SINGAPORE - The Family Court in Singapore has ruled that wealthy widow Chung Khin Chun can cancel former China tour guide Yang Yin'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, worth over $40 million.
The court's decision means that Madam Chung's application to cancel the LPA is valid, but whether the application is successful rests with the Office of the Public Guardian, the newspaper reported.
Yang is in police remand after being charged with 331 counts of falsifying receipts, to make it look like his company received payments for services. It is believed that he did so in order to earn an employment pass, and, subsequently, permanent residency in Singapore.