MANILA—Japanese billionaire Kazuo Okada has filed qualified theft and estafa charges against officials of Tiger Resort Leisure and Entertainment Inc. (TRLEI) on allegations they conspired to remove him from his own company, his lawyers said Saturday.
Tiger operates Okada Manila, a billion-dollar casino resort that bears the tycoon's name.
Okada was ousted from the company in June 2017 over alleged irregularities in the use of the firm's funds.
Impleaded in Okada's complaint before the Parañaque Prosecutor's Office are:
- Tonyboy Cojuangco, director of TRLEI
- Manuel "Lolong" Lazaro, director of TRLEI
- Jun Fujimoto, president of Universal Entertainment Corporation (UEC)
- His son, Tomohiro Okada, trustee of Okada Holdings Inc. (OHI)
- His estranged wife, Takako Okada, former director of UEC
- Kenshi Asano, de facto director of UEC and Tiger HK
- Steven Wolstenholme, director of TRLEI
- Antonio Cojuangco, director of TRLEI
- Reynaldo David, director of TRLEI
- Yoshinao Negishi, director of TRLEI
- Kenji Sugiyama, chief security officer of TRLEI
- Michelle Lazaro, corporate secretary of TRLEI
In a statement, Okada's legal counsels said the respondents "conspired together to wilfully, unlawfully and feloniously seize his ownership rights and interest TRLEI without his consent."
“I am advised that the acts and omissions of respondents constitute the offenses of Qualified Theft and Estafa by Abuse of Confidence under Articles 310 and 315 (b) of the Revised Penal Code,” Okada said in his complaint.
Okada is facing arrest after a Parañaque court issued a warrant against him in connection with 3 estafa cases.