THE Justice department has issued an Immigration Lookout Bulletin Order against Japanese gaming tycoon Kazuo Okada, who has been charged with estafa by Tiger Resort Leisure and Entertainment Inc., the company managing Okada Manila.
Justice Secretary Vitaliano Aguirre II ordered Immigration Commissioner Jaime Morente to require all immigration officers to prevent Okada from leaving the country.
“We deem the issuance of an ILBO against the subject person prudent in order to at least monitor [his movements],” Aguirre said.
A person subject to an ILBO may still leave the country subject to some requirements―including clearance from the Justice department.
An ILBO is different from a court-issued hold departure order since the former only directs Immigration to be on the lookout for the subject and to verify the status of the case against him.
A person subject to the ILBO should seek an Allow-Departure Order from head of the Justice Department.
Okada served as chief executive of TRLEI, the local subsidiary of the Japanese firm Universal Entertainment Corp. and owner and operator of the casino resort-hotel Okada Manila, in April and May last year.
TRLEI recently filed separate complaints for two counts of estafa against Okada before the Parañaque City Prosecutor’s Office and another for perjury before the Makati City Prosecutor’s Office.
TRLEI accused Okada of illegal disbursement of company funds amounting to more than $3 million supposedly for his consultancy fees and salaries during his one-month tenure as CEO.
TRLEI claims that Okada himself―in a span of just one month―caused the disbursement of corporate funds through his alleged accomplice, Takahiro Usui, who was then TRLEI president and chief operating officer and who was also named respondent in the complaint.
The complainant says there was “no Board resolution approving or authorizing the payment of astronomical sums to Mr. Okada.”
On the second estafa case involves the supply of light emitting diode fixtures to Okada Manila by Okada’s personal company, Aruze Philippines Manufacturing Inc.
TRLEI claims that the $7-million supply contract was given to APMI on the behest or insistence of Okada, and in conspiracy with his close associate Kengo Takeda, who was the former Chief Technology Officer of TRLEI.
The LED fixtures were later found to be defective, and APMI turned out to be not authorized to engage in the manufacture of lighting materials contrary to its claim.