Kazuo Okada-led board says discussions with banks ongoing over frozen accounts

The Kazuo Okada-led board of Okada Manila operator Tiger Resort, Leisure and Entertainment Inc (TRLEI) says it is currently in discussions with the three banks that reportedly froze the accounts of the Philippines integrated resort last week.

In a statement issued via the TRLEI website, the Kazuo Okada group insisted that “all financial obligations are met and … all ongoing business transactions are right on track.

“The purported Bank Freeze … has reported has no effect at all on Okada Manila’s commitment to its partners and valued patrons. Management is closely working with the Banks in order to provide continued support to TRLEI’s business needs.”

Source: https://www.asgam.com/index.php/2022/06/21/kazuo-okada-led-board-says-discussions-with-banks-ongoing-over-frozen-accounts/