Yang Yin thread: "Money, I love you!"

[Froggy]

She was allowed to leave Sgp?

Yes of course like Mas Salamat la

 

[laksaboy]

Yes of course like Mas Salamat la

Huang Na's murderer, hit-and-run Romanian diplomat, Suntec brawl's ang mohs who jumped bail... etc.

 

[gongkia]

富婆发传票向杨家索赔
杨寅父母妻败诉

杨寅被指侵占富婆财产一案又有新进展！杭州家门贴传票，杨寅妻子与父母没有回应，被判败诉。

中国籍前导游杨寅（41岁）被指侵占富婆钟庆春（88岁）4000万元财产一案引起全城瞩目。为保住自己的财产，富婆除了推翻持久授权书和立新遗嘱，也展开索赔官司，起诉杨寅、杨妻、杨寅父母和女担保人王玉莱。法庭于去年10月将杨妻翁燕丹（34岁）列为第二答辩人，并于12月将杨寅父母杨三男（71岁）及何翔兰（67岁），以及女导游列为案件答辩人。索赔金额估计相信高达1000万元。

代表富婆起诉杨寅等人的外甥女莫翠玲（61岁，旅行社老板），4月份委托中国律师到杨寅父母的公寓住家发送传票。由于当时无人在家，律师因此把传票贴在大门上。

http://news.omy.sg/News/Local-News/story20150626-355860

 

[Sterling]

Re: Yang yin saga: Wealthy widow to sell her bungalow as she has no money left

this knnnb still haven't kechiang?

 

[Ambulance]

Huang Na's murderer, hit-and-run Romanian diplomat, Suntec brawl's ang mohs who jumped bail... etc.

halo ang moh siang tua ki suntec ang mohs jump bail kum lan ah

 

[Prodigy]

Tussle over widow's assets: Former China tour guide Yang Yin has 'arguable case'

Mr Yang Yin in a police car on Nov 5, 2014.PHOTO: ST FILE

Published 19 August 2015
K.C. Vijayan
Senior Law Correspondent

SINGAPORE - The tour guide facing a civil lawsuit over his alleged control of a widow’s $40 million assets has an “arguable case”, a High Court judge has ruled.

Justice Judith Prakash said this in judgement grounds released yesterday, which explain why she ordered the release of Mr Yang Yin’s $98,000 insurance policy to help him pay his legal bills.

“Looking at the events that occurred from 2008 until the end of 2010, I was satisfied that Mr Yang had an arguable case of gift in response to (the rich widow)’s claim,” she wrote.

But the judge stressed she was not examining the merits of his case or Madam Chung’s, adding “at this stage I am simply looking at the circumstances in the round to ascertain if Mr Yang can put forward an argument.

“Whether this argument succeeds will depend on how the evidence develops at the trial, including in relation to the undue influence contention.”

Mr Yang, 44, is being sued for damages by Madam Chung Khin Chun, 88, through her niece Hedy Mok, 61, for allegedly manipulating the former into handing over assets worth an estimated $40 million.

Mr Yang, who met Madam Chung in 2008 while acting as her private tour guide in Beijing, moved into her bungalow the following year and claimed the widow treated him as her “grandson”.

In the run-up to the civil suit,the court barred him last August from removing any of his assets or diminishing the value of any of his assets owned or jointly held , either here or abroad. Among these were two life insurance policies worth a total of $98,000.

The freeze meant he was unable to access his bank accounts and in April, Mr Yang, through his lawyer Joseph Liow, proposed to the court to liquidate the insurance policies to pay for his legal costs to fight the case. He had exhausted all means to borrow from family or friends.

Lawyer Peter Doraisamy, representing Madam Mok, opposed the move arguing Mr Yang had to show he had no funds of his own to draw and that he had an arguable case to show that the insurance funds like any of the other assets, belonged to him as they had been paid for by Madam Chung.

