The Straits Times report on 25 February 2012 conveyed the impression that Mr Lee Hsien Yang’s demands were unreasonable in that they would precipitate the shutdown of TRE. This is inaccurate.
For the record, TRE is not saying that Mr Lee’s demands were unreasonable. Our concern had been that acceding would have opened the floodgates for more demands in the future which would have affected the operation of our site.
We wish to also clarify that at no time did Mr Lee demand any monetary compensation and accordingly, this was never a part of our discussion.
We regret this unhappy episode and have no intention of causing any distress to Mr Lee.
We do not wish to entertain any further media queries on this incident.
http://www.tremeritus.com/2012/02/26/tres-clarification-on-the-st-report-of-25-february-2012/