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VIDEO: Inside Kazuo Okada’s takeover of Okada Manila

Newsdesk by Newsdesk
Wed 1 Jun 2022 at 14:30
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A group representing Kazuo Okada took over the premises of Philippines integrated resort Okada Manila on Tuesday, with operating entity Tiger Resort, Leisure and Entertainment Inc (TRLEI) accusing them of “employing brute force and intimidation to compel key legitimate officers to vacate the premises.”

The takeover was prompted by the recent issue by the Supreme Court of the Philippines of a Status Quo Ante Order (SQAO) to TRLEI which ordered restoration of the composition of the Board of Directors to its 2017 lineup – before the dispute between Mr Okada and TRLEI’s parent company Universal Entertainment Corp that led to his ouster.

This video, courtesy of ABS-CBN, includes footage of this week’s dramatic events and commentary by Atty. Estrella Elamparo, Senior Partner of Divina Law, who is acting for TRLEI and was present during the takeover. 

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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