Singapore ministers awarded close to half a million in damages as Bloomberg loses defamation lawsuit
Summary
Singapore's High Court has awarded two ministers, K Shanmugam and Tan See Leng, a combined S$460,000 in damages after finding Bloomberg and its reporter Low De Wei liable for defamation. The lawsuit stemmed from a December 2024 article titled "Singapore Mansion Deals Are Increasingly Shrouded in Secrecy" which alleged the ministers had structured property dealings to avoid scrutiny. Justice Audrey Lim ruled that the article conveyed a defamatory meaning by suggesting the ministers had deliberately concealed transactions to evade examination for money laundering. The court found the allegations particularly serious as they impugned the ministers' personal integrity and character. Bloomberg and Mr Low were held jointly liable for the full damages, which the ministers have pledged to donate to charity.
(Source:The Independent Singapore)