Hong Kong CNN —A corruption investigation in Singapore has expanded to include Ong Beng Seng, a hotel tycoon best known for bringing the Formula 1 Grand Prix to the wealthy city state.
The agency had earlier launched an investigation into a case involving the transport minister, in a rare corruption probe involving a cabinet-level official.
Ong’s company said he had posted bail of 100,000 Singapore dollars ($76,000) after being given a notice of arrest.
Ong is also the sole shareholder of the Singapore Grand Prix, organizer of the marquee sporting event, his spokesperson confirmed to CNN.
Rare caseThe news about Ong emerged just days after Prime Minister Lee Hsien Loong asked the transport minister to take a leave of absence.
Persons:
Ong Beng Seng, Ong, “, Lee Hsien Loong, Iswaran, CPIB, Lee, Eugene Tan, Bernie Ecclestone, Hoch, Lawrence Wong, ”
Organizations:
Hong Kong CNN, Hotel Properties, Practices, Transport, Singapore, Prix, CNN, Singapore Management University, Party
Locations:
Hong Kong, Singapore, Properties, Maldives, Malaysia, London, Bangkok, Abu