Tuesday, September 24, 2024

Former Singaporean minister pleads guilty to receiving illegal gifts

A former Singaporean cabinet minister pleaded guilty to charges of receiving illegal gifts Tuesday, in the Asian financial hub’s first ministerial criminal trial in nearly half a century. Former Transport Minister S. Iswaran pleaded guilty to one count of obstructing justice and four of accepting gifts from people with whom he had official business. The court set Oct. 3 for sentencing, Channel News Asia reported. Iswaran, 62, was initially charged with 35 counts but in a twist at the start of the trial, prosecutors said they would proceed with only five, while reducing two counts of corruption to receiving illegal gifts. Prosecutors said they will apply for the remaining 30 charges to be taken into consideration for sentencing. No reasons were given for the move. Iswaran received gifts worth over 74,000 Singapore dollars ($57,000) from Ong Beng Seng, a Singapore-based Malaysian property tycoon, and businessperson Lum Kok Seng. The gifts included tickets to Singapore’s Formula 1 race, wine and whisky and a luxury Brompton bike. Ong owns the right to the local F1 race, and Iswaran was chair of and later adviser to the Grand Prix’s steering committee. The Attorney-General’s Chambers said it will decide whether to charge Ong and Lum after the case against Iswaran has been resolved. In mitigation, defence counsel Davinder Singh asked the court to limit any jail term to no more than eight weeks, according to CNA. He said Iswaran had no motive in accepting the gifts other than personal friendship with the men, but he recognized it was wrong to do so and admitted guilt after the graft charges were dropped. There was no suggestion that the government’s impartiality and integrity had been undermined, Singh added. But prosecutors called for a jail term of 6-7 months. Deputy Attorney General Tai Wei Shyong said in his submission that not punishing such acts would send a signal that such acts are tolerated. Singapore ‘s ministers are among the world’s best-paid. Although the amount involved in Iswaran’s case appeared to be relatively minor, his indictment is an embarrassment to the ruling People’s Action Party, which prides itself on a clean image. The last Cabinet minister charged with graft was Wee Toon Boon, who was found guilty in 1975 and jailed for accepting gifts in exchange for helping a businessperson. Another Cabinet minister was investigated for graft in 1986, but died before charges were filed. Iswaran had resigned just before he was charged. His trial comes just over four months after Singapore installed new Prime Minister Lawrence Wong after Lee Hsien Loong stepped down after 20 years.

Wednesday, September 11, 2024

Google faces new antitrust trial after ruling declaring search engine a monopoly

One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology. The Justice Department, joined by a coalition of states, and Google each made opening statements Monday to a federal judge who will decide whether Google holds a monopoly over online advertising technology. The regulators contend that Google built, acquired and maintains a monopoly over the technology that matches online publishers to advertisers. Dominance over the software on both the buy side and the sell side of the transaction enables Google to keep as much as 36 cents on the dollar when it brokers sales between publishers and advertisers, the government contends in court papers. They allege that Google also controls the ad exchange market, which matches the buy side to the sell side. “It’s worth saying the quiet part out loud,” Justice Department lawyer Julia Tarver Wood said during her opening statement. “One monopoly is bad enough. But a trifecta of monopolies is what we have here.” Google says the government’s case is based on an internet of yesteryear, when desktop computers ruled and internet users carefully typed precise World Wide Web addresses into URL fields. Advertisers now are more likely to turn to social media companies like TikTok or streaming TV services like Peacock to reach audiences. In her opening statement, Google lawyer Karen Dunn likened the government’s case to a “time capsule with with a Blackberry, an iPod and a Blockbuster video card.” Dunn said Supreme Court precedents warn judges about “the serious risk of error or unintended consequences” when dealing with rapidly emerging technology and considering whether antitrust law requires intervention. She also warned that any action taken against Google won’t benefit small businesses but will simply allow other tech behemoths like Amazon, Microsoft and TikTok to fill the void. According to Google’s annual reports, revenue has actually declined in recent years for Google Networks, the division of the Mountain View, California-based tech giant that includes such services as AdSense and Google Ad Manager that are at the heart of the case, from $31.7 billion in 2021 to $31.3 billion in 2023, The trial that began Monday in Alexandria, Virginia, over the alleged ad tech monopoly was initially going to be a jury trial, but Google maneuvered to force a bench trial, writing a check to the federal government for more than $2 million to moot the only claim brought by the government that required a jury. The case will now be decided by U.S. District Judge Leonie Brinkema, who was appointed to the bench by former President Bill Clinton and is best known for high-profile terrorism trials including that of Sept. 11 defendant Zacarias Moussaoui. Brinkema, though, also has experience with highly technical civil trials, working in a courthouse that sees an outsize number of patent infringement cases. The Virginia case comes on the heels of a major defeat for Google over its search engine, which generates the majority of the company’s $307 billion in annual revenue. A judge in the District of Columbia declared the search engine a monopoly, maintained in part by tens of billions of dollars Google pays each year to companies like Apple to lock in Google as the default search engine presented to consumers when they buy iPhones and other gadgets.