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Ex-guide in tussle over widow's $40m assets granted bail of $150,000

Former China tour guide Yang Yin was granted bail of $150,000 on Thursday.

This is the latest drama involving Yang, who is embroiled in a legal tussle over the about $40 million worth of assets of 87-year-old widow Madam Chung Khin Chun.

The 40-year-old man was slapped with 320 charges on Wednesday for falsifying receipts made to his company, Young Music and Dance Studio, between 2009 and 2014.

This was in addition to 11 similar charges filed against him last week.

Yang allegedly created receipts for payments for music services such as piano tuition amounting to $450,000. But these payments did not exist.

His passport has been impounded and he is expected to appear in court on Dec 4.


The case so far

Oct 31 Slapped with 11 charges for falsifying receipts made to his company

Nov 5 Slapped with an additional 320 charges for falsifying receipts made to his company

Nov 6 Granted bail of $150,000


Brief history of tussle over $40m assets

2008
Yang befriends Madam Chung while acting as her personal guide on a trip to Beijing

2009
Yang starts living with Madam Chung at her $30m bungalow off Yio Chu Kang Road
He sets up Young Music and Dance Studio with her and obtains an Employment Pass

2011
Yang becomes a Singapore permanent resident

2012
Madam Chung grants Yang a Lasting Power of Attorney (LPA), which gives him say over her financial assets

2013
Yang's wife and two children, now aged two and eight, move into Madam Chung's bungalow

2014
Madam Chung's niece Madam Hedy Mok, 60, sues Yang and his wife for allegedly manipulating her aunt
Yang's wife Weng Yandan returns to China
Yang is arrested for suspected criminal breach of trust
Court issues a temporary suspension of Yang's legal powers

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