Company Involved: Universal Entertainment Corp.
Industry: Consumer Services
Industry Subsector: Gambling
Official Involved: Rodolfo Soriano, a consultant with ties to the former head of the gaming regulator in the Philippines
Enforcement Action: Investigation
Summary: The FBI and authorities in the Philippines are investigating potential bribes paid by Universal Entertainment Corp. related to a casino project in Manila. Representatives of Universal have reportedly disavowed a $25-million payment made in 2010 to Rodolfo Soriano, blaming three former Japanese employees. In a statement to the press, Universal said, “We have no information at this time that this money was used to pay any government officials.”