Singaporean-based billionaire Ong Beng Seng, the man responsible for bringing the Singapore Grand Prix to the city state, has pleaded guilty to abetting obstruction of justice. Mr Ong made the plea on Monday following his involvement in a travel saga that surrounded ex-transportation minister Subramaniam Iswaran.

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.