Singapore court fines tycoon $23,000 over gifts scandal

Billionaire Ong Beng Seng spared jail time on account of health issues

20250815 Ong Beng Seng 2

Businessman Ong Beng Seng, pictured in September 2023 at the Formula One Singapore Grand Prix. © Reuters

DYLAN LOH

SINGAPORE -- Property tycoon Ong Beng Seng has been fined 30,000 Singapore dollars ($23,400) by a Singapore court on Friday over a gifts scandal involving a former cabinet minister that rocked the city-state reputed for clean governance.

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