took control of the venue by force<\/a>.<\/p>\n\n\n\nPAGCOR said its monitoring team would “protect the interests of Pagcor and the government and to ensure that operations are not disrupted and the welfare of the playing patrons is ensured.\u201d<\/p>\n\n\n\n
The regulator said: “Considering that the matter at hand involves an intra-corporate dispute pending before the Supreme Court, Pagcor, as a government regulatory body, is duty-bound to observe due process and comply with the issuances and directives of the Supreme Court.\u201d<\/p>\n\n\n\n
It’s alleged that on May 31 at around 9.45am, a group led by former board member Tonyboy Cojuangco arrived at the Okada Manila complex with about 50 private guards and police officers. The group immediately went to the office of\u00a0Hajime Tokuda, a Japanese executive linked to the then-sitting management of the resort. <\/p>\n\n\n\n
There, the sheriff served a Supreme Court status quo ante order to him and Kazuo Okada was restored as chairman and CEO of TRLEI.<\/p>\n\n\n\n
PAGCOR said: “The PAGCOR monitoring team on duty at that time reported that\u00a0Mr Tokuda was then escorted outside the premises without being bodily hurt<\/strong>. The whole incident was covered by close[ed] circuit television (CCTV) cameras.\u201d<\/p>\n\n\n\nUniversal Entertainment has said it will file criminal charges against Okada following the incident.<\/p>\n","protected":false},"excerpt":{"rendered":"
PAGCOR is trying to piece together what happened when a group linked to Kazuo Okada took back control of Okada Manila.<\/p>\n","protected":false},"author":176,"featured_media":25407,"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 actively monitoring the situation at Okada Manila following a forceful takeover by a group linked to Kazuo Okada, acting on a Supreme Court order. The regulator's focus is on ensuring operational continuity, protecting government interests, and safeguarding patron welfare amidst the intra-corporate dispute. Universal Entertainment has indicated plans to file criminal charges.","focusai_entities":"PAGCOR, Kazuo Okada, Okada Manila, Tonyboy Cojuangco, Hajime Tokuda, TRLEI, Universal Entertainment","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Okada Manila Operational Impact?","query":"What are the long-term implications of this governance dispute for Okada Manila's operational stability and market positioning within the Philippine integrated resort sector?"},{"label":"PAGCOR Monitoring Evolution?","query":"How will PAGCOR's monitoring efforts evolve, and what specific measures will be implemented to ensure regulatory compliance and patron welfare amidst the leadership transition at Okada Manila?"}],"footnotes":""},"categories":[154,16333],"tags":[8986,405],"class_list":["post-30421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-east-asia-news","tag-okada-manila","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30421","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=30421"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30421\/revisions"}],"predecessor-version":[{"id":30455,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/30421\/revisions\/30455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25407"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=30421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=30421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=30421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}