Ikawa gambled until just before net closed

Former Daio Paper Corp. Chairman Mototaka Ikawa, who was arrested over huge loans he allegedly borrowed from subsidiaries to gamble, visited a casino in Singapore until just before the case was exposed in September and wagered up to 150 million yen a day, according to sources. As of this month, more than 1 billion yen still remained in a bank account in which Ikawa kept money for gambling. The Tokyo District Public Prosecutors Office's special investigation unit had been secretly looking into Ikawa since this spring. However, Daio Paper only started its own internal investigation after being tipped off by an e-mail sent from a whistleblower in a group subsidiary Sept. 7. According to sources, Ikawa frequently visited a casino at a high-class resort that opened in central Singapore in April 2010. (Yomiuri)