Bloomberg ordered to pay $356,000 in ministers' defamation suit

This is a duplicate report regarding the Singapore court ruling against Bloomberg for defamation in a case involving government ministers and property transactions. The article details the financial penalty and the outlet's decision to remove the content.
Why it matters
It highlights the intersection of investigative journalism, property transparency, and legal accountability in Singapore.
Share Save Add as preferred on Google Koh Ewe Getty Images 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.
The judge found that when read as a whole, the piece implied wrongdoing by the ministers as it also mentioned secrecy and money laundering.
In a statement published by Bloomberg News, the outlet's editor-in-chief John Micklethwait said it was "very disappointed by this ruling but we will of course respect it".
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