The Actual News

Just the Facts, from multiple news sources.

Singapore court orders Bloomberg to pay $356,000 to ministers in defamation case

Singapore court orders Bloomberg to pay $356,000 to ministers in defamation case

Summary

A Singapore court has ordered Bloomberg and one of its reporters to pay about $356,000 to two government ministers for defamation. The ministers had sued over a 2024 article that linked their property transactions to secrecy and money laundering. The court ruled that the article implied the ministers were involved in wrongdoing.

Key Facts

  • The court ordered Bloomberg and reporter Low De Wei to pay S$460,000 (about $356,000) to ministers K Shanmugam and Tan See Leng.
  • The 2024 article discussed secretive property deals involving expensive mansions called Good Class Bungalows.
  • It mentioned minister Shanmugam selling a bungalow for S$88 million through a trust and minister Tan buying one via a deal that hides buyer details.
  • Ministers claimed the article unfairly connected their deals to illegal activities like money laundering.
  • Bloomberg said the story listed the ministers as examples and did not imply any wrongdoing.
  • The judge ruled the article’s meaning suggested the ministers acted non-transparently to avoid scrutiny.
  • Singapore’s anti-fake news law also required Bloomberg to add a correction notice to the article.
  • Bloomberg removed the article from its website after the court’s decision.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.