SINGAPORE - Former China tour guide Yang Yin, who is embroiled in a legal tussle over the $40-million assets of a wealthy 87-year-old widow, will no longer have any say over her welfare and finances.
He is accused of manipulating Madam Chung Khin Chun into making himself her guardian for his personal gain, The Straits Times reported.
On Monday, the Family Court in Singapore ruled that Madam Chung can cancel former Yang's Lasting Power of Attorney (LPA) over her assets.
The Straits Times reported that the court made the decision on Monday, deeming her mentally capable of changing her mind over who should look after her welfare and assets.
The court's decision meant that Madam Chung's application to cancel the LPA is valid, and on Tuesday, her application to revoke the order was confirmed by the Office of the Public Guardian.
The wealthy widow, whose husband died in 2007, has no children and was diagnosed with dementia earlier this year. She made a will in 2010 leaving all her assets to Mr Yang after he moved into her bungalow in 2009.
In 2012, she appointed him her guardian, giving him full control of her assets.
Madam Chung's niece, Madam Hedy Mok, is suing the 40-year-old Yang for abusing his responsibilities under the LPA.