Those found guilty of offences under Section 165 can be jailed for up to two years, fined, or both. Abetting an offence would result in the same punishment if the offence is committed as a consequence of the abetment. The maximum penalty for obstructing the course of justice is jail time of up to seven years, a fine, or both. Ong previously left Singapore in May to visit England, the United States and Italy between April 28 and May 16 for both medical and work-related purposes.


CNA
5 days ago
- Politics
- CNA
Former Transport Minister S Iswaran completes jail term
SINGAPORE: Former Transport Minister S Iswaran has completed his jail term, the Singapore Prison Service (SPS) told CNA . It said on Friday (Jun 6) that Mr Iswaran had completed his emplacement on the Home Detention Scheme and is no longer under SPS' custody. SPS did not specify when Mr Iswaran concluded his sentence. Mr Iswaran was placed on home detention on Feb 7 this year to serve the remainder of his sentence at his residence under specific conditions. He pleaded guilty on Sep 24, 2024, to four charges under Section 165 of the Penal Code, which forbids all public servants from obtaining any valuable thing from someone involved with them in an official capacity. These were for obtaining valuables from Singapore GP majority shareholder Ong Beng Seng and construction boss Lum Kok Seng while he held portfolios that had official dealings with the two men. Iswaran also pleaded guilty to one charge of obstructing justice by belatedly repaying the cost of a flight to Doha. Another 30 charges under Section 165 were taken into consideration for his sentencing. He was sentenced to 12 months' jail, and he began serving his sentence on Oct 7, 2024.


7NEWS
28-05-2025
- Automotive
- 7NEWS
Daniel Ricciardo: F1 fans in wheelspin as Aussie's likeness featured in ‘Get Race Ready' PepsiCo campaign
Formula One fans around the world have been thrown into a wheelspin after what appears to be a likeness of crowd favourite Daniel Ricciardo bobbed up in advertising for next year's series. The rumour mill around Ricciardo's return to racing for Cadillac in the 2026 season has been idling after the former Red Bull star said he was comfortable to end his career following an unceremonious dumping following the Singapore GP last year, but the latest promotion video has thrown speculation firmly back into gear. Soft drink giant PepsiCo has launched a major advertising campaign after announcing a multi-year deal with the F1 and the silhouette of a driver pumping up the deal looks strikingly like Perth's favourite son. 'Get Race Ready' is the new slogan for the Pepsico, F1 partnership and fans immediately related to the return of Ricciardo and a Cadillac seat. Ricciardo's return would fly in the face of recent reports quoting an F1 paddock insider as saying there is no chance of the Aussie driver will be claiming a seat at Cadillac, or in any other team for the upcoming season. Speaking to GPFans at last weekend's Monaco GP, popular paddock photographer Kym Illman revealed his defiant verdict on Ricciardo's future. When asked whether fans could expect to see Ricciardo back next year, Illman stated: 'No. Not going to fit, absolutely not.' Illman implied he has sources within the paddock who would know for sure, adding: 'I know stuff, he won't be back. 'I think others have reported it, but I feel confident he won't be back' he concluded. Cadillac bosses have stated their intention is to go after an experienced driver in a worldwide search to partner a younger, less seasoned American driver as their two-seat combination for 2026. The 35-year-old Ricciardo fits the experienced driver bill perfectly, but the F1 driver roundabout is such that many top-line pilots are currently also without drives. Valterri Bottas, Zhou Guanyu and Sergio Perez are all currently on the sidelines, with Perez bringing plenty of marketing upside given the huge Mexican, Spanish following he garners. Earlier this year Ricciardo issued a video statement proclaiming his retirement while sipping on a glass of whiskey. 'This is it. I never thought I would have this career. I never thought I'd be here, you know? That's the truth. 'Yes, my dream was to be world champion and there were years along the way where I genuinely felt like it was gonna happen. 'I got close, that's OK. If I were a world champion sitting here today, would it change how I feel or how I view myself, or anything like that? I don't think so. 'Maybe my ego would be big. We don't want that. I have no regrets.' If Cadillac press forward without Ricciardo, the V8 Supercars series organisers have openly said he would be welcome with open arms to drive in their series, and they would do everything to make that happen should the opportunity arise.


