(Phnom Penh) – A shareholder of YY Capital Partners Co., Ltd. has requested intervention from the Cambodian Ministry of Justice, alleging that the company’s Chairman, Yamada Taihei, misused his position to commit large-scale financial misconduct.
The shareholder claims that Yamada, a Japanese national, inflated real estate purchase prices in Cambodia, resulting in an estimated USD 4 million being diverted for personal gain. He is also accused of making unilateral decisions that ignored other shareholders’ authority, fabricating business transactions and loans exceeding USD 7 million, and using forged documents and shell companies to move funds. Some of these funds were allegedly transferred to an overseas bank account in his wife’s name.
Investigations suggest that Yamada may have created multiple shell companies in Cambodia, Malaysia, Singapore, and Japan, appointing nominees as representatives while retaining direct control over all financial operations.
In Cambodia, Yamada and his associates face at least two criminal cases, with court orders freezing assets and bank accounts. Reports indicate that authorities in China, Japan, Malaysia, Singapore, Hong Kong, and the United States are also examining allegations of embezzlement, money laundering, and document forgery linked to him.
The shareholder’s letters to the Ministry of Justice urge Cambodian authorities to carry out a thorough and impartial investigation, follow proper legal procedures, and ensure that Yamada is held accountable. The letters also express concern over 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)