Justice Prakash found that Mr Yang’s external resources had all dried up and he had no access to funnds to conduct his defence.

Mr Yang, currently on remand for criminal charges, had no prospect of “generous lenders” willing to advance money, she noted.

Mr Liow said there was an arguable case that Madam Chung had paid for the insurance policies as a gift to Mr Yang as a symbol of her “love and affection” for him.

Justice Prakash ruled the requirement was for Mr Yang to show he had an arguable case and not that his defence would succeed at trial.

“The strength of his defence that they were gifts to him could conceivably vary from asset to asset,” she said, adding the claim of undue influence on his part might also have to be established in relation to each gift.

The judge added the case to draw the funds from the insurance polices was stronger compared to other assets, as it was less likely that Madam Chung wanted him to use the cash to look after her. Madam Mok is appealing against the decision.

[email protected]

 

[gongkia]

杨寅获准套现
两保单打官司

相信杨寅在经济上已穷途末路，并认为他被指侵占财产的官司仍有争议，高庭在商业事务局介入反对后，以两大理由裁定，让杨寅能将两份人寿保险套现9万8000元打官司。

http://www.wanbao.com.sg/local/story20150819-62091

 

[Leckmichamarsch]

Stupid judge Judith Prakash believed that the $500 000 Yang stolen was for a Xu Beihong painting now in CAD custody!!
I also got a Xu Beihong's painting of 3 horses bought for couple of thousands but upon appraisal it was only worth couple of hundreds ie a confirmed fake
so judge n CAD taken for a ride........... one point for Chinaman Yang Yin...... Dr Intan's blue eyed boy

 

[Prodigy]

Ex-tour guide crafted 'web of deceit': Judge

Mr Yang Yin in a police car on 5 November 2014. The former China tour guide faces 11 charges of falsifying receipts worth $28,000 to his firm Young Music and Dance Studio and also accused of manipulating a wealthy 87- year-old widow Chung Khin Chun, into giving him control of her assets, believed to be worth $40 million. Photo: The Straits Times

K.C Vijayan
Friday, Aug 28, 2015

Claims by former China tour guide Yang Yin that he moved in with rich widow Madam Chung Khin Chun to take care of her was nothing but a lie. It was instead part of a carefully crafted "web of deceit" to get his hands on the 88-year-old's $35 million fortune.

This is how District Judge Shobha G. Nair described a chain of events, in which Yang cut Madam Chung off from friends and neighbours, fired her maid and driver, and through undue influence, made him the sole beneficiary of her will.

Three months ago, the district judge threw out that will in a closed-door hearing and replaced it with a new one in which nearly all her assets will go to charitable causes - a decision which Yang is appealing.

Yesterday, her grounds of judgment was released, and they revealed shocking testimony from Madam Chung's friends and former employees on Yang's behaviour.

Madam Chung met Yang during a China tour in 2008. She went with a 84-year-old woman, who was a close friend and had known Yang since 2005. He was their tour guide.

In 2009, he moved into Madam Chung's bungalow in Gerald Crescent, set up a company with her, and received permanent residency.

The close friend, who had been living with Madam Chung since 2004, decided to move out in 2011 and said it had become apparent Yang had control over the widow's money.

The court also heard how in 1989, Madam Chung executed a will in which much of her assets would go to a trust fund that would benefit various charities, including the Community Chest and Society for the Prevention of Cruelty to Animals.

In 2008, a year after the death of her husband Dr Chou Sip King, she told lawyers, one of whom was a family friend, that she wanted to update the will, to leave her close friend and long-time employees with enough living expenses.

She also wanted to set up a trust fund in her late husband's name to benefit charity.

But in 2010, she arrived at the lawyers' office with Yang, and introduced him as her nephew. He claimed that he was working at the Chinese Embassy, and declined to hand over his name card, saying that it was inappropriate to do so.

