[325]The time of bondage ends like a thunderbolt. 3
While Jin Young-Jun’s warrant review was in progress from evening to dawn, hundreds of people held pickets and protested in front of the court. It was a demand to arrest the man who ate up 7 trillion won, a lot of money saved for the people’s retirement. Of course, they were extra actors prepared by my father, but they were quite believable.
There was no way to avoid arrest due to public opinion, money, and the statements of those already arrested.
Early in the morning, breaking news broke that Jin Young-jun was arrested, and it’s just the beginning. Although the court’s final ruling has not been made yet, we cannot wait to completely turn the tide.
“Invalidation of C&T merger and restriction of voting rights for Jin Young-jun’s illegally acquired C&T shares. These two lawsuits are being pursued simultaneously. “We must not give ourselves time to take a breather.”
“Who are you talking about?”
Vice President Jang Do-hyung asked cautiously.
“Who is it? These are executives from electronics and industrial products. We must not allow them to feel guilty about betraying Vice Chairman Jin Young-ki or Jin Young-jun. That way, there will be no difficulty in holding a temporary board meeting and appointing me as CEO.”
“Then what do you plan on doing at the shareholders’ meeting?”
The lawyers who were present seemed more worried about the general shareholders’ meeting than the board of directors. Even if I am appointed as CEO by the board of directors, it will be useless if the board is dissolved at the general shareholders’ meeting.
“We must make sure that a board meeting is not held to bring me down. That’s why litigation is important. Do you understand?”
“yes. “Director.”
The lawyers responded with nervous expressions. I know that if this matter fails, everyone will be kicked out of Sunyang. And I also know that if I succeed, my life will be even more spectacular than it is now.
The lawyers left and Managing Director Woo Byeong-jun came in.
“How is the situation over there?”
“I call presidents and executives every day. It’s clear that Vice Chairman Jin Young-ki is making a big move… .”
Director Woo trailed off.
“So? Is there anything strange?”
“The Vice President is not dead yet. Government officials also come and go one after another.”
“is it so? “What is the list of those people?”
Managing Director Woo Byeong-jun handed out a list. He scanned through the names and tore the paper. My confidence became stronger.
“They are all trash. “If my uncle’s power only extends to this extent, there is nothing more to look at.”
First of all, I left it for an hour. Well, there is no way that public officials who make a living based on their wits cannot read the general trend.
He spoke again to Vice President Jang Do-hyung.
“Sunyang Electronics is now divided into three factions, right?”
“yes. “Chairman Young-Jun Jin has been arrested and a battle over wits is in full swing.”
Jinyoung-gi’s Sujok and the emerging faction of Confucianists promoted by Jinyoung-jun to executive positions. And people who are at the forefront of electronics by starting the mobile phone business.
They kept each other in check and always clashed.
“Please make a seat. “Wouldn’t it be nice to see people who are yelling at each other gathered in one place?”
C&T can be purchased through shares, and the former can be acquired by unanimous consent of the board of directors.
* * *
“Business merger invalid. Jin Young-jun’s stock voting rights will be restricted until the trial is over. “If the extraordinary shareholders’ meeting is held again, who do you think will own Sunyang Corporation?”
The three people in front of the teacups said nothing.
“However, I plan to take office as CEO through a resolution of the board of directors without an extraordinary general meeting of shareholders. If the shareholders don’t like me becoming the CEO of Sunyang Corporation, they will hold a shareholders’ meeting and fire me. But what do you think? Do you think such a shareholders meeting will be held?”
They still said nothing.
“Like Jinyoung-Jun Jin, I will become the general CEO of C&T and Electronics. “Same day, same time.”
“I think it will work out as you said.”
Jinyounggi, the oldest of the three, said. They know this too. The trend has already turned.
The media made Jin Young-jun into an unscrupulous bastard who defrauded the public of 7 trillion won in national pension funds, the blood and sweat of the people, and who got divorced due to complicated issues with women.
On the other hand, I am a global leader who travels the world and hangs out with big names, and was selected by Forbes magazine as the world’s richest person. They also think that since there are no shareholders to oppose me, it is only a matter of time before I become the chairman of Sunyang Group.
“But can you protect it?”
No matter how weak he is, Jin Young-jun is released on probation. At that moment, Young-Jin Jin will regain his voting rights and rally his forces again, and there is a possibility, albeit very low, that he will regain his assets.
If that happens, they will immediately become traitors.
This is what they are worried about.
“When I become CEO of C&T and Electronics, the first thing I will do is sell all C&T and Electronics stocks held by the two companies.”
The three people were surprised, but the Jjambap they ate was different. I had an idea where to sell it.
“Miracle has enough financial resources to handle it, so it would be possible. Then, Miracle controls Electronics and C&T, and Electronics and C&T controls the remaining affiliates, so we have a solid governance structure.”
“That’s right. “It is the same structure that now dominates construction, heavy industry, and department stores.”
Change the circular shareholding structure to a vertical structure. This is the structure that all conglomerate leaders want, but it is impossible due to lack of money.
Now the three people started to look at each other. They are putting each other off so that someone else can speak up first. I said those difficult words first.
“Convince the executives to unanimously nominate me during the board meeting. “Without conditions.”
“yes?”
“I will take the former and consider whether to give the three of them positions or to dismiss them altogether. If you’re thinking of doing business with me, give up. A deal is proposed by the powerful. You don’t deserve that. “I believe you all know who is stronger.”
Among the people I have to control, I have to use force to suppress everyone except those who truly follow me.
Talented people like those who have climbed through the rough jungle to reach high positions have no respect for others or loyalty. There is only one thing they understand: fear.
