Authorities nabbed Okada at the Ninoy Aquino International Airport (NAIA) Terminal 1 after he landed from Haneda, Japan. His camp said he immediately posted bail for his freedom.
Japanese gaming tycoon Kazuo Okada was arrested Monday upon his arrival in the Philippines over grave coercion charges.
Okada, together with his business partners Antonio “Tonyboy” Cojuangco, Dindo Espeleta, and lawyer Florentino “Binky” Herrera, are facing criminal charges for grave coercion due to their illegal and violentThe Supreme Court in April ruled that Okada could once again lead the Okada Manila integrated casino-resort as chief executive officer of its operator Tiger Resorts. He led the company until he was ousted in 2017 on suspicion of misappropriating $3 million.
“As we wrap things up in fixing the mess that The Kazuo Okada Group brought to Okada Manila, we are optimistic that the intra corporate dispute will soon be resolved by the Philippine courts,” Asano added.
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