• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Manila prosecutors dismiss perjury case vs Kazuo Okada

Mar 28, 2019 Newsdesk Latest News, Philippines, Top of the deck  


Manila prosecutors dismiss perjury case vs Kazuo Okada

The Manila City Prosecutor’s Office dismissed a perjury case filed against gaming entrepreneur Kazuo Okada (pictured) “for lack of sufficient evidence and merit”. The case had been originally filed in November last year by the promoter of the Okada Manila casino resort, Tiger Resort, Leisure and Entertainment Inc.

In a 12-page resolution dated March 5 – made public on Thursday – the public prosecutor overseeing the case dismissed four counts of perjury against the Japanese businessman.

“A conviction of perjury cannot be sustained merely upon the contradictory sworn statements of the accused,” wrote senior assistant city prosecutor Francisco Salomon. “The prosecution must prove which of the two statements is false and must show the statement to be false by other evidence than the contradicting statement,” he added.

Tiger Resort, Leisure and Entertainment had alleged that Mr Okada made contradictory statements in separate cases in the Philippines and in Nevada, in the United States. Such statements were said to refer to Mr Okada’s control of Okada Holdings Ltd, a private Hong Kong-registered entity owning 68 percent of Japan-based conglomerate Universal Entertainment Corp. The latter in turn controls Tiger Resort, Leisure and Entertainment.

The Philippines instance of an alleged contradictory statement by Mr Okada related to a lawsuit filed last year by him to nullify his removal as shareholder, director and officer of Tiger Resort, Leisure and Entertainment.

Mr Salomon said in his resolution that the allegations in the complaint filed in Nevada reflected the opinions of Mr Okada’s lawyers on that particular case and offered no evidence Mr Okada “has knowledge thereof”.

“We cannot conclude or determine that the allegations of respondent Okada in the intra-corporate complaint [in the Philippines] are inconsistent or contradictory, if not diametrically opposed, to the allegations in the Nevada complaint,” said the prosecutor.

The Philippine Department of Justice in January dismissed one count of fraud against Mr Okada. But the businessman still has to answer to another fraud case, and a court in the Philippines in January ordered the arrest of the Japanese entrepreneur for allegedly misappropriating more than US$3 million from Tiger Resort, Leisure and Entertainment.


  • tweet
Related articles
  • Order to restore Kazuo Okada unclear, vague: Tiger Resort
    Order to restore Kazuo Okada unclear,...

    May 18, 2022  

  • Business as usual says Okada Manila op as it fights founder
    Business as usual says Okada Manila op...

    May 13, 2022  

More news
  • New Lim cruise biz only months after GEN HK in liquidation
    New Lim cruise biz only months after...

    May 18, 2022  

  • Kangwon drove 2021 S.Korea casino revenue growth: govt
    Kangwon drove 2021 S.Korea casino...

    May 18, 2022  


Latest News

New Lim cruise biz only months after GEN HK in liquidation

New Lim cruise biz only months after GEN HK in liquidation

May 18, 2022  

A casino cruise brand reportedly controlled by Malaysian entrepreneur Lim Kok Thay is to launch services from Singapore fewer than five months after the Lim family-founded Dream Cruises brand of the...
Read More
Kangwon drove 2021 S.Korea casino revenue growth: govt

Kangwon drove 2021 S.Korea casino revenue growth: govt

May 18, 2022  

Over 7.9mln Bloomberry shares vested to some senior execs

Over 7.9mln Bloomberry shares vested to some senior execs

May 18, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$10 billion

Target set by gaming equipment and online content provider Light & Wonder for total capital creation from 2022 to 2025



Most Popular

  • Wynn CEO, Macau execs in base pay cut in return for sharesWynn CEO, Macau execs in base pay cut in return for shares May 17, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
  • U.S. says Steve Wynn ‘foreign agent’, lobbied for ChinaU.S. says Steve Wynn ‘foreign agent’, lobbied for China May 18, 2022
  • Alleged bribe offer to ex-Wynn manager probed by HK, MacauAlleged bribe offer to ex-Wynn manager probed by HK, Macau May 17, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us