HK website apologises to S'pore leaders over Temasek
article
HONG KONG - Hong Kong-based FinanceAsia.com has apologised to
Singapore's leaders past and present for an article about Temasek,
the Singapore government's investment arm.
The apology, posted on the website on Thursday, said that parts of
an Aug 19 report 'may have been understood to have meant' that
Singapore Prime Minister Lee Hsien Loong, his father Minister
Mentor Lee Kuan Yew, and other family members 'corruptly and
improperly caused Temasek to be owned and managed for the benefit
of their family'.
The article may also have been understood to mean that another
former prime minister, Mr Goh Chok Tong, allowed Temasek to be used
corruptly and improperly, FinanceAsia.com said.
'We admit and acknowledge that these
allegations are completely false and without foundation,' said the
website, which apologised to the men 'for the distress and
embarrassment caused to them by these false
allegations.'
FinanceAsia.com issued a separate apology to Temasek and its
board.
The website said it has agreed to pay unspecified damages 'and to
indemnify them for all costs and expenses incurred by them in
connection with this matter'.