Quantcast
Latest Stories

Okada files libel suit vs Wynn in PH

By

Kazuo Okada and Steve Wynn. AP FILE PHOTO

MANILA, Philippines—Invoking libel protection provided by existing local laws, the group of Japanese pachinko mogul Kazuo Okada has gone to a Philippine court to sue erstwhile Las Vegas casino partner Stephen Wynn for “criminal defamation.”

Tiger Resort Leisure and Entertainment Inc., the local unit of Okada’s gaming firm Universal Entertainment Corp., filed at the city prosecutor of Paranaque City the criminal complaint against the chair of Wynn Resorts.

The Okada group said this case was for being the subject to “defamation, damage to credit and other harm as a result of the press release posted by Wynn Resorts on its official website on February 19, 2012.”

In a press statement Thursday night, the Okada group claimed it was in dispute with Wynn involving, among others, Okada’s opposition to an anomalous donation pledged by Wynn Macau Ltd., a Macau subsidiary of Wynn Resorts in Macau.

“Mr. Okada’s actions did not sit well with respondent, as the latter feared that an investigation would reveal that the purpose for the huge donation in Macau was improper and illegal. This prompted respondent Wynn to use the Philippine project as a pretext to eliminate and take over Mr. Okada’s stockholdings (through Universal Entertainment Corp. and Aruze USA Inc.), and remove him from Wynn Resorts,” the Okada statement said.

A subsequent board meeting of Wynn Resorts determined that Okada and his companies must have engaged in corrupt activities in connection with the Philippine project, based on the supposition that “the Philippines is a corrupt country” and further determined that Okada was to be dismissed from his position as vice chair of Wynn Resorts.

Wynn, thereafter, hired a former head of the Federal Bureau of Investigation, Louis Freeh and his firm Freeh Sporkin & Sullivan LLP, to conduct an investigation on the alleged corrupt activities of Okada and his companies.

“The investigation was clearly an afterthought and was commissioned for the purpose of providing justification for the baseless findings of the compliance committee,” the Okada statement said.

“Respondent maliciously caused copies of the Freeh Report to be given to the press, which enabled several newspapers to publish the contents of the Freeh Report,” the statement said.

That report alleged that the 69-year-old Okada had made improper cash payments and gifts totaling about $110,000 to gaming regulators, including those in the Philippines. It also alleged that Filipino regulators had received dinners, Chanel bags and suites at Wynn Macau, all courtesy of Okada.

Universal Entertainment through subsidiary Tiger Resorts broke ground on Jan. 26 at the 12-hectare Pagcor Entertainment City on Manila Bay that the Philippine government hopes will become Manila’s answer to the Las Vegas strip. Okada’s group and three others were awarded by state-owned Philippine Amusement and Gaming Corp. with a contract to build a hotel-resort complex in the Entertainment City during the incumbency of Efraim Genuino, Pagcor chairman during the presidency of Gloria Macapagal-Arroyo.

Besides accusing Okada of improper payments to foreign gaming regulators, Wynn, 70, forcibly bought back Okada’s 20-percent stake in the casino company at a deep discount.

Okada is now invoking the Philippines’ existing penal code to run after Wynn, noting that the primer on cybercrime issued by the Department of Justice last Nov. 26 provided that “as of the moment, cybercrime-related cases are dealt with using existing laws.”

The Okada statement said this means that “Internet libel may be dealt with or prosecuted” under the existing provisions of the RPC (Revised Penal Code) on libel.”


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: casino , Internel , libel , Okada , Tiger Resort Leisure and Entertainment , Wynn



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  • Why are Americans obsessed with missing plane?
  • Napoles to have surgery on Tuesday – report
  • Mayor’s assassination linked to black sand mining controversy
  • Initial batch of Etihad passengers tested negative for MERS-CoV
  • Sports

  • PBA D-League: Waves edge skidding Superchargers
  • Ilad’s last-second basket lifts Gems over Bakers
  • Reigning champs Miami open playoffs with win
  • Spurs subdue Mavericks in playoff opener
  • Wawrinka beats Federer to win Monte Carlo Masters
  • Lifestyle

  • Miss America: Don’t suspend teen over prom invite
  • Transitions and resurrection in the performing arts
  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • Arrest warrants out vs. Deniece Cornejo, Cedric Lee, et al over serious illegal detention
  • Lindsay Lohan says she had a miscarriage
  • Discovery network cancels Everest jump
  • ‘Captain America’ stays strong atop US box office
  • Easter musings
  • Business

  • Century Pacific Food sets IPO price at P13.75 per share
  • Oil prices down in quiet Asian trade
  • Asian shares mixed in holiday-thinned trade
  • BDO seen keen on bidding for Cocobank
  • Bataan freeport investment pledges up 1,302%
  • Technology

  • PH has slowest internet in Southeast Asia
  • Nintendo’s trailblazing Game Boy marks 25th anniversary
  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Filipinos in Middle East urged not to panic amid MERS-CoV scare
  • Obama on mission to quiet Asia skeptics
  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
  • Marketplace