Okada’s lawyers vehemently denied reports quoting Hong Kong-based sources about his supposed arrest on alleged conspiracy to commit fraud against his own company, Okada Holdings Limited.
In a statement, lawyer Rean Balisi declared that the said case was dismissed earlier as of May 2018, and that the case now reportedly with the Independent Commission Against Corruption is a mere rehash of what was already dismissed.
“The move of Okada’s detractors are merely retaliatory to the two criminal cases filed by Okada and his daughter, Hiromi Okada, against Jun Fujimoto, Makoto Takada, Atsunobu Ishida and several other individuals for fraud concerning 43.48 percent shares [worth approximately HK$6.18 billion] in a Okada Holding Limited, a company incorporated in Hong Kong, and a suspected case of ‘money laundering’ involving US$43,497,203.80,” Balisi stressed.
According to Balisi, who was in close coordination with Okada’s lawyers in Hong Kong, there are no charges filed against Okada.
The lawyer also maintained that Okada and his daughter Hiromi are in control of Okada Holdings, a family corporation and that it is simply impossible and absurd for his client to defraud his own company.
