(Phnom Penh) – A shareholder of YY Capital Partners Co., Ltd. has petitioned the Cambodian Ministry of Justice, seeking action against the company’s Chairman, Yamada Taihei. The shareholder alleges that Yamada, a Japanese national, abused his position to commit serious financial misconduct and breach of trust.
The allegations claim that Yamada inflated real estate purchase prices in Cambodia, diverting an estimated USD 4 million for personal gain. He is also accused of bypassing shareholder authority, creating fictitious business deals and loans totaling over USD 7 million, and using forged documents and shell companies to move funds—some reportedly transferred overseas to an account in his wife’s name.
Yamada is further suspected of establishing multiple shell companies across Cambodia, Malaysia, Singapore, and Japan, placing nominees as company representatives while retaining direct control over financial operations.
In Cambodia, Yamada and his associates face at least two criminal cases, with court orders freezing several assets and bank accounts. Authorities in other countries, including China, Japan, Malaysia, Singapore, Hong Kong, and the United States, are also reportedly investigating him for embezzlement, money laundering, and document forgery.
The shareholder’s appeal calls on Cambodian authorities to conduct a thorough, impartial investigation, ensure all legal procedures are followed, and hold Yamada accountable. The appeal also warns of potential interference by 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)
