DEFAMATION SUITÂ
The Bloomberg article opened with a line: “Singapore’s ultra-rich are increasingly cloaking their purchases of mansions in the city-state in secrecy.”
After referencing a S$3 billion money laundering scandal and how criminals linked to the case were convicted, jailed and deported, the article said buyers of high-end homes would rather keep their purchases under the radar.
The article then named Dr Tan and Mr Shanmugam and referred to their respective GCB transactions.
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