In subsequent meetings, Yang became her mouthpiece and told the lawyers their services were no longer needed. In 2009, and then 2010, Madam Chung, who was diagnosed with dementia last year, changed her will through another lawyer, leaving everything to Yang.

See also: Ex-tour guide has 'arguable case of gift'

Witness affidavits presented by lawyers for the plaintiff, Madam Chung's niece Madam Hedy Mok, described Yang as a gold-digger who frequently asked the widow for money and luxury items.

An Indonesian maid who worked for Madam Chung said that before Yang brought his wife and children to live with him, he would entertain woman visitors at night.

She testified that he stopped Madam Chung from visiting her regular doctor and changed her medication.

She observed Madam Chung's health getting worse. She was also told by Yang not to allow Madam Chung's friends to come by.

Yang's defence did little to counter these allegations.

The judge, who did not name the parties involved, questioned why Yang would leave his own parents in China to take care of a woman he was not related to.

"His benevolence had a price," she said. "The unfortunate reality is that (Madam Chung's) money and assets were (Yang's) sole interest and he pursued it with unconscionable drive."

[email protected]

 

[laksaboy]

Yang Yin is a consequence of Lee Hsien Loong's liberal FT policy, any hack could get into the country and steal a living (or steal inheritance).

Whatever it takes to boost the population and increase the GDP.

 

[methink]

Yang Yin is a consequence of Lee Hsien Loong's liberal FT policy, any hack could get into the country and steal a living (or steal inheritance).

Whatever it takes to boost the population and increase the GDP.

Let's teach this clown prince and his loonies a severe lesson for letting trash in. Especially that Dr Intan.

Vote them OUT!

 

[soIsee]

Yang Yin is a consequence of Lee Hsien Loong's liberal FT policy, any hack could get into the country and steal a living (or steal inheritance).

Whatever it takes to boost the population and increase the GDP.

I don't think so. Yang Yin on his own, is just ONE or a few bad eggs of PRCs getting PR or new citizens.

Many PRC have also gotten new citizenship or PR, since GCT started this policy and many have taken up PROFESSIONAL jobs working along side and ABOVE Sinkies. They are what Sinkland needed and many Sinkie ( with except to yourself and many losers here) don't see this. How could these losers know?...they could not or have not held a PROFESSIONAL JOB or else they are not called LOSERS, right? Hahaha

You see ONE case and you extraplolate it to all other Tiongs. The large majority of Sinkie ( who are working professional) I am sure do not share your sentiments.

In an election, it is not how one failed Tiong , even with media blown up will determine the number of votes for or against PAP.

It is the large majority, who do not reflect the same views you have here, that determine the outcome of the votes casted.

 

[gongkia]

The extent of Yang Yin's manipulation

An Indonesian maid who works for a wealthy widow alleged that she was promised "a lot of money" by former China tour guide Yang Yin if she would say good things about him and his family.

She said no to the bribe, and instead described to a court how he treated her employer, 88-year-old Madam Chung Khin Chun, when he lived with her.

This was one of the more startling revelations that emerged from the decision grounds of District Judge Shobha G. Nair released last Thursday. In it, she explained why she threw out a will which left Madam Chung's $35 million fortune to Yang.

The judge replaced it with one in which he gets nothing, with most of the money going to charity. Yang, who is 41, is contesting the decision.

The Family Court hearing in May, held behind closed doors, involved documentary evidence from Madam Chung's neighbours, friends, a former driver and her maid against Yang, which described how he allegedly took control of the woman's life and money, and drove away those close to her.

THE CLOSE FRIEND
One of the key witnesses was an unmarried 84-year-old retired teacher who was invited to live with Madam Chung and her husband at their Gerald Crescent bungalow in 2004.

She said that at the time, Madam Chung's husband, Dr Chou Sip King, was in poor health and wanted someone to look after his wife, who had begun to show signs of forgetfulness and mental deterioration.

She met Yang in 2005, when he was her tour guide on trip to China.

He kept in touch after that, even meeting her during his trips here.

