Investor Appeals to Cambodia’s Justice Ministry Over YY Capital Dispute

PHNOM PENH, Cambodia — An investor in YY Capital Partners Co., Ltd. has formally sought intervention from Cambodia’s authorities in a dispute involving the company’s chairman, Yamada Taihei, accusing him of breach of trust and financial misconduct.

In letters sent to Cambodian officials, including the Ministry of Justice, the investor claims he was defrauded and financially harmed by Yamada, a Japanese national leading the company’s board. The letters allege that real estate transactions in Cambodia were manipulated, with preliminary findings suggesting that approximately $4 million may have been misappropriated for personal gain.

The investor also accuses Yamada of orchestrating fictitious business deals, including loans exceeding $7 million, and carrying out large-scale document forgery and cash diversions through shell companies. Some of these funds were reportedly transferred to an overseas account in the name of Yamada’s wife, Ye Jun.

According to the letters, Yamada allegedly established shell companies across Malaysia, Singapore, Japan, and Cambodia, using nominees while retaining direct control over bank accounts and financial operations.

Cambodian authorities have already filed criminal charges in at least two cases involving Yamada, with court orders freezing assets and bank accounts. Investigations are ongoing, and authorities in multiple countries—including China, Japan, Malaysia, Singapore, Hong Kong, and the United States—are reportedly reviewing allegations of embezzlement, document forgery, breach of trust, and money laundering.

The investor urged Cambodian courts and law enforcement to conduct a thorough inquiry, warning that interference could allow suspects to avoid 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)