SG government retains rights to terminate funding to SMT if serious wrongdoings are found, says Josephine Teo
Josephine Teo shares that the Singapore government is retaining the right to terminate funding to SPH Media Trust (SMT) if misconduct or serious wrongdoings are discovered.
She also confirms the disbursement of the first funding tranche of the S$900million for SMT in March 2023.
Ms Teo reiterated the government’s decision to continue funding SMT, stressed that trusted news media, enabled by quality journalism, is a public good that cannot be compromised.