Japanese tycoon Kazuo Okada is asking the Philippine Department of Justice (DoJ) to give him a chance. He’s asked them to reconsider their resolution finding probable cause he’d received $3.1 million through fraudulent means.
In his petition, Okada maintained that the contested amount had been rightfully earned as salary and consultancy fees in his capacity as a part of Tiger Resort, Leisure and Entertainment, Inc. (TRLEI), the company he founded and which operates the Okada Manila casino and hotel.
TRLEI, whose board had removed Okada as chairman and CEO in June 2017, had filed a complaint with the Parañaque City prosecutor’s office, accusing Okada and former TRLEI president and chief operating officer Takahiro Usui of fraud. The city prosecutor had cleared Okada, but the case was later reviewed by the Justice department.
According to local news outlets, Okada, in his motion for reconsideration, noted that TRLEI Vice-President for Legal and Compliance Department Joseph Joemer Perez had “prepared, finalized, or at least approved” the paperwork involving the money Okada had taken, after which Usui affixed his signature.