MANILA, Philippines — Embattled Japanese pachinko king Kazuo Okada has faced a major setback in his bid to regain control of his gaming empire here in the Philippines and Japan. The Tokyo High Court held that there was no legal basis to reverse the earlier decision of the district court against Hiromi. Accordingly, this court renders its judgment… to dismiss this appeal,” the High Court said. Hiromi challenged the district court decision before Tokyo’s High Court. By dismissing Hiromi’s appeal, the Tokyo High Court affirmed the validity of the trust agreement executed between Tomohiro and Hiromi.

Source: Philippine Star July 21, 2019 16:38 UTC