Singapore Expands Graft Probe to Include Hotel Tycoon Ong

Video Statistics and Information

Video
Captions Word Cloud
Reddit Comments
Captions
What's the latest here? Well, this graph case has had Singapore pretty transfixed. Remember, this is a country with a zero tolerance for corruption, a country where top officials are paid top dollar precisely to discourage corruption. So here we are with a graph case, and now we know that it's now involving en banc, saying he will assist in the probe. He's been given a notice of arrest, but no charges, to be clear. No charges have been made. Now, who is on bail saying you talked about a hotel billionaire there. Was he and his wife, Christina, worth about $1.7 billion among the richest in Singapore, the top 50. And he's also the man who brought everyone to Singapore back in 2008. He is assisting in investigations now. The key takeaway really is the optics. This is a country that's ranked among the least corrupt in the world. Top five, by the way. And this comes at a time when we're on the cusp of an election. And when you take a look at past election issues, it includes the minister's salary. It's been packed to the top dollar when it comes to the private sector. So it begs the question, will this shape the narrative world? It shape the minds of the voters when when elections come, it has to be helped by 2025. Bear in mind as well that the ruling party, it's ruled since the beginning of time and it's seen its support, I guess, eased in a significant way. You know, in recent years, we've seen support at 60% from 70% back in 2015. So the implications on the political scene, as well as the election has, as you said, this is quite rare in Singapore. What are some of the next steps that we have to look forward to now on this probe and investigation? You know, to be fair, Bong, there's been little I guess there's been little from this investigation. All we know are the two men involved being investigated, but we know very little. I think what people are reading into it is that, you know, it is a serious case because the minister has been suspended from his responsibilities. This is the first time in 36 years this has happened and is the most serious case in a very long time for the Lion city. So we await for the details. We really don't know very much about it.
Info
Channel: Bloomberg Television
Views: 127,302
Rating: undefined out of 5
Keywords: David Ingles, Haslinda Amin, S Iswaran, Singapore, Singapore Government, Yvonne Man, graft, probe
Id: Lkj_pEyZiI8
Channel Id: undefined
Length: 2min 30sec (150 seconds)
Published: Fri Jul 14 2023
Related Videos
Note
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.