The Chaebeol’s Youngest Son Chapter 296

Resize text-+=

[296]Are we getting along well? 7

“Anyway, watch how your class reacts. “When things get noisy over there, we need to solidify our affiliates.”

“father. If you split the group, it drops to less than half. “What’s the point of cutting it in half and making it president?”

After completing the new instructions and only the two father and son remained, Jinyoung-Jun vented his pent-up frustration.

“There are times when you have to take a step back. “Now is the time.”

Vice Chairman Jin Young-ki did not get angry or yell at his son’s comments.

“HW became Sunyang Construction’s largest creditor thanks to Miracle’s enormous funds. In my opinion, Miracle, HW Group, and Dojun are joining together to pressure construction. “We cannot protect construction.”

Jin Young-jun, who is over 40 years old, also knows what it means to not be able to protect construction. This means that the shares of heavy industries held by construction will be transferred, and the shares of precision machinery and chemicals held by heavy industries will also be transferred.

The circular shareholding structure among affiliates, which is a good structure for controlling the group, is the same for everyone.

If you take control of construction and heavy industry, other affiliates will come into your hands like sweet potato vines.

“It is a fact that I confirmed, and HW poured a whopping 10 trillion won in money to take advantage of Sunyang Construction and Daehyun Construction.”

“Do you have ten pennies?”

“It’s not just that. With the bank on my side… . No, we brought 10 billion dollars into the country as emergency foreign exchange to make them obedient and loyal dogs. Because of that, the banks bowed their heads and the government took their side.”

I know it without having to say it. It’s not HW Group’s money, it’s Miracle’s money.

“There is another one. Dojun, that guy deposited a lot of money from Sunyang Financial Group’s affiliates in the bank. “It’s not an investment, it’s just a deposit.”

“If you withdraw all the money at once… ?”

“okay. The banks will go crazy, right? “I just joined hands with Miracle.”

Jin Young-jun knew why his father mentioned Jin Do-jun’s name.

Jin Do-jun is Sunyang’s face madam and HW Group is the action book. And Miracle is in charge of finances.

It was a plan to occupy one axis of Sunyang with a perfect alliance of three countries, and it succeeded by taking advantage of the financial crisis in the United States and the Middle East.

“Do you understand why I’m in a hurry to separate branches? This is why I want to first protect the company I hand over to you. “If one of our affiliates falters, we cannot guarantee that construction will not be ruined.”

He was a son who could no longer resist his father’s idea of ​​locking down the affiliates he had in hand.

“Electronics and C&T are no different from holding companies. These two places must not be damaged no matter what. I’ll make sure at this point. And you can expand again like Daehyun Motor Group. In exactly 10 years, when you turn 50, it will be up to you to build the group to its current size.”

The number of affiliates is not important. The key is how many key affiliates can be secured, and the rich already have the core of the group.

Push-and-push fights are frequent in the chessboard, and they were prepared to sacrifice their car and gun for the final victory.

* * *

“Vice President! “Now the prosecution has come in with a search and seizure warrant.”

“what?”

“It appears that the management support center is the target. “We’re heading straight there!”

Vice Chairman Jin Jin-gi, who was discussing self-rescue measures with his son, rushed out of his seat and Jin Tae-jun hurriedly followed his father.

Prosecutors’ Office employees had already taken over the Management Support Headquarters office and were sweeping up documents and computers.

“These guys! Can’t everyone quit? How dare you tell me where this is… !”

As Vice Chairman Jin Jin-gi trembled and screamed, a young man stepped forward.

“If someone you know well is like this, it means they’re nervous, right?”

“who is this? you?”

“Oh, sorry. “This is Kim Ji-hoon, a prosecutor in the Financial Investigation Department of the Seoul Central District Prosecutors’ Office.”

“The district prosecutor ordered it? Are you breaking the dust to get me to quickly raise my hands?”

“Aren’t you Vice President Vibrator?”

Prosecutor Kim Ji-hoon tilted his head as if he had no idea what was going on.

“what? This guy now… . “What nonsense are you talking about?”

“Vice Chairman Jin Dong-gi is not the target of the investigation. Prosecutors are not interested in people who ruin companies. It’s not even our responsibility. So our District Prosecutor’s Office isn’t trying to make the Vice President raise his hands, right?”

“This guy… !”

The vibrator thought that the laughing was a mockery towards himself, so his body trembled and he could not speak properly.

“Oh, there you are.”

Prosecutor Kim Ji-hoon pointed to Jin Tae-jun, who was standing behind the vibrator.

“You’re Jin Taejun, right?”

“… yes.”

“I have some research to do. Would you please come with me? Since this is voluntary accompaniment, you may decline. But next time, they’ll come with an arrest warrant. So, how about we avoid all the hassle?”

When the prosecutor pointed to his son, Vice Chairman Jin Jin-gi turned his head. I could see my son’s eyes shaking as if he was embarrassed and anxious. At this time, prosecutor Kim Ji-hoon’s words sounded like threats.

“When they come with an arrest warrant, they will also bring a bunch of reporters. As you know, when you are arrested, you are also handcuffed. If you really want to see it in the newspaper or on TV, you don’t have to go now. How is it?”

“What is the reason? “Why my son?”

The vibrator turned again and shouted.

“The company invested 60 billion won in derivatives and lost it. “The father is dragging other people’s money into an unreasonable business, and the son is spending a lot of money to fill his own pockets, so there is no way the company is doing well.”

When the word 60 billion came out, Jin Tae-jun’s complexion turned earthy.

The vibrator saw that and closed its eyes tightly.

Clear evidence that the prosecutor’s words are true is the son’s expression.

“Make a decision quickly. “We have to get off work too.”

