Okada to face U.S. questions over Wynn ouster

Japanese billionaire Kazuo Okada will have to travel to the U.S. to face questioning over events leading to his ousting from Wynn Resorts’ board after failing to overturn a Nevada court order, Bloomberg reports.

The ruling last Thursday from the Nevada Supreme Court upholds an earlier decision by a lower court that ordered Okada, head of Universal Entertainment, to travel to Las Vegas for 10 days of questioning.

Okada was removed from Wynn’s board in 2012 and forcibly made to redeem a 20 percent stake in the casino operator.

He was seeking to avoid coming to the U.S. for a deposition with Wynn Resorts lawyers, who have said he was forced out in connection with a corruption probe.

The U.S. Justice Department started an investigation into whether he used a Universal subsidiary in Nevada to funnel illegal payments to gaming officials in the Philippines where he’s building a casino resort.