The Youngest Son Of A Rich Family - Chapter 296
[296] Banthing on good terms? 7
“Anyway, watch how your motive responds. When it’s noisy over there, we have to make sure our affiliates are solid.”
“father. If you split the group, it drops to less than half. What does it mean when you cut it in half?”
When the new instructions were finished and only two rich people were left, Jin Yeong-joon burst out with the dissatisfaction he had endured.
“There are times when we take a step back. Now is the time.”
Vice Chairman Jin Young-ki neither got angry nor yelled at his son’s voice.
“HW has become Sunyang Construction’s largest creditor with Miracle’s enormous funds. In my opinion, the Miracle HW Group and Do-joon are joining forces to pressure the construction. Construction cannot be maintained.”
Even Jin Young-joon, who is over 40 years old, knows what it means to not be able to keep the construction. It means that the stake in heavy industry held by construction will be passed over, as well as the stake in precision machinery and chemicals held by heavy industry.
The circular shareholding structure among subsidiaries, which is a good structure for controlling a group, is the same for anyone.
If you hold onto construction and heavy industry, other affiliates will come into your hands one after another, like sweet potato vines.
“It’s a fact I’ve confirmed, but HW poured a whopping 10 trillion won to eat Sunyang Construction and Daehyeon Construction.”
“Ten thousand?”
“It’s not just that. I brought in 10 billion dollars as an emergency foreign exchange to make the bank into my side… no, a loyal dog that listens well. Because of that, the bank bowed its head and the government sided with them.”
I know without saying It’s not HW Group’s money, it’s Miracle’s money.
“There is another. Do-joon deposited a lot of money from Sunyang Financial Group in the bank. It’s not an investment, it’s just a deposit.”
“What if I withdraw the money all at once…?”
“okay. Will the bank be in trouble? I just joined hands with Miracle.”
Jin Young-Jun knew why his father had mentioned Jin Do-Jun’s name.
Jin Do-jun is Sun-yang’s face madam, and HW Group is the action plan. And Miracle is in charge of funding.
It was a plan to occupy one axis of the cruise with a perfect alliance of three places, and it succeeded by taking advantage of the financial crisis in the United States and the Middle East.
“Do you understand why I rushed to separate affiliates? This is the reason why I want to protect the company that I will pass on to you first. If even one of our subsidiaries stumbles, I cannot guarantee that it will not become a construction mess.”
He was a son who could no longer resist his father’s idea of locking the affiliates in his hands.
“Electronics and Mulsan are like holding companies. These two places should not be damaged no matter what. I’ll make sure of this right now. Then, just like the Daehyun Motor Group, you just need to expand again. Exactly in 10 years, by the time you turn 50, it is up to you to make the group the size it is today.”
The number of subsidiaries is not important. The key is how many affiliates that are the main pillars, and the wealthy already have the core of the group.
Pushing and pushing fights are frequent in the chessboard, and they were prepared to sacrifice at least a car for the final victory.
* * *
“Vice President! Right now, the prosecution has come in with a search and seizure warrant.”
“what?”
“The Management Support Headquarters seems to be the target. Heading straight there!”
While discussing self-rescue measures with his son, Vice Chairman Jin Dong-gi spurned his seat and ran out, and Jin Tae-joon hurriedly followed his father’s footsteps.
The office of the Management Support Headquarters was already occupied by prosecutors and documents and computers were being swept away.
“These guys! Can’t we all stop? How dare you say where is this place…!”
When the vibrator vice president trembled and screamed, a young man jumped forward.
“If someone you know well is like this, that means you’re nervous, right?”
“who is this? you?”
“Oh sorry. I am Kim Ji-hoon, a prosecutor at the Seoul Central District Prosecutor’s Office’s Financial Investigation Department.”
“Did the district attorney order it? Are you dusting so that I can raise my hands quickly?”
“Aren’t you the vibrator vice president?”
Prosecutor Kim Ji-hoon tilted his head as if he had no idea what he was talking about.
“what? What kind of nonsense is this guy talking about right now?”
“Vice President Donggi Vibrator is not the subject of an investigation. Because the prosecution is not interested in people who ruined the company. It’s none of our business. So, you don’t want our district attorney general to raise your hands, right?”
“This bastard…!”
Vibrator, who thought that his laughter was a mockery of himself, was shaking and unable to speak properly.
“Oh, there you are.”
Prosecutor Kim Ji-hoon pointed to Jin Tae-jun, who was standing behind the vibrator.
“You’re Jin Tae-joon, right?”
“…yes.”
“I have some research to do, so would you like to come with me? Since it is a voluntary companion, you can refuse it. But next time they’ll come with an arrest warrant. So, how about avoiding each other’s hassle?”
When the prosecutor pointed to his son, Vice President Vibrator turned his head away. I saw his son’s eyes trembling as if he was embarrassed and anxious. At this time, Prosecutor Kim Ji-Hoon’s voice sounded like a threat.
“When they come with an arrest warrant, they will bring a lot of reporters. As you know, when you make an arrest, you also wear handcuffs. If you really want to see it in the newspaper or on TV, you don’t have to go now. How is it?”
“Why? Why is my son?”
The vibrator turned back and screamed.
“The company invested 60 billion won in derivatives and blew it away. There is no way the company will be fine when the father takes other people’s money and messes with it for an unreasonable business, and the son spends a lot of money to fill his pocket.”