“I will meet you again in the Sunyang Group Chairman’s office, the same room that my grandfather used to use. Then ask for a favor, not a deal or negotiation. “Let’s hear what you want.”
I could see the anxiety in their eyes. It’s a look I’ve seen many times.
Because it was the look in his eyes that he always showed in front of his grandfather.
* * *
Jin Young-jun received a call exactly three days after his arrest. He must have felt that the trend was tilting after consulting with lawyers.
“Where is Youngjun now?”
“yes?”
Jin Young-jun’s lawyer was startled and stammered.
“It’s okay because I know I’m not in the detention center. I’m not the type of person to sleep with my back on the cement floor. “Where?”
“Near the detention center… . “It’s a motel.”
The lawyer confessed it with difficulty.
“I guess they bought it quickly because people had their eyes on it. “In your name?”
“yes.”
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“let’s go. “Get directions.”
I followed the lawyer’s car. Assistant Manager Kim Yun-seok could not erase his anxious expression.
“Chief, are you okay?”
“why? I thought they were going to stab me at the motel? Right now, I am holding Jinyoung-Jun’s leash. “Don’t worry, I’m just asking to compromise within a reasonable range.”
I put aside the worries of Assistant Manager Kim and his entourage and entered the motel parking lot.
“He’s on the top floor. then.”
The lawyer bowed his head and returned to his car in the parking lot.
When I opened the motel room door, an urgently transported bed and sofa caught my eye. Even though it got to this point, I didn’t forget about a comfortable sleep.
“I’m doing well. I’ll skip asking if you’re okay. “How much did you give to the detention center director?”
“I picked it up a bit. sit down.”
If this fact is discovered, the detention center director will be dismissed. But what does it matter since you will have received dozens or hundreds of times the salary and pension you will receive throughout your life?
“Let’s not make it complicated and end it in the first trial.”
“Is that up to me?”
“Your in-laws’ house was strong. All of the judge’s names start with Seo. The prosecutor in charge is your alumnus. “The sentence is three years, and since I am a first-time offender, the sentence ends with a year and a half of probation.”
“Let’s say you ask your father-in-law and buy your classmate a drink and that’s it. What do I get? Do you know how much money was wasted to create this situation? “It’s a long way to go to get back the money.”
Jinyoungjun sighed between his clenched teeth and spoke slowly.
“The former is the face of the group, so you can keep it, and I will separate only C&T and take it with me. “Please attach only five or six affiliates under Mulsan.”
This guy clearly read the situation.
There was no such thing as a dramatic comeback, so I made a big decision.
You can imagine how hard the lawyers worked to persuade Jin Young-Jun to make this decision.
“Is that the final conclusion you’ve been thinking about for three days?”
“What should I do anymore? “Would you feel better if you took everything, leaving nothing behind?”
“No, that’s not even close.”
“what?”
“… … .”
“I understand that most of the slush fund that my uncle had hidden away was used to purchase stocks. is not it?”
Seeing as there is no answer, it seems to be correct.
“So you’re saying that all the stocks your brother owns are? Of course, they probably thought that if they took over electronics and industrial products, they would be able to easily recover the slush funds they had invested.”
“Just say it. “What do you want?”
“Brother, spit out all the stocks you own. If you say you donate as an apology to the public, the court will also take into account the circumstances. Of course, the donation should be made to a foundation I designate, right? Then, the first trial ends with probation. I’ll just stay at this motel for a couple of weeks. “There are so many women to call, so time will pass quickly.”
“This guy is really… !”
“What you can buy with your brother’s Sunyang Group stock is neither C&T nor its affiliates. The sentence is everything and time is a bonus. “Keep that in mind.”
I stood up from the well-cushioned sofa and pointed to the cell phone lying on the bed.
“The temporary board meeting of C&T and Electronics will be held in a week. I will take office as general CEO. My offer is only valid for one week. When this society ends, there are no more offers. and… . Talk about this over the phone. “Don’t say come or go.”
I left the motel room while looking at Jinyoung-jun, whose whole body was shaking.
* * *
In the end, a week passed, but Jinyoungjun did not contact me. He knows it too. It may take time, but you can be released on probation.
He is caught in a net that he cannot escape from anyway. Jin Young-jun could deal with it again when he left the detention center, and I had to do my best at the extraordinary shareholders’ meeting that was right in front of me.
In the Sunyang Group conference room, about 30 registered directors of C&T and Electronics were waiting for me.
More than a hundred reporters camped out in the lobby of the Sunyang office building and around the building waiting for the results to come out, and employees also waited anxiously.
The posters posted throughout the lobby played a role in putting pressure on the directors.
“We support Jin Do-jun. 1. All employees of Sunyang Electronics, Sunyang Products.”
This is not something I asked to do. It was a voluntary action by the employees.
In fact, the moment I entered the lobby and saw this poster, tears came to my eyes.
Finally I came here.
It’s not because I remember the past when I was just mowing the lawn after joining the company.
It was because I remembered the face of my grandfather who passed away while holding my hand tightly.
“Hey! What are you procrastinating on? “It doesn’t go up quickly!”
It was a familiar voice. And for me, there is only one person who can do this or that.
“Little old man!”
Grandpa Joo Byeong-hae was standing there, holding a cane and smiling brightly at me.
“What’s going on? So far?”
“What happened? Isn’t today the day you enter the chairman’s office, following in my brother’s footsteps? How could I miss that moment? “This is the moment when Sunyang’s official second president appears!”
Yes.
Other than my grandfather, there is no one who has served as chairman of Sunyang Group.
Today is the day I become the second president, following in my grandfather’s footsteps.
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