Investor Calls on Cambodia Justice Ministry to Investigate YY Capital Chairman

PHNOM PENH, Cambodia — An investor in YY Capital Partners Co., Ltd. has appealed to Cambodian authorities to step in amid allegations of financial misconduct and breach of trust by the company’s chairman, Yamada Taihei.

In letters sent to the Ministry of Justice and other authorities, the investor claims he was defrauded and suffered financial losses due to Yamada’s actions. 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 gain by Yamada and his associates.

The correspondence also accuses Yamada of creating fictitious business transactions, including loan agreements totaling more than $7 million, committing document forgery, and diverting cash through shell companies. Some funds were reportedly transferred to overseas accounts under the name of Yamada’s wife, Ye Jun.

The investor further claims that Yamada established shell companies in Malaysia, Singapore, Japan, and Cambodia, using nominees while maintaining direct control over bank accounts and financial operations.

Cambodian prosecutors have filed criminal charges in at least two cases involving Yamada, with court orders freezing assets and bank accounts. According to the letters, authorities in several countries—including China, Japan, Malaysia, Singapore, Hong Kong, and the United States—are also investigating allegations of embezzlement, document forgery, breach of trust, and money laundering.

The investor urged Cambodian courts and law enforcement to conduct a comprehensive investigation, expressing concern that potential 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)