When the word 60 billion came out, Jin Tae-joon’s complexion turned earthy.
Vibrator, who saw this, closed his eyes.
The clear evidence that the prosecutor’s words are true is the son’s expression.
“You decide quickly. We have to go to work too.”
At the words of the prosecutor, who was completely out of laughter, Vice President Vibrator told the people around him.
“Call the lawyers. Everyone without exception.”
“yes. Vice President.”
When the staff took out their cell phones, the vibrator spoke to their son.
“Shut up and don’t say a word. Wait for the lawyer to come.”
“…yes.”
When Jin Tae-joon managed to answer, Prosecutor Kim Ji-hoon shook his head.
“The right to remain silent is good. But don’t you know that keeping your mouth shut is usually no different than admitting to a crime? Well anyway… Thank you for your cooperation.”
Prosecutor Kim Ji-hoon said to the prosecution staff who packed the box.
“Let’s hurry up and go to work.”
As the box-carrying prosecutors left, Jin Tae-joon whispered in the ear of his father, Vice Chairman Vibrator.
Vibrator Vice President’s expression gradually began to distort.
* * *
“Did you wipe it all out?”
“Your boss. Executive Director Jin Tae-joon also obediently followed as a reference.”
Deputy Kim Yoon-seok seemed excited for some reason.
“Purely?”
“yes. The prosecutor threatened to come back with an arrest warrant, so he said he took it down.”
Jihoon Kim seems to be doing a good job. It is not common to have the skills to deal with chaebols who are not at ease.
“Good job. Keep an eye on their movements and keep reporting.”
“yes. Manager.”
“They tell me to prepare two cups of tea on the way out.”
“Two drinks?”
“Guests are coming. Please don’t block me and tell me to let it go.”
There was no time to prepare tea or announce the arrival of guests in advance.
The customer who had already kicked in the door shouted in a spirited manner.
“Hey kid! How dare you touch my son?!”
It seems that the second eldest father does not see Kim Yun-seok as an assistant manager. He threw away his body stubble and spat out unreasonable words without hesitation.
“Deputy Kim, let’s go out.”
I nodded at him and got up from my seat.
“Please sit down. While having tea…” After
all, you shouldn’t touch your family. My uncle, who was always rational, grabbed me by the collar.
“You bastard! Do you think I will give up just because of 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 resign. I already gave up and collapsed. Accepting that fact is the moment when you realize the reality that you cannot save your son with your own strength.
I must have hurriedly called here and there, but all of them avoided or showed disapproval, so they ran to my room and made a fuss to get my son out.
As time passed, the eyes glaring at me shook, and the hand that grabbed me by the collar lost strength.
“Now sit down. Have a cup of tea and calm down.”
Vice Chairman Vibrator sat down on the sofa. After sitting in a daze for a while, I drank water first, as if my throat was burning.
“First, we need to clear up the misunderstanding. I stopped investing in derivatives. You can make a lot of money, but the risk is too great. And I took 60 billion of my own money to make up for it. I stopped doing useless things and even lent money. You may want to blame others, but… My uncle and Taejun hyung were both greedy.”
“It’s a trap you dug. The naive Taejun would have asked right away.”
“you’re right.”
“what?”
Sparks flew in the eyes of Vice Chairman Vibrator, who had a blank face.
“I said it was a trap. I warned you that if you fall in, you will die. Still, I jumped in. Is this still my fault?”
“Are you saying you’re stupid, not naive?”
“no. Didn’t I tell you? It was too greedy.”
The second uncle was silent again.
When the words come out of his mouth to send his son back home with my own strength, the boring endurance is over.
“Isn’t it really nice to hand over Sunyang to someone else? no i don’t like that It is not a company that is light enough to be thrown to others just because construction is shaking right now.”
He hesitated a little, but made up his mind.
It takes a more powerful blow to completely resign and get me to bow my head.
“Why are you giving it to someone else?”
“……?”
“Everything my second uncle has comes into my hands. Don’t you know how much I respected and loved my grandfather? Do you think you would hand over even one of those cruisers to someone else?”
“If the creditors take over construction and acquire stocks in affiliates, they cannot come. Do you think you could buy the stock back with your money? Even if you give them billions of dollars, they won’t sell it, so it’s a controlling stake. Lee Hak-jae will never give up that stake. Miracle is targeting our cruisers.”
haven’t you noticed yet?
However, it is unreasonable to expect an insight that can see through everything just by listening to a few words in a distraught state like now.
“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 just said is true. We will never sell our controlling stake to others, and it is also right to target the entire Sunyang Group.”
Surprised beyond words, Vice Chairman Vibrator left his mouth wide open.
Was it a powerful blow?
“The Sunyang car was not taken away, but I raised it with my own hands. Acquired Ajin Group and also ate Daeah Construction. All of those companies can be named Sunyang. Was there anyone in your family who took possession of someone else like your grandfather? When I was busy inheriting and keeping everything, I took things from others.”
“Yeah… you…?”
“My grandfather loved me the most and cherished me for a reason. It was because there was no bloodline as suitable as mine for the position of Sunyang’s chairman. The only thing my two uncles did to become Sunyang’s vice chairman and inherit the company was to be born as my grandfather’s son.”
He told the still dazed man an important lesson.
“What is easily obtained is easily taken away.”
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