TWO FORMER OFFICERS of the Philippine Amusement and Games Corporation (PAGCOR) figure in a suit that Wynn Resorts filed against one of its director Kasuo Okada, a Japanese gambling tycoon who owns 20 percent of the company's equity stocks.
The suit indicated that Okada spent more than $110,000 for payments and gifts to, and to curry favor from, former PAGCOR chairman Efraim Genuino and current chairman Cristino Naguiat. The payoffs purportedly occurred in 2008. [Source]
