Singapore: Bloomberg ordered to pay $356,000 in ministers' defamation suit
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A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions.
Last year, the ministers, K Shanmugam and Tan See Leng, sued Bloomberg and reporter Low De Wei for a 2024 article which had mentioned their property deals.
Bloomberg said it did not imply any wrongdoing and had used them as examples of a broader trend.
Confirmed
A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions.
Last year, the ministers, K Shanmugam and Tan See Leng, sued Bloomberg and reporter Low De Wei for a 2024 article which had mentioned their property deals.
Bloomberg said it did not imply any wrongdoing and had used them as examples of a broader trend.