Why are political scandals and corruption in Singapore so rare?

Why are political scandals and corruption in Singapore so rare?


A sequence of political scandals has rocked Singapore in recent weeks, from corruption probes to inappropriate associations among the politicians. CNBC examines the good reasons why corruption and political scandal are scarce in Singapore, and what it implies for the nation.

A series of political scandals has rocked Singapore in latest months, from corruption probes to inappropriate relationships between politicians. These difficulties have influenced the ruling get together as properly as the biggest opposition occasion.

It started out in May perhaps when two ministers had been investigated for potential abuse of power and conflict of passions when leasing authorities-owned colonial-era bungalows in a posh housing spot alongside Ridout Road. 

The duo was eventually cleared of wrongdoing in a probe led by Singapore’s anti-graft agency. 

Soon right after the Ridout saga, Singapore Transport Minister S Iswaran and lodge tycoon Ong Beng Seng — known for bringing Formula 1 races to the town-state — were being arrested as aspect of a corruption probe. 

The dust from both functions had scarcely settled when customers from each the ruling People’s Motion Occasion and the opposition Workers’ Social gathering resigned above “inappropriate relationships.”  

Felix Tan, a political analyst in Singapore, described the brouhaha about the new scandals: “[Singapore is] pretty much a fantastic exemplar for all countries to be.  

“And when a thing like this transpires, (it reveals that) we are not that best. We have developed up that track record. People assume us to maintain up with that,” he additional.

Watch the movie to locate out why corruption and political scandal are rare in Singapore, and what it implies for the state. 



Source

UK companies seek deeper ties with Europe as Trump tariffs fuel uncertainty, business groups say
World

UK companies seek deeper ties with Europe as Trump tariffs fuel uncertainty, business groups say

The MSC Emma container ship on the dockside at the Port of Felixstowe in Felixstowe, UK, on Thursday, Nov. 20, 2025. Bloomberg | Bloomberg | Getty Images British companies are seeking deeper trade ties with Europe, business groups told CNBC, as U.S. President Donald Trump unveiled a sweeping 15% tariff on all imports after the […]

Read More
Activist hedge funds circle Blue Owl as private credit’s software jitters grow
World

Activist hedge funds circle Blue Owl as private credit’s software jitters grow

Activist hedge fund Saba Capital Management is preparing to swoop down on three Blue Owl Capital private credit funds, two of which recently offloaded some $1 billion of loan assets, as fears grow over software valuations and a broader liquidity squeeze in private markets. Private credit manager Blue Owl’s share price has fallen sharply in […]

Read More
Dow futures drop 250 points as Trump raises tariffs again, sowing confusion: Live updates
World

Dow futures drop 250 points as Trump raises tariffs again, sowing confusion: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images U.S. stock futures fell on Monday after President Donald Trump said he’s raising his global tariffs to 15% following the Supreme Court’s decision to strike down the president’s “reciprocal” tariffs. […]

Read More