Incorrect Claim in CNA Article on Lease Buyback Scheme Computation

Debated in Parliament on 15 Oct 2024.

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Hazel Poa questioned the Ministry of National Development regarding the decision not to issue a correction under the Protection from Online Falsehood and Manipulation Act for an article by CNA that incorrectly claimed the Lease Buyback Scheme uses straight-line depreciation for computing sales proceeds. Desmond Lee explained that upon identifying the inaccuracy, the Housing and Development Board notified CNA, which then made the necessary correction, adhering to standard procedures for mainstream media.

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Hazel Poa

Ms Hazel Poa asked the Minister for National Development why the Ministry did not issue a correction direction under the Protection from Online Falsehood and Manipulation Act to CNA when it published an article on 27 August 2024 that included an incorrect claim that the Lease Buyback Scheme computes sales proceeds based on a straight-line depreciation.

Desmond Lee

Upon discovering the inaccuracy in CNA’s report on 27 August 2024 about the Lease Buyback Scheme, the Housing and Development Board informed CNA, which promptly corrected it. This is in line with established practice for mainstream media outlets.

Incorrect Claim in CNA Article on Lease Buyback Scheme Computation | PAPERCUTS

Incorrect Claim in CNA Article on Lease Buyback Scheme Computation

Debated in Parliament on 15 Oct 2024.

Summary written by AI (learn more)

Questions identified by AI (learn more)

Incorrect Claim in CNA Article on Lease Buyback Scheme Computation

Summary

Questions Identified

Full Transcript

Hazel Poa

Desmond Lee

Summary

Questions Identified

Incorrect Claim in CNA Article on Lease Buyback Scheme Computation

Summary

Questions Identified

Full Transcript

Hazel Poa

Desmond Lee

Summary

Questions Identified