SG Talk

Bloomberg gets POFMA order over Good Class Bungalow article 

 https://www.channelnewsasia.com/singapor...122024_cna

questions for the article "Corrections regarding false statements of fact by Bloomberg L.P., The Edge Singapore, The Independent Singapore, and The Online Citizen" (dated December 23, 2024):

Accuracy and Fairness
1. What specific fact-checking processes did the Government use to determine the accuracy of the statements made by the mentioned media outlets?
2. How does the Government ensure that its corrections are fair, balanced, and unbiased?
3. Can you provide more information about the criteria used to determine what constitutes a "false statement of fact"?

Transparency and Disclosure
1. Why did the Government choose to issue corrections for these specific articles, and what prompted the decision to do so?
2. Are there any other instances of "false statements of fact" that the Government has identified but not publicly corrected?
3. How does the Government plan to increase transparency and disclosure in its interactions with the media and the public?

Media Freedom and Accountability
1. How does the Government balance its need to correct "false statements of fact" with the need to protect media freedom and promote a free and independent press?
2. What mechanisms are in place to ensure that the Government's corrections do not unfairly target or intimidate specific media outlets or journalists?
3. Can you provide more information about the Government's policies and procedures for engaging with the media and addressing inaccuracies or misinformation?

Fact-Checking and Verification
1. What fact-checking protocols and procedures does the Government have in place to verify the accuracy of information before issuing corrections?
2. How does the Government ensure that its fact-checking processes are impartial, unbiased, and free from political influence?
3. Can you provide more information about the Government's use of external fact-checking organizations or experts to verify the accuracy of information?

Public Trust and Confidence
1. How does the Government plan to rebuild public trust and confidence in its ability to provide accurate and reliable information?
2. What steps is the Government taking to address concerns about misinformation, disinformation, and propaganda in Singapore?
3. Can you provide more information about the Government's strategies for promoting media literacy and critical thinking among the public?

1. Transparency of GCB Transactions:
 
- How accessible is the INLIS portal? Is it user-friendly for the general public, or does it require specialized knowledge or access?
- What specific information is available on INLIS regarding GCB transactions? Does it include details about the purchaser's identity, citizenship, and the ultimate beneficial owner?
- Does the government actively promote the use of INLIS for accessing information on GCB transactions? If so, how is this information disseminated to the public?
- How does the government ensure the accuracy and completeness of the information available on INLIS? Are there mechanisms in place to verify the data and address any discrepancies?
 
2. Caveats and Transparency:
 
- While caveats are not intended for tracking transactions, are there any other mechanisms in place to ensure transparency in GCB transactions? If so, how effective are these mechanisms?
- If a caveat is not lodged, how can the government ensure that the identity of the ultimate beneficial owner is known? What measures are in place to prevent the use of trusts or shell companies to obscure ownership?
- What are the consequences for individuals or entities who fail to comply with disclosure requirements? Are there penalties for providing false information or omitting crucial details?
 
3. Foreign Ownership and AML Framework:
 
- The article mentions no approvals for foreign GCB purchases since 2021. What are the specific criteria for granting such approvals? How are these criteria applied in practice?
- What are the specific measures implemented under the government's "robust" AML framework? Are there specific regulations or guidelines for gatekeepers involved in property transactions?
- How does the government monitor and enforce compliance with AML regulations? What are the consequences for gatekeepers who fail to comply with the framework?
- Does the government have any mechanisms for proactively identifying and investigating potential money laundering activities in GCB transactions?
 
4. POFMA Correction Direction:
 
- What specific content was included in the Correction Direction issued to the media outlets? What specific statements were identified as false?
- What process was followed in issuing the Correction Direction? Were the media outlets given an opportunity to respond to the government's allegations?
- What are the consequences for media outlets that fail to comply with the Correction Direction? How does the government ensure that the corrections are implemented effectively?
 
5. General Transparency and Accountability:
 
- Does the government have any plans to further enhance transparency in GCB transactions? Are there any initiatives to improve data accessibility or introduce new disclosure requirements?
- How does the government ensure accountability for its own actions in regulating GCB transactions? Are there mechanisms in place to address any potential conflicts of interest or misuse of power?

POFMA over which part of the inaccurate news?

Or POFMA because of URA's secrecy?

Ho say la...
Bloomberg deserves it. Ban in Singapore la..🤣