(Phnom Penh) – A shareholder of YY Capital Partners Co., Ltd. has filed a formal appeal with the Ministry of Justice of Cambodia, calling for urgent intervention in a case involving the company’s Chairman, Yamada Taihei, who is accused of large-scale financial misconduct and breach of trust.
The shareholder alleges that Yamada, a Japanese national, abused his position to manipulate real estate deals, inflate property prices, and divert company funds for personal benefit. Preliminary investigations suggest that approximately USD 4 million may have been misappropriated.
According to the appeal, Yamada reportedly made decisions without consulting other shareholders, fabricated business transactions, arranged loans exceeding USD 7 million under false pretenses, forged official documents, and channeled large sums of money through shell companies he controlled. Some of these funds were allegedly transferred overseas to an account under his wife’s name.
The shareholder also claims that Yamada established multiple shell companies in Cambodia, Japan, Malaysia, and Singapore, using nominees as official representatives while maintaining direct control over all financial operations.
In Cambodia, Yamada has already faced criminal charges in at least two cases, with several assets and bank accounts frozen under court orders. Additional investigations are ongoing. Authorities in China, Japan, Malaysia, Singapore, Hong Kong, and the United States are reportedly examining related financial activities for embezzlement, document forgery, and money laundering.
The appeal highlights concerns that influential individuals could interfere with the legal process, intimidate witnesses, or compromise evidence, and urges the courts to ensure a fair and thorough investigation.
The shareholder calls on Cambodian authorities to act decisively, hold the accused accountable, and protect the rights of investors and other shareholders.
Citation: Fresh News, Cambodia(https://freshnews.com.kh/localnews/414009-2025-12-31-18-18-36)