World

Intrigue in Singapore as ex-minister prepares for rare corruption trial

2024.09.23 21:42

By Xinghui Kok

SINGAPORE (Reuters) – The highly anticipated corruption trial of Singapore’s former transport minister is due to start on Tuesday, in a rare graft case involving a state official in an Asian financial hub that prides itself on a clean governance.

S. Iswaran faces 35 charges in a case that has gripped Singapore, a wealthy city-state where allegations of graft and political scandal are almost unheard of. Iswaran, 62, has rejected the allegations.

He was arrested in July last year and was accused of taking kickbacks worth hundreds of thousands of dollars from property tycoon Ong Beng Seng, partly to advance Ong’s business interests. Ong has not been charged with any offence.

The last corruption case involving a Singaporean minister was in 1986, when the national development minister was investigated for allegedly accepting bribes. The minister died before he could be charged in court.

Iswaran, who joined the cabinet in 2006, is the first Singaporean minister to be tried in court.

If convicted of corruption, Iswaran could be fined up to S$100,000 and face up to seven years in prison.

According to charge sheets, the alleged favours Iswaran received included tickets to English Premier League soccer matches, musicals, a flight on Ong’s private plane and tickets to the Singapore Formula 1 Grand Prix.

Iswaran was advisor to the Grand Prix’s steering committee, while Ong owns the rights to the race.

The first phase of the trial will run until Friday. Iswaran is defended by Davinder Singh, a star litigator whose client list has included the former premier and late founder of modern Singapore, Lee Kuan Yew.

The prosecution team is led by deputy attorney-general, Tai Wei Shyong.

© Reuters. Singapore's former transport minister S. Iswaran arrives at the Supreme Court in Singapore July 5, 2024. REUTERS/Edgar Su/ File Photo

Singapore was among the world’s least corruption countries last year, according to Transparency International’s corruption perception index, bettered only by Denmark, Finland, New Zealand and Norway.

($1 = 1.2908 Singapore dollars)



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 63,133.92 2.10%
ethereum
Ethereum (ETH) $ 2,627.45 1.92%
tether
Tether (USDT) $ 1.00 0.08%
bnb
BNB (BNB) $ 606.44 1.51%
solana
Solana (SOL) $ 146.58 0.99%
usd-coin
USDC (USDC) $ 1.00 0.03%
xrp
XRP (XRP) $ 0.585516 1.49%
staked-ether
Lido Staked Ether (STETH) $ 2,627.82 1.75%
dogecoin
Dogecoin (DOGE) $ 0.108299 0.16%
the-open-network
Toncoin (TON) $ 5.62 1.05%
tron
TRON (TRX) $ 0.151889 0.02%
cardano
Cardano (ADA) $ 0.362322 1.17%
avalanche-2
Avalanche (AVAX) $ 27.28 2.38%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,092.68 1.99%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,900.85 2.16%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 2.05%
weth
WETH (WETH) $ 2,627.05 1.92%
chainlink
Chainlink (LINK) $ 11.30 1.30%
bitcoin-cash
Bitcoin Cash (BCH) $ 339.97 1.90%
polkadot
Polkadot (DOT) $ 4.49 1.85%
near
NEAR Protocol (NEAR) $ 5.26 10.88%
dai
Dai (DAI) $ 1.00 0.11%
uniswap
Uniswap (UNI) $ 6.87 0.32%
leo-token
LEO Token (LEO) $ 5.55 4.33%
litecoin
Litecoin (LTC) $ 66.61 3.17%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,748.77 1.95%
sui
Sui (SUI) $ 1.54 4.42%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.62 2.70%
internet-computer
Internet Computer (ICP) $ 8.69 1.07%
kaspa
Kaspa (KAS) $ 0.163003 2.69%
bittensor
Bittensor (TAO) $ 540.63 0.71%
aptos
Aptos (APT) $ 7.92 0.98%
pepe
Pepe (PEPE) $ 0.000008 3.10%
monero
Monero (XMR) $ 169.68 3.39%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.07%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.403591 0.72%
stellar
Stellar (XLM) $ 0.096055 0.51%
ethereum-classic
Ethereum Classic (ETC) $ 19.03 1.82%
immutable-x
Immutable (IMX) $ 1.75 2.11%
blockstack
Stacks (STX) $ 1.88 6.12%
ethena-usde
Ethena USDe (USDE) $ 0.999404 0.07%
aave
Aave (AAVE) $ 168.49 3.01%
render-token
Render (RENDER) $ 6.08 0.96%
okb
OKB (OKB) $ 39.72 2.45%
crypto-com-chain
Cronos (CRO) $ 0.084653 2.22%
filecoin
Filecoin (FIL) $ 3.76 0.87%
injective-protocol
Injective (INJ) $ 22.31 2.42%
arbitrum
Arbitrum (ARB) $ 0.593526 3.92%
hedera-hashgraph
Hedera (HBAR) $ 0.056797 3.02%
mantle
Mantle (MNT) $ 0.623174 1.90%