In 2008, a year after Dr Chou's death, she and Madam Chung planned a trip to China. She asked Yang to be their guide.

But after the trip, she said that she found it strange that he continued to contact Madam Chung and have long conversations with her - given that he was a recently married man.

In 2009, Yang moved in with Madam Chung, set up a company with her, and went on to receive permanent residency. According to the close friend, he asked Madam Chung to sponsor his stay in Singapore on the pretext of wanting to learn English here.

His course fees of $4,000 were paid for by the widow, she said.

That same year, she said that she put in $200,000 into a new OCBC Bank joint account with Madam Chung. The money was to be used by either one should anything happen to the other. Sometime later, when the friend wanted to use the funds, she was told there was nothing left.

The friend said that when Madam Chung tried to put in money from another account with DBS, the cheque bounced. Yang was told to take the women to OCBC. There, she said that Yang carried out a transfer to return the money to her.

That was when she realised Yang had control over Madam Chung's money, without the widow's knowledge, the friend alleged. She considered going to the police, but moved out in 2011 instead.

Another close friend of Madam Chung and her husband said she was puzzled by the distance Yang kept from the widow's acquaintances.

For instance, he would drop the widow off at her house, but never came in or spoke to the friend.

She said that in 2012, she observed Madam Chung becoming less talkative and cheerful, and linked it to Yang's influence. The judge, however, said this could be due to the widow's deteriorating health.

A neighbour, who would often drop by to speak to the retired teacher living with Madam Chung, gave evidence as to the discomfort Yang's presence was causing.

She said the retired teacher told her how Yang would ask for sums of money, ranging from $4,000 to $40,000. She was also told that Yang asked for money to buy university qualification papers from China so that he could apply for permanent residency.

THE LAWYERS
In 2004, a lawyer described in the grounds of judgment as Mr C, was approached to act for Dr Chou in a real-estate matter. But the relationship turned into a personal one - with Mr C often visiting the couple .

After Dr Chou's death, he continued to visit Madam Chung. In 2008, she asked for his help in updating a will she made in 1989.

In that will, she left much of her assets to a trust fund to benefit various charities, including the Community Chest, the Society for the Prevention of Cruelty to Animals, the Nursing Foundation of Singapore, the Singapore Zoo and the Cultural Foundation of Singapore.

She wanted to add provisions that would provide her close friend, her driver and her maid with food and medical expenses. She also wanted to let her close friend live at her house for as long as she wanted.

In addition, she asked for a charitable trust fund to be set up in her husband's name.

Mr C, who not familiar with probate practice, roped in a colleague, Mr D, to help make the new will. In June 2009, they presented her with a draft at her home. Not wanting to rush her, the will was not signed.

In March 2010, Madam Chung, in a departure from the norm, arranged to meet the lawyers at their office. Yang, who went with her, was introduced as her nephew.

According to Mr D, Yang claimed that he was a Chinese Embassy staff member. He declined to exchange name cards saying it was not appropriate for embassy staff to do so.

In subsequent meetings, Mr C observed that Yang "became her mouthpiece" even though Madam Chung had no problems communicating. He did not probe further as "it was not my place to do so".

In their last meeting in December 2010, Madam Chung was asked if she wanted sign the draft will. According to Mr D, Yang said Madam Chung did not, and that she no longer needed their services.

THE DRIVER

A 79-year-old man, who had been working as a driver for Madam Chung and her husband since 1979 before being fired in 2009, also gave evidence in the case.

He described the couple as kind, and said they gave him groceries every week to take home. He claimed that this was an arrangement which Yang was not happy with.

He said Yang often asked Madam Chung for money and luxury items. He said he warned his employer that Yang was a "gold digger" and that she would one day be cast aside. He also told her he wanted to quit as he did not like how Yang would "boss" and intimidate him.

Sometime in 2009, he argued with Yang over why the latter fixed "blind spot mirrors" onto Madam Chung's car. The driver said the mirrors made it difficult for him to drive. Yang gave evidence that the driver was rude and attacked him.

