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Casino Employer Kazuo Okada Detained throughout Hong Kong in Fraud Prices

Japoneses tycoon Kazuo Okada has been reportedly in jail in Hong Kong on theft charges , according to Chinese media outlet stores. Mr. Okada was the head honcho and Chairman of pachinko and slot machine manufacturer Widespread Entertainment Corp., but had been ousted on the company last summer just after being identified to have moved more than HK$150 million coming from its is liable for personal help.

Chinese growing media outlets documented late the other day that Mr.. Okada appeared to be detained through Hong Kong's Independent Commission Against File corruption error . Set up in year 1974, the self-employed agency is liable for investigating together with eliminating infect activities.

As stated before, Mr. Okada was made out of the company after credit reports emerged this he had misappropriated funds upon two key occasions concerning 2015 and 2016 . The first occasion had concerned the businessman transferring the number of HK$135 million dollars as a mortgage to Goldluck Tech Restrained, a company the fact that, as it previously had turned out, he previously been connected to. The pass had been done without a required approval from the company's aboard.

The second affair had involved yourself Mr. Okada ordering the main preparation of the HK$16-million bearer check coming from Tiger Hotel Asia, any subsidiary with Universal Enjoyment, and had delivered that released. Following exploration by a private unit, obtained found out the fact that businessman acquired sought personalized gain.