Okada mother firm seeks return of P122M

THE mother company of Okada Manila has issued demand letters to three officers of the casino resort and hotel complex for the immediate return of alleged “siphoned cage money” amounting to P122 million.

At the same time, Tiger Resort Asia Ltd. (TRAL), which owns 99.9 percent of the shares in Okada Manila operator Tiger Resort Leisure and Entertainment Inc. (TRLEI), offered a monetary reward to employees who can provide information that will lead to the recovery of any funds stolen or improperly paid to other third parties under the management of the current board.

View Full Article »