In a developing story, Singapore's transport minister has been arrested in connection with a rare top-level corruption probe that has ensnared a billionaire hotel tycoon, the country's anti-graft body has said. Transport Minister S. Iswaran was "arrested on 11 July 2023" and "subsequently released on bail", the Corrupt Practices Investigation Bureau (CPIB) said in an emailed statement late Friday, confirming the arrest for the first time.
Hotel tycoon Ong Beng Seng, one of Singapore's richest people, was also arrested on the same day and released on bail in connection with the probe, the bureau said.
The bureau has not disclosed details of the investigation that has gripped the city-state, a global financial hub reputed to be among the least corrupt countries in the world. The country is extremely strict in keeping its anti-corruption movement upfront and there is a zero-tolerance policy against corruption in the country.