SINGAPORE – The Family Court on Monday ruled that wealthy widow Madam Chung Khin Chun’s application to cancel former China tour guide Yang Yin’s Lasting Power of Attorney (LPA) over her assets is valid.
The 87-year-old Madam Chung granted Yang the LPA in 2012, but the ruling deems her mentally capable of changing her mind over who should look after her welfare and assets worth $40 million.
The case has been in the spotlight since her niece, Ms Hedy Mok, 60, accused the Chinese male national of manipulating the widow to seize control of the elderly lady’s assets. Yang has been under police remand after being charged with faking 331 receipts of his firm.
The family court may have ruled in Madam Chung’s favour, but the final decision on whether her LPA cancellation is successful rests with the Office of the Public Guardian.