Investor Seeks Justice Ministry Intervention in YY Capital Allegations

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

The investor submitted letters to the Ministry of Justice and other authorities, claiming that Yamada, a Japanese national and chairman of the board, engaged in actions that defrauded him and caused significant financial harm. According to the letters, preliminary investigations suggest that approximately $4 million may have been misappropriated through inflated real estate purchases and other irregular transactions.

The allegations also include the creation of fictitious business deals, including loans totaling over $7 million, document forgery, and large-scale cash diversions executed via shell companies. Some of the funds were reportedly transferred to overseas accounts under the name of Yamada’s wife, Ye Jun.

The letters further claim that Yamada established shell companies in Malaysia, Singapore, Japan, and Cambodia, using nominees while retaining full control over the accounts and financial operations.

In Cambodia, prosecutors have filed criminal charges in at least two cases involving Yamada and others, and court orders have frozen certain assets and bank accounts. Investigations are reportedly ongoing, with authorities in China, Japan, Malaysia, Singapore, Hong Kong, and the United States also reviewing allegations of embezzlement, document forgery, breach of trust, and money laundering.

The investor urged Cambodian courts and law enforcement to conduct a thorough 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)