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.


Portugal suspends visas for Iranians for 'security reasons'

Updated 13 min 39 sec ago
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Portugal suspends visas for Iranians for 'security reasons'

  • Foreign Minister Augusto Santos Silva said Portugal does not play around with entry into its territory

LISBON: Portugal has suspended the issuance of entry visas for Iranian nationals for unspecified security reasons, Foreign Minister Augusto Santos Silva told a parliamentary committee on Tuesday.
Answering a question from a committee member on whether such a move had been taken, Santos Silva said during the televised meeting: “Yes, we suspended those for security reasons ... I will provide explanations later, but not publicly.”
“Portugal does not play around with entry into its territory,” he added, without disclosing when the decision was taken.
The chairman declared the meeting closed after about two hours without further off-camera testimony.
Joao Goncalves Pereira, the lawmaker from the conservative CDS-PP party who asked the question, told Reuters: “We received information that visas for Iranians had been suspended for two or three weeks, and we just wanted to confirm that.”
He would not say what was the source of that original information or whether any Iranian nationals had complained about the situation.
Foreign ministry officials had no immediate comment and nobody was available for comment in the Iranian embassy in Lisbon.