(Phnom Penh) – A shareholder of YY Capital Partners Co., Ltd. has formally appealed to the Ministry of Justice of Cambodia, seeking intervention in a case against Yamada Taihei, the company’s Chairman. The investor alleges that Yamada misused his position to commit acts of financial misconduct, resulting in significant losses for the company and its shareholders.
The complaint details claims that Yamada manipulated real estate transactions, inflating purchase prices to allegedly divert approximately USD 4 million for personal gain and that of associates. He is also accused of bypassing shareholder authority by arranging fictitious loans and business deals exceeding USD 7 million, using the names of reputable corporations to mislead investors.
Additional allegations suggest that Yamada established multiple shell companies across Cambodia, Malaysia, Singapore, and Japan, appointing nominees as company representatives while retaining full control over the companies’ finances. Some of the funds are reported to have been transferred overseas, including to a bank account under the name of his spouse.
In Cambodia, Yamada and his associates are already facing multiple criminal cases, with courts freezing several assets and bank accounts. Authorities in countries including Japan, China, Singapore, Malaysia, Hong Kong, and the United States are reportedly investigating him for embezzlement, money laundering, and document forgery.
The shareholder’s letters urge Cambodian authorities to ensure impartial and thorough investigations, uphold justice, and prevent interference that could allow the accused to evade accountability, intimidate witnesses, or compromise evidence.
Citation: Fresh News, Cambodia
(https://freshnews.com.kh/localnews/414009-2025-12-31-18-18-36)
