No appeal from Bloomberg on Shanmugam, Tan See Leng defamation case
Bloomberg previously declined to comment when CNA asked if it was appealing against the verdict or amount of damages.
Bloomberg has decided not to appeal the defamation lawsuit filed against it and its journalist by Senior Minister K Shanmugam and Minister for Trade and Industry (Energy and Industry) Tan See Leng. This decision was made on the deadline passing two days prior to the deadline, as announced by Mr Shanmugam on Facebook. The news outlet did not file an appeal and Bloomberg declined to comment when asked about the reason behind not appealing, how they intended to split the amount owed to the ministers, and if the payment had been made.
Senior Minister Shanmugam criticized the media organization for their attitude and the use of their money and size to spread falsehoods with impunity in non-Western societies. In July, a court ruled that a Bloomberg article published in December 2024 defamed the ministers, ordering them to pay S$230,000 (US$178,000) in damages each and S$423,000 in costs and disbursements.
The article had claimed that the ministers were involved in secret transactions and money laundering, which Bloomberg and its reporter, Mr Low De Wei, denied.
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