That very day, Madam Chung handed the driver a letter of termination and a $50,000 cheque. According to the driver, she told him to accept the gift as he would get nothing on her death.

THE MAIDS

Before Yang entered Madam Chung's life, she had two Indonesian maids working for her. They, too, gave their versions of events.

The one who had worked at the bungalow earlier described her employer's generosity. She said the widow paid for her medical expenses and gave bonuses to her helpers during the festive seasons.

She also described how Madam Chung's daily routine involved meeting friends, adding that the gate to her house was "never locked".

But everything changed with Yang's arrival. In 2012, she was fired for no apparent reason, she added.

The maid who was kept on said she was ordered not to allow Madam Chung's friends to come by. When Yang's wife and children moved in, she was told to serve them.

She said that when Yang's family went out in the car, Madam Chung was always left alone in the house.

She claimed that the family also went travelling nearly every month.

She described how before leaving, Yang would lock Madam Chung's art galleries and keep the key with him.

She also said Yang was disrespectful to the widow and recalled an incident when he shouted at his benefactor in the gallery. She claimed that paintings and items in the house started to disappear.

Before his family joined him in Singapore, she claimed that Yang would smoke in the house, and drink red wine. She described Yang as "lazy", only waking up at 11.30am.

She said he would talk to Madam Chung only during meal times. He would kiss and hug her - acts the maid described as insincere, and which were meant to make Madam Chung think that he cared for her.

The maid who was fired added that Yang even entertained female visitors at night.

The maid who was allowed to continue working also testified how Yang stopped Madam Chung from visiting her regular doctor and changed her medication. She said she observed the widow's health getting worse.

When the widow's niece Hedy Mok started legal proceedings against Yang, the maid said in her affidavit how Yang accused her of leaking information about the goings-on in the house. He then "tried to bribe me into helping his case", she said .

"He told me that he would not hurt me and would give me a lot of money if I say good things about him and his family.

"I did not accept his offer. I wish to say that during that interrogation, Madam was translating everything. She had a look of fear on her face."

JUDGE'S SCATHING REMARKS

The district judge said the evidence showed Yang had put together a "carefully knitted plan to have Madam Chung believe that he cared for her and that the quickly formed relationship could be trusted.

"The plan was in fact a web of deceit and (Madam Chung) was caught in it. The unfortunate reality is that (Madam Chung's) money and assets were (Yang's) sole interest and he pursued it with unconscionable drive," said the judge.

She highlighted how Yang declined to question the witnesses who gave evidence against him. She criticised Yang for raising the suggestion that the friend who lived with Madam Chung had an improper relationship with her husband, without providing any evidence.

Yang's main defence was the fact that before Madam Chung executed her new wills of 2009 and 2010, she was seen by a doctor who gave the opinion she had the mental capacity to do so. But the judge said the issue was whether she was under the undue influence of Yang at the time - an influence which was stronger than her true will.

She questioned Yang's motivation given that the wills were surreptitiously and hurriedly made soon after he came to live with Madam Chung, who was diagnosed with dementia in 2014, and without any independent advice.

She said his price for caring for Madam Chung was holidays with his family, money and expensive purchases, including a private property which was subsequently sold for a significant profit that found its way into Yang's personal bank account.

She also asked why, if the only motivation was to care for a woman he saw as his grandmother, Yang continues to insist he should benefit from the estate. She called this an unjust request, considering that a "tidy sum" of Madam Chung's money had already been given to him.

The judge hoped that by replacing the will which gave everything to Yang with one that restores Madam Chung's original intentions to give most of her money to charity, would bring back some balance in the widow's life. "Rather ironically," the judge added, "the yin and the yang".

