Tiger Resort chairman removed following revelations of illegal activity

Japanese businessman Kazuo Okada has today been removed from his post as chairman of the Tiger Resort Leisure and Entertainment Inc, following allegations of suspected “illegal activities”. It follows an ongoing investigation by Tiger’s parent company, Universal Entertainment Corp in which the company accused Okada and a fellow director of a “serious violation of governance” pertaining to a transfer of a HKD135m loan from a Hong Kong ba...