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PM Lee to address S Iswaran investigation in parliament on Aug 2

Bloomberg
Bloomberg • 2 min read
PM Lee to address S Iswaran investigation in parliament on Aug 2
PM Lee will also address the resignations of former parliament speaker Tan Chuan-Jin and fellow ruling party lawmaker Cheng Li Hui. Photo: Bloomberg
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Singapore’s Prime Minister Lee Hsien Loong will make a ministerial statement on the ongoing investigation involving Transport Minister S Iswaran and property billionaire Ong Beng Seng in parliament on Aug 2.

PM Lee will also address the resignations of former parliament speaker Tan Chuan-Jin and fellow ruling party lawmaker Cheng Li Hui, according to an order paper.

The parliament queries included the timeline for the probe’s disclosure. Opposition lawmakers also asked if the government received any requests from the UK related to Formula One mogul Bernie Ecclestone’s alleged undisclosed assets of $650 million in a Singapore bank.

Officials have yet to spell out the scope of their investigation, the first time since 1986 that a Singapore graft probe has involved a senior minister. Iswaran and Ong were arrested July 11 and subsequently released on bail.

Iswaran and Ong, 77, would have interacted over the years as a matter of course, with the minister’s roles in trade and transport intersecting with the tycoon known for helping bring the F1 Grand Prix to Singapore.

Iswaran, 61, has championed the Singapore F1 night race in his various capacities. Ong’s Singapore GP and the Singapore Tourism Board in 2022 secured an extension to host the race through 2028.

See also: S Iswaran assisting in CPIB investigation; to take leave of absence till investigations are completed

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