Mr Ramachandran Doraisamy Raghunath served as Madam Mok's lawyer at the hearing, while Yang was represented by lawyer Joseph Liow. Madam Chung's lawyer is Mr Eugene Thuraisingam

 

[gongkia]

 

[Prodigy]

 

[Prodigy]

Former tour guide 'runs out of cash to pay legal bills'

Former China tour guide Yang Yin has run out of cash to pay his legal fees, said his lawyer yesterday. PHOTO: ST FILE

Published 3 September 2015

Court says China national cannot liquidate $98,000 worth of insurance policies for now

Carolyn Khew

Former China tour guide Yang Yin has run out of cash to pay his legal fees, said his lawyer yesterday.

Mr Joseph Liow was speaking to reporters after a State Court hearing in which the judge decided not to let Yang liquidate $98,000 worth of insurance policies for now.

The policies are in his name, but there is a dispute as to who is entitled to the proceeds. Madam Hedy Mok, a 61-year-old tour agency owner, alleges that the money came from her 88-year-old widowed aunt who had been manipulated by Yang, a China national.

She has sued Yang and successfully applied in August last year to freeze his assets, including the insurance policies. Since October, Yang, 41, has also been in police remand after being charged with faking receipts and allegedly misappropriating $1.1 million from the estate of Madam Mok's aunt, Madam Chung Khin Chun.

When the High Court in April granted permission to liquidate the policies, it was revealed that they had been seized by the Commercial Affairs Department as part of its investigations. That is why the matter returned to the State Courts.

It was decided yesterday that the policies would remain untouched until Madam Mok's suit against Yang is settled, Mr Liow said. The trial date for the suit has been tentatively set for March.

"He has no funds right now. There have been no funds available to my client for quite some time," he explained. He would not be drawn into saying whether he has been paid by Yang.

Madam Mok's lawyer, Mr Peter Doraisamy, said his client will still appeal against the High Court's decision to allow Yang to liquidate the policies.

"The appeal has to go on. That is because there is still an order that allows him to use the proceeds of the insurance policies towards legal fees," he said.

Madam Chung owns a Gerald Crescent bungalow and her assets are estimated at $40 million.

Yang met Madam Chung, a retired physiotherapist, in 2008 when he acted as her private guide during a China trip. A year later, he moved into her bungalow and claimed the widow wanted him to be her "grandson".

Earlier this year, the courts threw out a 2010 will in which Madam Chung - who was diagnosed with dementia last year - left all her assets to Yang.

It was replaced by one which left him with nothing, and would see most of her money go to charity.

 

[escher]

Singaporeans man your battle stations!
Singapore needs you now!

Put your support for Singapore on Facebook
Twitter to your friends
WhatsApp to your friends
Get a tsunami of support for Singapore Singaporeans


OPPOSITIONS ARE THE DIFFERENT FACES OF THE TRUE SINGAPORE
PAP IS THE FACE OF SEPTIC OVERFLOWING TOILET BOWLS AND CORRUPTIONS AND OF STINKAPORE




Cleanse PAP Stinkapore into Singaporeans Singapore.
Vote only opposition
Vote out all the fucking corrupt PAPs


This fight is not just your voting for opposition, any opposition against the PAP
Singaporeans must do much more than just relying on their single vote.
Give them the money to support them in the fight.
Give them your time and energy to support them in the fight
They fight for you Singaporeans
They fight our common enemy
They fight the PAP and cronies, corrupt and rotten to the core, who stole over 180 billions from Singaporeans, and intent on stealing even more from us.


Support Opposition, any Opposition, all Opposition
Regardless if they have primary school, or O levels or A levels or PhD
Regardless if they wear singlets, or tuxedos
Support Opposition, any Opposition, all Opposition
Regardless if they wear slippers, or wear sneakers or shoes
Support Opposition, any Opposition, all Opposition
Even if a rat crawl out of a sewer and stand as Opposition
Even if a cockroach with 6 legs and 2 long feelers at the head become Opposition
They will be much better for Singaporeans than the fucking corrupt perverted PAPs who only think of laughing all the way to their banks and back from the banks
Under the fucking PAP, Singaporeans are the 4th class citizens in their own land stolen from them by PAP
PAPs are the 2nd class citizens with the Lee family as the first class aristocrazies
Fts are taken in as the 3rd class citizens kicking singaporeans into the 4th class and sinkies good only to go head down down and arseholes up high high to be fucked and tiewed by PAPs laughing all the way to their banks.

