PHNOM PENH, Cambodia — An investor in YY Capital Partners Co., Ltd. has formally requested that Cambodian authorities intervene in a dispute with the company’s chairman, Yamada Taihei, citing serious allegations of financial misconduct and breach of trust.
In letters sent to the Ministry of Justice and other officials, the investor claims he suffered significant financial losses after being defrauded by Yamada, a Japanese national who serves as chairman of the board. The letters allege that real estate transactions in Cambodia were manipulated, with preliminary findings suggesting that around $4 million may have been misappropriated for personal benefit.
The investor further alleges that Yamada orchestrated fictitious business deals, including loan arrangements exceeding $7 million, engaged in document forgery, and diverted large sums of cash through shell companies. Some funds were reportedly transferred to overseas accounts under the name of Yamada’s wife, Ye Jun.
According to the letters, Yamada also established shell companies in Malaysia, Singapore, Japan, and Cambodia, using nominees while maintaining direct control over all related accounts and financial transactions.
Cambodian authorities have already filed criminal charges in at least two cases involving Yamada, freezing certain assets and bank accounts under court orders. Investigations are ongoing, and authorities in multiple jurisdictions—including China, Japan, Malaysia, Singapore, Hong Kong, and the United States—are reportedly reviewing allegations of embezzlement, document forgery, breach of trust, and money laundering.
The investor urged Cambodian courts and law enforcement to conduct a full and impartial investigation, warning that any interference could allow suspects to evade accountability, intimidate witnesses, or destroy evidence.
(Source cited in the original text: Fresh News, Cambodia.)
Citation: Fresh News, Cambodia
(https://freshnews.com.kh/localnews/414009-2025-12-31-18-18-36)
