Investor Seeks Justice Ministry Intervention in YY Capital Dispute

PHNOM PENH, Cambodia — A shareholder in YY Capital Partners Co., Ltd. has formally appealed to Cambodia’s Ministry of Justice to investigate alleged misconduct by the company’s chairman, Yamada Taihei. The investor claims he was defrauded and financially harmed through a series of suspicious business dealings.

According to letters submitted to authorities, Yamada, a Japanese national, is accused of breaching trust and misappropriating funds. The investor alleges that real estate transactions in Cambodia were manipulated, inflating purchase prices and resulting in an estimated $4 million being diverted for personal gain.

The correspondence also details claims of fictitious loans exceeding $7 million, document forgery, and large-scale cash diversions routed through shell companies linked to Yamada and associates. Some funds, the letters allege, were transferred to an overseas bank account in the name of Yamada’s wife, Ye Jun.

The investor further alleges that Yamada established shell companies in Cambodia, Malaysia, Singapore, and Japan using nominees while maintaining direct control over their finances and transactions.

In Cambodia, prosecutors have filed charges in at least two criminal cases related to these allegations, with assets and bank accounts frozen under court orders. Authorities in multiple countries, including China, Japan, Malaysia, Singapore, Hong Kong, and the United States, are reportedly investigating related claims of embezzlement, money laundering, and document forgery.

In his appeal, the investor urged Cambodian authorities to ensure a thorough and impartial investigation, warning of potential attempts to evade accountability, intimidate witnesses, or destroy evidence.

The case remains under investigation, and all allegations are yet to be proven in court.

(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)