Singapore Ministers Sue Bloomberg Over Libelous Article

Singaporean ministers K Shanmugam and Tan See Leng are pursuing legal action against Bloomberg for a December 12 article titled 'Singapore Mansion Deals Are Increasingly Shrouded in Secrecy,' which they claim contains libellous statements about their property transactions. The article discusses secretive dealings in luxury real estate, particularly involving Good Class Bungalows, and implies that the ministers' purchases were part of a broader trend of opacity in Singapore's property market. Both ministers expressed their intent to issue Letters of Demand and indicated they would take similar action against other outlets that echoed the claims. Bloomberg has not commented on the allegations. The ministers emphasized that they take the accusations seriously and have previously faced scrutiny regarding their rental agreements for expensive properties. Singapore's government is noted for its stringent media regulations, which have led to legal disputes with international news organizations in the past.