West Australian
28-05-2025
- Automotive
- West Australian
Daniel Ricciardo: F1 fans in wheelspin as Aussie's likeness featured in ‘Get Race Ready' PepsiCo campaign
Formula One fans around the world have been thrown into a wheelspin after what appears to be a likeness of crowd favourite Daniel Ricciardo bobbed up in advertising for next year's series. The rumour mill around Ricciardo's return to racing for Cadillac in the 2026 season has been idling after the former Red Bull star said he was comfortable to end his career following an unceremonious dumping following the Singapore GP last year, but the latest promotion video has thrown speculation firmly back into gear. Soft drink giant PepsiCo has launched a major advertising campaign after announcing a multi-year deal with the F1 and the silhouette of a driver pumping up the deal looks strikingly like Perth's favourite son. 'Get Race Ready' is the new slogan for the Pepsico, F1 partnership and fans immediately related to the return of Ricciardo and a Cadillac seat. Ricciardo's return would fly in the face of recent reports quoting an F1 paddock insider as saying there is no chance of the Aussie driver will be claiming a seat at Cadillac, or in any other team for the upcoming season. Speaking to GPFans at last weekend's Monaco GP, popular paddock photographer Kym Illman revealed his defiant verdict on Ricciardo's future. When asked whether fans could expect to see Ricciardo back next year, Illman stated: 'No. Not going to fit, absolutely not.' Illman implied he has sources within the paddock who would know for sure, adding: 'I know stuff, he won't be back. 'I think others have reported it, but I feel confident he won't be back' he concluded. Cadillac bosses have stated their intention is to go after an experienced driver in a worldwide search to partner a younger, less seasoned American driver as their two-seat combination for 2026. The 35-year-old Ricciardo fits the experienced driver bill perfectly, but the F1 driver roundabout is such that many top-line pilots are currently also without drives. Valterri Bottas, Zhou Guanyu and Sergio Perez are all currently on the sidelines, with Perez bringing plenty of marketing upside given the huge Mexican, Spanish following he garners. Earlier this year Ricciardo issued a video statement proclaiming his retirement while sipping on a glass of whiskey. 'This is it. I never thought I would have this career. I never thought I'd be here, you know? That's the truth. 'Yes, my dream was to be world champion and there were years along the way where I genuinely felt like it was gonna happen. 'I got close, that's OK. If I were a world champion sitting here today, would it change how I feel or how I view myself, or anything like that? I don't think so. 'Maybe my ego would be big. We don't want that. I have no regrets.' If Cadillac press forward without Ricciardo, the V8 Supercars series organisers have openly said he would be welcome with open arms to drive in their series, and they would do everything to make that happen should the opportunity arise.


Perth Now
28-05-2025
- Automotive
- Perth Now
Is this the biggest sign yet Ricciardo is returning to F1?
Formula One fans around the world have been thrown into a wheelspin after what appears to be a likeness of crowd favourite Daniel Ricciardo bobbed up in advertising for next year's series. The rumour mill around Ricciardo's return to racing for Cadillac in the 2026 season has been idling after the former Red Bull star said he was comfortable to end his career following an unceremonious dumping following the Singapore GP last year, but the latest promotion video has thrown speculation firmly back into gear. Soft drink giant PepsiCo has launched a major advertising campaign after announcing a multi-year deal with the F1 and the silhouette of a driver pumping up the deal looks strikingly like Perth's favourite son. 'Get Race Ready' is the new slogan for the Pepsico, F1 partnership and fans immediately related to the return of Ricciardo and a Cadillac seat. If you'd like to view this content, please adjust your . To find out more about how we use cookies, please see our Cookie Guide. Ricciardo's return would fly in the face of recent reports quoting an F1 paddock insider as saying there is no chance of the Aussie driver will be claiming a seat at Cadillac, or in any other team for the upcoming season. Speaking to GPFans at last weekend's Monaco GP, popular paddock photographer Kym Illman revealed his defiant verdict on Ricciardo's future. When asked whether fans could expect to see Ricciardo back next year, Illman stated: 'No. Not going to fit, absolutely not.' Illman implied he has sources within the paddock who would know for sure, adding: 'I know stuff, he won't be back. If you'd like to view this content, please adjust your . To find out more about how we use cookies, please see our Cookie Guide. 'I think others have reported it, but I feel confident he won't be back' he concluded. Cadillac bosses have stated their intention is to go after an experienced driver in a worldwide search to partner a younger, less seasoned American driver as their two-seat combination for 2026. The 35-year-old Ricciardo fits the experienced driver bill perfectly, but the F1 driver roundabout is such that many top-line pilots are currently also without drives. If you'd like to view this content, please adjust your . To find out more about how we use cookies, please see our Cookie Guide. Valterri Bottas, Zhou Guanyu and Sergio Perez are all currently on the sidelines, with Perez bringing plenty of marketing upside given the huge Mexican, Spanish following he garners. Earlier this year Ricciardo issued a video statement proclaiming his retirement while sipping on a glass of whiskey. 'This is it. I never thought I would have this career. I never thought I'd be here, you know? That's the truth. 'Yes, my dream was to be world champion and there were years along the way where I genuinely felt like it was gonna happen. 'I got close, that's OK. If I were a world champion sitting here today, would it change how I feel or how I view myself, or anything like that? I don't think so. 'Maybe my ego would be big. We don't want that. I have no regrets.' If Cadillac press forward without Ricciardo, the V8 Supercars series organisers have openly said he would be welcome with open arms to drive in their series, and they would do everything to make that happen should the opportunity arise.