Madam Chung Khin Chun, the elderly widow whose S$40 million assets are at the heart of an ongoing legal tussle, has applied to the Office of Public Guardian to revoke the Lasting Power of Attorney she granted to Chinese national Yang Yin in 2012.
According to Madam Chung's lawyer, the 87-year-old has been medically certified to be mentally capable of doing so. Madam Chung's niece, Madam Hedy Mok, and their lawyers gave this update to reporters on Tuesday (Sep 23).
Yang, 40, is a former tour guide who met Madam Chung in 2008 when she was on holiday in Beijing. He and , and Mr Yang and his family later moved into her bungalow in Gerald Crescent, off Yio Chu Kang road.
The Lasting Power of Attorney (LPA) allows another person to act on one's behalf, in the event he loses his mental capacity, in areas such as financial matters. Madam Chung's lawyer Mr Eugene Thuraisingam said he has met Madam Chung and "received instructions" this afternoon to revoke the LPA.
Mdm Mok's lawyer Peter Dorisamy also said a suit has been filed against Yang for allegedly abusing his powers under the LPA. "He has breached his powers and therefore, certain losses have risen from, we say, those actions and we are recovering loss and damages," said Mr Dorisamy.
At the centre of the saga is the S$30 million bungalow owned by Madam Chung. Madam Mok said the house is now occupied only by the maid, as Madam Chung is currently living with Madam Mok.
Madam Chung was described by Madam Mok as being "very well now". Madam Mok is also applying to the court to be appointed as deputy to Madam Chung, which will give her control over Madam Chung's assets.
Madam Mok said if appointed, she will deal with the assets according to her aunt's original wishes and that is to donate to charity.
Police confirmed on Sep 17 that 40-year-old Yang has been arrested for suspected criminal breach of trust. The Singapore Chinese Chamber of Commerce & Industry had earlier lodged a police report against him for misrepresenting himself as the association's director. - CNA/xy