Hearing the prosecutor’s smile disappear, Vice Chairman Jin Jin-gi spoke to the people around him.

“Call the lawyers. “Everyone, no one left out.”

“yes. “Vice President.”

When the employees took out their cell phones, the vibrator spoke to my son.

“You shut up and don’t say a word. “Wait until the lawyer comes.”

“… yes.”

When Jin Tae-jun barely answered, prosecutor Kim Ji-hoon shook his head.

“The right to remain silent is good. But don’t you know that keeping your mouth shut and not speaking is no different from admitting a crime? Well, anyway… . Thank you for your cooperation.”

Prosecutor Kim Ji-hoon spoke to the prosecutors holding the box.

“Let’s quickly get it and get off work.”

As the prosecutors holding the box left, Jin Tae-jun put his mouth to the ear of his father, Vice Chairman Jin Jin-ki, and whispered for a moment.

——————

faqwiki.us

Join our Discord for new chapter updates!

https://discord.com/invite/xr7SxG5T6V

——————

Vice Chairman Jin Jin-gi’s expression gradually began to distort.

* * *

“Everything was swept away?”

“Yes, manager. Executive Director Jin Tae-jun also obediently followed as a reference.”

Assistant Manager Kim Yun-seok looked somewhat excited.

“Obviously?”

“yes. “He said he got off because the prosecutor threatened to come back with an arrest warrant.”

Jihoon Kim seems to be good at his job. He is not very good at dealing with wealthy conglomerates.

“Thank you for your hard work. “We will closely monitor movements over there and continue to report.”

“yes. “Director.”

“By the way, I tell you to prepare two cups of tea on the way out.”

“Two drinks?”

“Guests will come. “I tell them to let it go and not stop it.”

There was no time to prepare tea or to announce in advance that guests were coming.

A customer who had already kicked in through the door shouted loudly.

“Hey, bastard! “How dare you touch my son?!”

It seems that the second uncle cannot see assistant manager Kim Yun-seok. He threw away his physique and did not hesitate to say pitiful words.

“Assistant Manager Kim, please go out.”

I nodded to him and stood up.

“Please sit down first. Have some tea… .”

After all, you shouldn’t mess with your family. My uncle, who was always rational, grabbed me by the collar.

“You bastard! “Do you think I’ll just give up because of something like this?”

didn’t say anything

I looked into his eyes and waited for him to calm down.

His son’s embezzlement is just an opportunity for him to give up. I already gave up and collapsed. Accepting that fact is the moment when he realizes the reality that he cannot save his son with his own strength.

I may have hurriedly called here and there, but everyone was avoiding me or showing reluctance, so wouldn’t it be like running into my room and making a fuss to get my son out?

As time passed, the eyes staring at me wavered and the hand holding my collar lost strength.

“Now please sit down. “Have some tea and calm down.”

Vice Chairman Vibrator flopped down on the sofa. He sat blankly for a while and then took a sip of water to see if his throat was burning.

“First, we need to clear up any misunderstandings. I stopped investing in derivatives. You can make a lot of money, but the risk is too great. And they took 60 billion won of my own money to make up for it. I stopped him from doing useless things and even lent him money. You may want to blame others, but… “My uncle and Taejun both did this because of greed.”

“It’s a trap you set. Taejun, who was naive, would have bitten that question.”

“you’re right.”

“what?”

A spark flashed in the eyes of Vice President Vibrator, who had a blank face.

“I said it was a trap. She warned me that if I fell, I would die. She jumped in anyway. “Is this still my fault?”

“You want to say I’m stupid, not naive?”

“no. Didn’t I tell you? “I was too greedy.”

The second uncle fell silent again.

The tedious struggle was over when the words came out of his mouth, asking me to use my own strength to send my son home.

“Is it really that good to hand over Sunyang to someone else? No, do you hate me that much? “We are not a company so light that we can just throw it away to someone else just because the construction industry is faltering.”

I hesitated a little, but made up my mind.

It would take a stronger blow to make them completely give up and bow their heads to me.

“Why do you give it to someone else?”

“… … ?”

“Everything that my second uncle owns comes into my hands. Don’t you know how much I respect and love my grandfather? Do you think you would hand over even one of those cruisers to someone else?”

“If creditors take over construction and get hold of affiliated stocks, they won’t be able to come back. Do you think you can buy back those stocks with the money you have? Even if you give them hundreds of millions of dollars, they won’t sell it, so it’s a controlling stake. Hakjae Lee never gives up his shares. Miracle is targeting our cruisers.”

Have you noticed yet?

Well, it is unreasonable to expect insight to see everything through just hearing a few words when you are in a state of confusion like this.

“That’s not it. I am the largest shareholder of HW Group. No, it’s Miracle. I am the largest shareholder of Miracle. Everything your uncle said just now is correct. “We will never sell the controlling stake to anyone else, and it is also right to target the entire Sunyang Group.”

Vice Chairman Vibration, who was extremely surprised, left his mouth wide open and forgot what to say.

Was it a powerful blow?

“The cruiser wasn’t taken away, I just raised it with my own hands. Ajin Group was acquired and Daeah Engineering & Construction was also acquired. All of those companies can be named Sunyang. Was there anyone in our family who took what belonged to others like our grandfather? “When people were busy inheriting and keeping everything, I took what belonged to others.”

“yes… . you… ?”

“There was a good reason why my grandfather loved me the most and cherished me. This is because there was no one as suitable as me for the position of Chairman of Sunyang. “All my two uncles did to become Sunyang’s vice president and inherit the company was to be born as his grandfather’s son.”

I told him, who was still dazed, an important lesson.

“What is easily obtained is easily taken away.”

—————————————

fantasy, modern,

Buy Me a Coffee at ko-fi.com

share our website to support us and to keep us motivated thanks <3