section_path: Pre-election activities/People's Action Party/Corruption and marital affairs
section_name: Corruption and marital affairs
paragraph_text: Corruption and marital affairs
  
  On 12 July 2023, Lee instructed transport minister S. Iswaran to take a leave of absence and suspended his parliamentary duties after the Corrupt Practices Investigation Bureau (CPIB) summoned Iswaran to assist in a corruption investigation. Chee Hong Tat was appointed as acting transport minister. On 15 July, it was reported that Iswaran had been arrested as part of the investigation and was released on bail on 11 July. The investigation also involved billionaire businessman Ong Beng Seng.
  
  On 17 July 2023, speaker of parliament Tan Chuan-Jin and MP Cheng Li Hui resigned from parliament and the PAP due to an extramarital affair. In a statement, prime minister Lee said their resignations were "necessary" to "maintain the high standards of propriety and personal conduct which the PAP has upheld all these years". On 2 August 2023, Seah Kian Peng succeeded Tan as speaker of parliament.
  
  The CPIB concluded its investigations into Iswaran on 9 January 2024, and the case was handed over to the Attorney-General's Chambers (AGC) for prosecution. A week later, Iswaran resigned as transport minister and from the PAP. He also pledged to repay the government the salary he received since the CPIB investigation began in July 2023. On 18 January, Iswaran was charged in the state courts with 27 offences, including charges of corruption and obstruction of justice, He was the first cabinet minister to face corruption charges after national development minister Teh Cheang Wan in 1986. Chee succeeded Iswaran as transport minister while Grace Fu succeeded him as minister-in-charge for trade relations. Iswaran pleaded guilty to five charges on 24 September and was sentenced for 12 months in jail on 3 October. Iswaran was later placed on house arrest on 8 February 2025.
  
  In October 2024, a S$2.2 billion deal by the National Trade Union Congress (NTUC) to sell its Income Insurance branch to Allianz sparked controversy and was unsuccessful after the government stepped in to cancel the deal. A bill was passed to amend the Insurance Act which requires the Monetary Authority of Singapore to consider the views of the Ministry of Culture, Community and Youth when an application for regulatory approval involves an insurer that is either a cooperative or linked to one.