Investor Seeks Cambodia Justice Ministry Intervention in YY Capital Dispute

PHNOM PENH, Cambodia — An investor and shareholder in YY Capital Partners Co., Ltd. has formally requested Cambodia’s authorities to intervene in a dispute involving the company’s chairman, Yamada Taihei, citing alleged breaches of trust and misconduct related to the firm’s operations.

The investor submitted two letters to Cambodian officials, including the Ministry of Justice, seeking support to “ensure justice” after claiming he was defrauded and financially harmed by Yamada, a Japanese national and chairman of the board. According to the letters, preliminary investigations suggest that around $4 million may have been misappropriated through inflated real estate purchase prices and other irregular transactions for the personal benefit of Yamada and his associates.

The letters also allege that fictitious business transactions were created, including loan arrangements exceeding $7 million, and that document forgery and large-scale cash diversions occurred via shell companies connected to Yamada and alleged collaborators. Some of the misappropriated funds were reportedly transferred to overseas bank accounts under the name of Yamada’s wife, Ye Jun.

Additionally, the investor claims that Yamada set up shell companies across Malaysia, Singapore, Japan, and Cambodia, using nominees while maintaining direct control over related bank accounts and financial operations.

In Cambodia, prosecutors have already filed charges in at least two criminal cases involving Yamada and others, with court orders freezing assets and bank accounts. The letters note that investigations are ongoing, and authorities in multiple jurisdictions—including China, Japan, Malaysia, Singapore, Hong Kong, and the United States—are reportedly examining allegations of embezzlement, document forgery, breach of trust, and money laundering.

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