Law and home affairs minister K Shanmugam and manpower minister Tan See Leng stated in separate Facebook posts that they will be issuing letters of demand concerning an article related to their property transactions.

“We will be taking similar action against others who have also published libellous statements regarding those transactions.

“We take a serious view of the allegations,” they each wrote on Facebook on Monday.

In the article titled “Singapore mansion deals are increasingly shrouded in secrecy”, Bloomberg reported how Singapore’s ultra-wealthy were discreetly purchasing mansions in the country.

The article also mentioned property transactions allegedly involving the ministers.