Philippine court orders arrest of Japanese casino mogul Okada

The DOJ has found cause to indict Kazuo Okada for three counts of swindling after he acquired “through mistake or fraud” $3.15 million in salary and consultancy fees. (File/AFP)
Updated 06 January 2019
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Philippine court orders arrest of Japanese casino mogul Okada

  • Okada had filed a motion for reconsideration at the DOJ, dismissing the accusations against him as baseless
  • Okada last year was ousted as chairman of Tiger Resort’s parent, the Japanese gaming group Universal Entertainment Corp. , after Universal’s board accused him of misappropriating $20 million

MANILA: A Philippine court has ordered the arrest of Japanese pachinko billionaire Kazuo Okada, about a month after the country’s Department of Justice recommended the filing of charges against him over three counts of fraud.
The DOJ has found cause to indict Okada for three counts of swindling after he acquired “through mistake or fraud” $3.15 million in salary and consultancy fees during his tenure as chief executive of Manila casino operator Tiger Resort.
Okada had filed a motion for reconsideration at the DOJ, dismissing the accusations against him as baseless.
Judge Rolando How of the Paranaque City Regional Trial Court Branch 257 ordered the National Bureau of Investigation and the Philippine National Police to present Okada to court. The warrant of arrest was issued on Friday and made public on Sunday.
The bail was fixed at 348,000 Philippine pesos ($6,627) for all three charges.
Tiger Resort previously said the payments were facilitated by its former president and were not authorized by its board.
Reody Anthony Balisi, Okada’s legal counsel in the Philippines, did not reply to Reuters’ requests for comment on the arrest warrant.
Okada last year was ousted as chairman of Tiger Resort’s parent, the Japanese gaming group Universal Entertainment Corp. , after Universal’s board accused him of misappropriating $20 million. He denied wrongdoing.
It was unclear if Okada was in the Philippines when the court issued the arrest warrant.
He was arrested in Hong Kong in August in relation to multiple corruption-related charges and is currently on bail.


Australian court remands man charged in Israeli student’s killing until June

Updated 17 min 38 sec ago
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Australian court remands man charged in Israeli student’s killing until June

  • The student, Aiia Maasarwe, was killed when walking home after a night out with friends in Melbourne
  • The crime sparked protests across major cities demanding safety for women

SYDNEY: An Australian court on Monday remanded to custody until June a man accused of killing an Israeli student, a court spokeswoman said, adding that he did not seek bail.
The student, Aiia Maasarwe, 21, was killed when walking home after a night out with friends in Melbourne, Australia’s second-largest city, sparking protests across major cities demanding safety for women.
Codey Herrmann, 20, whom media have described as an aspiring songwriter, appeared in court after being charged last week with the murder, the spokeswoman for the Melbourne Magistrate Court said.
“No application for bail was made, and the case was adjourned until June,” she said.
A lawyer representing Herrmann did not immediately respond to a request from Reuters for comment.