 

[gongkia]

能否退保拿钱？　杨寅需先过两关

富婆外甥女反对杨寅套现9万8000元保险，三司庭定在明年2月底审理上诉案，间中杨寅可否拿得到钱付律师费，还有两关要过。

中国籍前导游杨寅（41岁）被指侵占富婆钟庆春（88岁）4000万元财产一案延烧超过一年之久，富婆外甥女莫翠玲（61岁，旅行社老板）代她向杨寅索赔的民事官司已定在明年3月底开审。

高庭原本在今年4月13日批准杨寅申请，让他终止两项人寿保险，套现9万8000元的退保额，但莫翠玲申请上诉至上诉庭，并且申请暂缓执行庭令。

 

[gongkia]

能否退保拿钱？　杨寅需先过两关

富婆外甥女反对杨寅套现9万8000元保险，三司庭定在明年2月底审理上诉案，间中杨寅可否拿得到钱付律师费，还有两关要过。

中国籍前导游杨寅（41岁）被指侵占富婆钟庆春（88岁）4000万元财产一案延烧超过一年之久，富婆外甥女莫翠玲（61岁，旅行社老板）代她向杨寅索赔的民事官司已定在明年3月底开审。

高庭原本在今年4月13日批准杨寅申请，让他终止两项人寿保险，套现9万8000元的退保额，但莫翠玲申请上诉至上诉庭，并且申请暂缓执行庭令。

 

[Prodigy]

Re: Yang yin saga: Wealthy widow to sell her bungalow as she has no money left


Former China tour guide Yang Yin's bid to cash out on life insurance policies blocked again

Former China tour guide Yang Yin leaving the Police Cantonment Complex on Sept 18, 2014.ST PHOTO: WONG KWAI CHOW

Published Sep 23, 2015, 1:26 pm SGT

SINGAPORE - Former China tour guide Yang Yin's attempt to dip into two life insurance policies to pay for legal fees ran into another roadblock at the High Court on Wednesday.

In April, the High Court allowed him to liquidate two life insurance policies worth about $98,000 to pay for his legal fees. The policies will help cover his legal bill in a high-profile High Court suit brought against him by Madam Chung Khin Chun, 88, through her niece Hedy Mok.

The Singapore permanent resident's assets were frozen last August after Madam Mok, 61, accused him of masterminding control over her aunt's assets, estimated to be worth $40 million.

Madam Mok has appealed against the High Court decision to release the insurance policies and the appeal will be heard in March next year. While the life insurance policies are in Yang's name, Madam Mok has argued, though her lawyer, that they were bought using her aunt's money.

On Wednesday, Madam Mok also put in a new High Court application for the policies to remain out of Yang's reach until the outcome of the appeal is final. This means that Yang cannot touch the policies at least until next month when the new application is heard again.

The latest development in the High Court is the second setback that Yang faced in his attempt to cash out on the life insurance policies to pay for his legal fees.

Earlier this month, the State Court also decided not to let Yang liquidate the policies. The State Court hearing was a separate one because the Commercial Affairs Department (CAD) separately seized the insurance policies last year for criminal investigations.

Yang met Madam Chung, a retired physiotherapist, in 2008 when he acted as her private guide during a China trip. A year later, he moved into her bungalow and claimed the widow wanted him to be her "grandson".

Apart from the civil court cases, Yang has been charged with falsifying receipts at his company and misappropriating $1.1 million from the estate of Madam Chung. He has been in remand since Oct 31 last year after his bail application was denied.