Investor Appeals to Cambodian Authorities Over YY Capital Allegations

PHNOM PENH, Cambodia — A shareholder in YY Capital Partners Co., Ltd. has requested that Cambodian authorities step in amid allegations of financial misconduct by the company’s chairman, Yamada Taihei. The investor claims he was defrauded and suffered significant losses due to the chairman’s actions.

In letters sent to the Ministry of Justice, the shareholder alleges that Yamada inflated prices in several real estate transactions in Cambodia, potentially diverting around $4 million for personal gain. The letters also accuse him of creating fake business transactions, including loans exceeding $7 million, forging documents, and funneling cash through shell companies linked to himself and his associates. Some funds are reportedly held in an overseas account under the name of Yamada’s wife, Ye Jun.

The correspondence further claims that Yamada set up shell companies in Cambodia, Malaysia, Singapore, and Japan using nominees, while maintaining direct control over their bank accounts and operations.

Locally, prosecutors have filed charges in at least two criminal cases involving Yamada, with assets and bank accounts frozen under court orders. Authorities in several other countries—including China, Japan, Malaysia, Singapore, Hong Kong, and the United States—are also investigating related allegations of embezzlement, document forgery, breach of trust, and money laundering.

The investor urged Cambodian authorities to conduct a thorough and impartial investigation, cautioning that interference could allow suspects to evade justice, intimidate witnesses, or destroy evidence.

YY Capital and Yamada Taihei have not responded publicly to the allegations.

(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)