LAS VEGAS — Wynn Resorts said Sunday that it has deemed Kazuo Okada, formerly a close ally of Steve Wynn, as “unsuitable” based on an internal investigation, and is forcibly redeeming his shares in the company.

Wynn Resorts will pay Okada $1.9 billion in 10 years for his 20 percent stake, which The Wall Street Journal estimates is worth $2.77 billion.

Wynn Resort’s board of directors said it had acted after an investigation conducted by former FBI Director Louis Freeh. The report accused Okada of paying $110,000 to Philippine government regulators.

The Journal said Okada told the investigators he had learned of some of the payments afterwards and that two employees had left as a result. He also said he had ordered an investigation into other payments.

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