Singapore's Prime Minister Lee Hsien Loong slashed the salary of Transport Minister S Iswaran, after the Cabinet official was arrested last month in relation to a graft probe. Iswaran's pay was cut to S$8,500 (US$6,300) per month until further notice, the prime minister said. That's an 82% cut from the lower-end of the base ministerial salary of S$46,750 in Singapore, where political leaders are among the best paid in the world. Addressing parliament on Wednesday, the prime minister said the graft investigations are still ongoing and he was unable to provide more details on the case.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-08-02-story-h-243830398-Singapore_s_PM_slashed_arrested_minister_s_pay_amid_graft_probe

#i3investor