Okada not to attend Wynn Macau board meeting

LOS ANGELES | Thu Feb 23, 2012 7:32pm EST

LOS ANGELES Feb 23 (Reuters) - Billionaire Kazuo Okada said on Thursday he would not attend the special meeting of Wynn Macau Ltd's board of directors meeting, where the agenda item was to remove him as a director.

In a letter to the board, Okada said it was clear the result of the vote was already predetermined and that the decision to remove him as a director was based on false and misleading assertions. The special board meeting was called as a result of an escalating battle between Wynn Resorts CEO Steve Wynn and his former friend and partner Okada.

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