Okada estafa cases junked

January 21, 2019
Kazuo Okada

THE Department of Justice has affirmed the dismissal of the estafa charges against casino magnate Kazuo Okada and several others in connection with the supply of light-emitting diode (LED) strips for the façade of Okada Manila.

In his 10-page resolution, Assistant State Prosecutor Alejandro Daguiso said respondent Tiger Resort, Leisure and Entertainment Inc. (TRLEI) failed to prove conspiracy between Okada and other respondents Kengo Takeda, Tetsuya Yokota and Aruze Philippines Manufacturing Inc.

“From the records, there appears to be no concrete evidence at all of Respondents’ alleged conspiracy and representations that brought about the contract in question,” Daguiso said in his decision as he affirmed the resolution of the Paranaque Prosecutors Office dismissing the case on May 15, 2018 for lack of probable cause.

The DoJ said TRLEI’s complaint merely relied on the assertions of its Chief Executive Adviser Dindo Espeleta of perceived close personal association between respondents without any reference to specific meetings or conversations on particular dates during the period of negotiations for the awarding of the Supply Agreement.

Also, the DoJ said the TRLEI’s complaint rendered itself defective after it failed to present receipts in evidence — either of the LED strips upon delivery or of the payment for the same.