A warrant of arrest has been issued against Japanese tycoon Kazuo Okada in connection with a fraud case filed against him by the company he founded, local news outlets reported.

The Parañaque Regional Trial Court in Metro Manila also ordered the arrest of Takahiro Usui, former president of Tiger Resorts, Leisure and Entertainment (TRLEI), for his part in disbursing $3.1 million to Okada, who has maintained the amount to be salaries and consultancy fees that were rightfully earned and properly processed.

According to the Philippine Daily Inquirer, the court also ordered the police chiefs in the cities of Parañaque and Makati, along with the Philippine National Bureau of Investigation and the Criminal Investigation and Detection Group, to enforce the warrant. Bail was set at PHP348,000 (about $6,650) per respondent.

Inside Asian Gaming reported on Okada’s statements over the weekend, who maintained that no fraud was committed. It was not clear whether Okada had actually been served the warrants.