S5/10Economic
Singapore ministers awarded US$113,000 each in legal costs in Bloomberg libel suit
Singapore’s Senior Minister K. Shanmugam and Minister for Trade and Industry (Energy and Industry) Tan See Leng have each been awarded S$145,000 (US$113,000) in legal costs following their successful defamation suit against Bloomberg and its journalist. A court earlier this month ruled that a December 2024 Bloomberg article on Good Class Bungalow (GCB) transactions had defamed the ministers. Bloomberg and its reporter, Low De Wei, were ordered to pay S$230,000 in damages to each...
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