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Kazuo Okada files estafa charges against son, wife and former co-workers

Newsdesk by Newsdesk
Sun 26 May 2019 at 18:26
Estranged wife of Kazuo Okada among new Asiabest board members as Tiger Resort Asia asserts control
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Japanese gaming mogul Kazuo Okada has filed theft and estafa charges against current and former executives of Universal Entertainment Corp and its subsidiary Tiger Resort Leisure Entertainment Inc (TRLEI) for conspiring to remove him from the company.

Okada’s lawyers revealed details of the complaint in an email to media on Saturday, with the accused including his son Tomohiro Okada, estranged wife Takako Okada and Universal President Jun Fujimoto plus Kenshi Asano, Steve Wolstenholme, Antonio Cojuangco, Manuel Lazaro, Reynaldo David, Yoshinao Negishi, Kenji Sugiyama and Michelle Lazaro.

The Okada complaint, filed before the Office of the City Prosecutor of Paranaque, alleges the group “conspired together to willfully, unlawfully and feloniously seize his ownership rights and interest in TRLEI without his consent.”

Okada is currently fighting accusations of estafa filed against himself and former TRLEI President and COO Takahiro Tsui accusing the duo of misappropriating company funds by receiving almost US$3.2 million in wages and fees from TRLEI without board approval. TRLEI is the operating entity of Entertainment City integrated resort Okada Manila.

 

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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