The Singapore government is reviewing again the terms of Singapore’s Formula 1 race deal, and has asked the Singapore Tourism Board (STB) to conduct an audit of the 2022 Singapore Grand Prix, said Minister-in-charge of Trade Relations Grace Fu in parliament on Monday (Feb 5).
Ms Fu said this in response to questions from several Members of Parliament, but did not give more details, saying: “Members will understand that I cannot say more on this at this point.”
MPs had filed several parliamentary questions on the F1 race after former Transport Minister S Iswaran was arrested on corruption charges. The case against the former minister, who was also the Minister-in-charge of Trade Relations, is ongoing.
He faces 27 charges: Two of corruption, one of obstructing justice and 24 of obtaining valuables as a public servant.
