{"id":30376,"date":"2022-06-02T02:02:13","date_gmt":"2022-06-02T05:02:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=30376"},"modified":"2026-04-23T08:11:22","modified_gmt":"2026-04-23T11:11:22","slug":"pagcor-to-investigate-kazuo-okadas-return-to-okada-manila","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pagcor-to-investigate-kazuo-okadas-return-to-okada-manila","title":{"rendered":"PAGCOR to investigate Kazuo Okada\u2019s return to Okada Manila"},"content":{"rendered":"\n<p>Alfredo Lim, president of PAGCOR, said the body will investigate the matter and ensure smooth operations at the casino resort.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- The regulator PAGCOR has said that it will investigate claims that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/controversy-surrounds-kazuo-okadas-return-to-okada-manila\" target=\"_blank\">Kazuo Okada has taken back control of Okada Manila<\/a>. Tiger Resort Leisure Entertainment (TRLEI) claims a group linked to\u00a0the Japanese billionaire used force and intimidation\u00a0to force legitimate officers to vacate the casino premises.<\/p>\n\n\n\n<p>PAGCOR chairman <strong>Alfredo Lim<\/strong> said he was &#8220;shocked to read there was violence and intimidation&#8221; in the incident but told Reuters that PAGCOR\u2019s \u201conly concern in this corporate squabble between contending stockholders is that the operation is not disturbed.\u201d<\/p>\n\n\n\n<p>In June 2017, Kazuo Okada and COO Takahiro Usui were kicked off the board of Tiger Resort Leisure Entertainment. However, in January the Philippines Court of Appeals&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/fraud-charges-against-kazuo-okada-dismissed-by-philippines-court\" rel=\"noreferrer noopener\">dismissed fraud charges against Okada<\/a>.<\/p>\n\n\n\n<p>On May 2, 2022,<strong>\u00a0Okada re-installed his board of directors and officers<\/strong>, and this was apparently recognised by PAGCOR as the legitimate board consistent with the SQAO. However, the opponents of Okada\u2019s return, have filed an appeal and are waiting for the Supreme Court to decide whether or not to overturn or reconsider the order.<\/p>\n\n\n\n<p>Okada, it seems, didn&#8217;t wait for that appeal to be heard. TRLEI claims a group led by former board member Tonyboy Cojuangco arrived with about 50 private guards and police officers who claimed they were authorised by a court order to take over the Okada Manila complex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alfredo Lim, president of PAGCOR, said the body will investigate the matter and ensure smooth operations at the casino resort.<\/p>\n","protected":false},"author":176,"featured_media":25242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR is investigating claims of a forceful takeover of Okada Manila by a group linked to Kazuo Okada, following a court order that reinstated his board. Tiger Resort Leisure Entertainment (TRLEI) alleges intimidation, while PAGCOR prioritizes ensuring uninterrupted casino operations amidst the ongoing corporate squabble and pending Supreme Court appeal.","focusai_entities":"Alfredo Lim, PAGCOR, Kazuo Okada, Okada Manila, Tiger Resort Leisure Entertainment (TRLEI), Takahiro Usui, Tonyboy Cojuangco, Reuters","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"PAGCOR's Operational Assurance?","query":"What specific actions will PAGCOR undertake to ensure operational continuity and regulatory compliance during this management dispute at Okada Manila?"},{"label":"Supreme Court Impact?","query":"How might the ongoing legal appeals and the Supreme Court's eventual decision impact the long-term governance framework and ownership structure of Okada Manila?"}],"footnotes":""},"categories":[154,158,16333],"tags":[23288,8986,405],"class_list":["post-30376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-slider-home","category-south-east-asia-news","tag-kazuo-okada","tag-okada-manila","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=30376"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30376\/revisions"}],"predecessor-version":[{"id":30413,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30376\/revisions\/30413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25242"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}