Corrupt Practices Investigation Bureau had already stated publicly that no wrongdoing was found. Both agencies later reiterated that the rentals complied fully with procedures.

In his judgment, Justice Kwek said the article’s framing and omissions would lead readers to believe the ministers had abused their positions. He added that Bloomberg’s subsequent amendments and clarifications did not adequately address the defamatory sting of the original publication.

Bloomberg did not contest liability and apologised in 2023, but the parties could not agree on damages, leading to the court’s assessment. The $230,000 awarded to each minister reflects the seriousness of the allegations and the wide international reach of Bloomberg’s platform.

The ministers said the lawsuit was necessary to correct the public record and safeguard trust in public institutions.