Okada Manila operator Tiger Resort Leisure and Entertainment Inc. has filed kidnapping, serious illegal detention and grave coercion charges against the camp of Japanese billionaire Kazuo Okada after what it claimed a violent takeover of the casino hotel last week.
Neutral daw! Pagcor denies taking the side of Kazuo-Tonyboy in ugly Okada Manila takeover, decides to shut up to avoid SC contempt
In its petition lodged before the Department of Justice, TRLEI, which is owned by Japan’s Universal Entertainment Corp., accused Okada and his partners Tonyboy Cojuangco and Dindo Espeleta of forcibly taking over Okada Manila’s premises with the help of 50 private guards and local police.
Andrea’s bias showing: Universal Entertainment slams Pagcor for blatantly siding with Kazuo-Tonyboy group in Okada boardroom brawl
TRLEI also claimed that Okada’s group used brute of force to drag the directors out of the gambling resort’s premises. It also alleged that Japanese Hajime Tokuda was taken to an unknown place before he was brought home last May 31.
Preserving status quo daw! Kazuo Okada twists SC order by installing 3 new faces on Tiger Resort board through thuggish takeover
Okada’s group, however, pointed out that it was acting on a status quo ante order issued by the Supreme Court which was to restore the TRLEI’s board of directors to its 2017 composition.
Pagcor backs Kazuo’s return to power in Okada Manila: We monitored takeover, ousted chairman not bodily hurt
Okada was ejected from the TRLEI board in June 2017 after allegedly misappropriating the company’s and its subsidiaries’ funds.
After ‘violent ‘ takeover: Tonyboy Cojuangco assures gamblers: It’s business as usual in Okada Manila
In an earlier statement, Okada’s camp refuted the allegations, insisting that the takeover of Okada Manila was legal and in compliance with the SC ruling.
Brute force, intimidation: Tonyboy Cojuangco and 50 goons storm Manila casino to reinstate Kazuo Okada, ‘kidnap’ Asiabest chairman Tokuda
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Majority of the Filipinos on Forbes’ real-time billionaires lost a seriously big amount of money over the last 30 days due to plunging stocks, a diving peso, and generally .