A billionaire, best known for bringing the Formula One night race to Singapore, has pleaded guilty to a charge linked to a landmark corruption scandal that shocked the Asian financial hub known for its squeaky clean government.

A Singapore-based billionaire hotelier has pleaded guilty to a charge connected to a rare corruption scandal that shocked the country last year. Ong Beng Seng has admitted to abetting the obstruction of justice by helping ex-transportation minister Subramaniam Iswaran cover up evidence while he was being investigated for corruption.

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.