COURT ORDERS FREEZING OF ASSETS OWNED BY YANG YIN’S WIFE

The High Court on Monday (Nov 17) ordered a freeze on the local assets of Madam Weng Yandan, the wife of former tour guide Yang Yin.

Yang, 40, is in the middle of a legal tussle over the assets of 87-year-old multimillionaire Chung Khin Chun. He is currently in remand over a separate criminal case, facing 331 charges of falsifying receipts related to his music and dance company.

According to Yang’s lawyer – Mr Daniel Zhu of Straits Law, who is not representing Mdm Weng – a local Mareva injunction was issued by the High Court against Mdm Weng on Monday. The ruling prevents her from transferring local assets until Dec 17.

Mdm Chung’s niece, Mdm Hedy Mok, on Oct 8 received court permission to include Yang’s wife in the ongoing lawsuit.

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