(Phnom Penh) – A shareholder of YY Capital Partners Co., Ltd. has formally petitioned the Cambodian Ministry of Justice, seeking intervention in a case involving the company’s Chairman, Yamada Taihei. The investor alleges that Yamada, a Japanese national, engaged in serious breaches of trust and financial misconduct while managing the company.
The complaint claims that Yamada manipulated property purchase prices in Cambodia for personal gain, with preliminary estimates suggesting around USD 4 million was misappropriated. He is also accused of making unilateral decisions that disregarded other shareholders’ rights, fabricating business transactions, and creating loans totaling more than USD 7 million. These schemes reportedly involved forged documents and the use of shell companies, with some funds allegedly transferred to an overseas account under his wife’s name.
Additionally, Yamada is suspected of establishing multiple shell companies in Cambodia, Malaysia, Singapore, and Japan, appointing nominees as representatives while maintaining direct control over all financial transactions.
In Cambodia, Yamada and his associates face at least two criminal charges, with assets and bank accounts frozen by court orders. Investigations are also reportedly underway in China, Japan, Malaysia, Singapore, Hong Kong, and the United States concerning alleged embezzlement, money laundering, and document forgery.
The shareholder’s letters to the Ministry of Justice urge Cambodian authorities to carry out a thorough and impartial investigation, ensure proper legal procedures, and hold Yamada accountable. The letters also highlight concerns about potential interference from influential individuals that could obstruct justice, intimidate witnesses, or destroy evidence.
Citation: Fresh News, Cambodia(https://freshnews.com.kh/localnews/414009-2025-12-31-18-18-36)