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Singapore orders Bloomberg and three other outlets to correct false claims about property transaction transparency.
The Singapore government has ordered Bloomberg and three other media outlets to publish corrections over articles that made false claims about Good Class Bungalow (GCB) transactions.
The articles incorrectly stated that there are no public records of GCB sales and that the government does not check the identities of property buyers, suggesting a lack of transparency and oversight.
The Ministry of Law clarified that the government requires disclosure of purchaser identities and citizenship for all GCB transactions and that information on property ownership is publicly available.
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Singapur ordena a Bloomberg y otros tres puntos de venta para corregir falsas reclamaciones sobre la transparencia de las transacciones de propiedad.