Update on Singapore Corruption. 

Last July, Singapore, a country not traditionally known as a hotbed for corruption, indicted their transport minister on corruption and bribery charges. Yesterday, Subramanian Iswaran formally resigned from his post. According to a report by Reuters, Iswaran allegedly took bribes from a Singaporean property magnate called Ong Beng Seng. Records show that in return for advancing Seng’s business interests, Iswaran received tickets to sporting events and musicals and flights on Seng’s private jet. This all comes as a major surprise because, according to Transparency International, Singapore is ranked in the top five of the least corrupt countries in the world, paying their cabinet ministers some of the highest salaries in the world. Iswaran’s fate is still unknown, but one has to assume that Singapore will use him as an example to future ministers of what happens when you take bribes.