Ministers suing him over his Facebook posts about their rental of state-owned bungalows
SINGAPORE: Lee Hsien Yang took to social media on Thursday afternoon suggesting an independent arbitration as a means of resolving the defamation suit between himself and Ministers K Shanmugam and Vivian Balakrishnan.
Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court. According to the Law Society of Singapore, an arbitral award made by an arbitrator is binding on the parties to the dispute. This means that the parties must comply with the decision of the arbitrator or arbitral tribunal. A party can choose to enforce an arbitral award against the other party by registering the award with the relevant court.