Okada to Meet with Gaming Control Board Over Foreign Payments
The Nevada Gaming Control Board has called in Japanese billionaire tycoon and previous Wynn director Kazuo Okada, along side three other directors of his Universal Entertainment Corp., for a closed-door hearing in a few days. It is all right component of the Control Board’s ongoing research into allegations that $40 million in payments was designed to Rodolfo Soriano, certainly one of Universal’s casino project consultants in the Philippines. Probably the insinuation is that Soriano received the money to grease some Filipino palms, but we might never imply such a plain thing, of course.
We could only report that both the FBI and the Philippines’ comparable, the National Bureau of Investigation, are having a look in to the matter to see if anything improprietous ended up being done. Universal Entertainment has maintained that it acted lawfully in the Philippines; most likely, who doesn’t give their consultants $40 million as being a token of these esteem?
Meanwhile, nobody’s commenting: not the Nevada Gaming Control Board and certainly no one from Universal Entertainment. Possibly that’s why they call it hush cash.
No Wrongdoing Alleged
This really is where we need to make clear that nobody has actually or officially been accused of accomplishing anything, particularly anything wrong. you can observe how it might look funny is all.
All this falls on the heels of Okada’s current resignation slash firing from the B Continue reading →