Kazuo Okada and three others have been indicted in connection with the takeover of the Okada Manila casino hotel on May 31.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- It’s emerged that a Department of Justice (DOJ) <\/strong>panel has indicted Kazuo Okada and three other people for grave coercion after their seizure of control of the Okada Manila casino hotel on May 31<\/a>. Those accused alongside Okada are business partners Antonio \u201cTonyboy\u201d Cojuangco, Dindo Espeleta and Florentino \u201cBinky\u201d Herrera III.<\/p>\n\n\n\n They are accused of taking over the integrated resort facilities by force. A group led by former board member Cojuangco arrived at the venue on May 31 with about 50 private guards and police officers<\/strong> who claimed they were authorised by a court order to take over the Okada Manila complex.<\/p>\n\n\n\n In April, the Supreme Court of the Philippines had issued a status quo ante order (SQAO) that recognised Kazuo Okada as the sole representative of Tiger Resort Asia Limited in Tiger Resort Leisure & Entertainment and ordered his reinstatement as a shareholder, director, chairman and CEO. <\/p>\n\n\n\n However, the DOJ says the accused “went beyond what the SQAO has simply permitted”<\/strong> when they compelled the complainants to leave.<\/p>\n\n\n\n A resolution dated August 25 reads: “The fact that respondents Cojuangco, Espeleta and Herrera arrived at Okada Manila with a large number of security officers, law enforcers and a sheriff, caused complainants to be greatly intimidated and unable to resist orders from the respondents. <\/p>\n\n\n\n “The overpowering number of security and law enforcers has made complainants\u2019 resistance futile. This show of force is equivalent to such intimidation that equates to coercion.”<\/p>\n\n\n\n Although Okada was not present during the takeover, he was included by DOJ prosecutors in the indictment because \u201cthe incident happened with his prior knowledge, assent or imprimatur.\u201d<\/p>\n\n\n\n However, the DOJ, has dismissed a complaint against Kazuo’s group for slight physical injuries. State prosecutors also determined that there was insufficient evidence to recommend charges against for kidnapping, serious illegal detention and direct assault.<\/p>\n\n\n\n In September, Tiger Resort Asia Limited (TRAL) <\/strong>retook control of Okada Manila<\/a>\u2019s casino resort. Kazuo Okada remains recognised on the board for now in view of the SQAO which temporarily restored him to his position. However, he did not attend the board’s first meeting<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Kazuo Okada and three others have been indicted in connection with the takeover of the Okada Manila casino hotel on May 31.<\/p>\n","protected":false},"author":176,"featured_media":10582,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Kazuo Okada and three associates have been indicted for grave coercion following their forceful takeover of the Okada Manila casino hotel on May 31. The Department of Justice determined their actions exceeded the scope of a Supreme Court status quo ante order, despite the order temporarily reinstating Okada to the board. Tiger Resort Asia Limited has since retaken control of the integrated resort.","focusai_entities":"Kazuo Okada, Antonio \u201cTonyboy\u201d Cojuangco, Dindo Espeleta, Florentino \u201cBinky\u201d Herrera III, Department of Justice (DOJ), Tiger Resort Asia Limited (TRAL), Tiger Resort Leisure & Entertainment, Supreme Court of the Philippines, Okada Manila","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"SQAO Interpretation Impact","query":"What are the long-term implications of the DOJ's interpretation of the Supreme Court's SQAO for future corporate governance disputes within the Philippine gaming sector?"},{"label":"Operational Stability Outlook","query":"How might this ongoing legal dispute and leadership instability affect Okada Manila's operational performance, market positioning, and investor confidence in the coming fiscal quarters?"}],"footnotes":""},"categories":[439,158,16333],"tags":[8986],"class_list":["post-34047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-slider-home","category-south-east-asia-news","tag-okada-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34047","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=34047"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34047\/revisions"}],"predecessor-version":[{"id":34103,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/34047\/revisions\/34103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10582"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=34047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=34047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=34047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}