Singapore Minister Quits After Biggest Graft Case Since 1986

(Bloomberg) — Singapore’s Transport Minister S. Iswaran resigned after being charged with corruption in the biggest political scandal in almost four decades, which has cast a pall on the city-state known for clean governance.

Prime Minister Lee Hsien Loong accepted Iswaran’s resignation as a cabinet minister and lawmaker, according to a statement from Lee’s office. Iswaran, who’s out on bail, rejected the 27 charges against him, including allegedly obtaining tickets to musicals and soccer matches in the U.K.