Investor Appeals to Cambodian Authorities Over YY Capital Allegations

PHNOM PENH, Cambodia — An investor in YY Capital Partners Co., Ltd. has formally asked Cambodian authorities to intervene in a dispute with the company’s chairman, Yamada Taihei, alleging misconduct and breaches of trust that caused significant financial losses.

In letters submitted to the Ministry of Justice and other authorities, the investor claims that Yamada, a Japanese national and chairman of the board, manipulated multiple real estate transactions in Cambodia, resulting in an estimated $4 million being misappropriated for personal gain and that of associates.

The investor also alleges that Yamada created fictitious business deals, including loans exceeding $7 million, engaged in document forgery, and diverted cash through shell companies controlled by him and alleged accomplices. Some funds, the letters say, were transferred to a bank account overseas registered in the name of Yamada’s wife, Ye Jun.

According to the letters, Yamada reportedly set up shell companies in Cambodia, Malaysia, Singapore, and Japan using nominee directors while maintaining direct control of bank accounts and transactions linked to these companies.

In Cambodia, prosecutors have filed charges in at least two criminal cases involving Yamada and others, and courts have frozen assets and bank accounts. Investigations are also reportedly ongoing in other jurisdictions, including China, Japan, Malaysia, Singapore, Hong Kong, and the United States, covering allegations such as embezzlement, document forgery, breach of trust, and money laundering.

The investor urges Cambodian authorities and courts to conduct thorough investigations, warning that interference could allow suspects to evade justice, 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)