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Japanese gaming tycoon removed from Okada Manila

MANILA, Philippines: Japanese gaming tycoon Kazuo Okada has been officially removed from Okada Manila following the lifting of the Supreme Court order that temporarily reinstated him as a shareholder, director, chairman and chief executive officer (CEO) of the company operating the casino hotel.

In a notice dated November 27 issued by Jun Fujimoto, representative director and president of Universal Entertainment Corporation, parent company of Okada Manila, the Supreme Court recently issued a resolution denying the petition of Kazuo in the intra-corporate case he filed against Tiger Resorts Leisure and Entertainment Inc. (TRLEI).