Property tycoon Ong Beng Seng pleaded guilty to one charge of abetting the obstruction of justice on Monday in part of a landmark case that led to the jailing of former transport minister S. Iswaran for obtaining valuable items as a public servant last year.

A billionaire, best known for bringing the Formula One night race to Singapore, has pleaded guilty to a charge linked to a landmark corruption scandal that shocked the Asian financial hub known for its squeaky clean government.

A Singapore-based billionaire hotelier has pleaded guilty to a charge connected to a rare corruption scandal that shocked the country last year. Ong Beng Seng has admitted to abetting the obstruction of justice by helping ex-transportation minister Subramaniam Iswaran cover up evidence while he was being investigated for corruption.