Do Not Speak Ill of My Mother! -
Chapter 480: First arrest people, then talk about development
Chapter 480: First arrest people, then talk about development
"Have you heard? Xingyue had a lot of inspectors today, and the financial director was taken away?"
"Do you know? Xingyue was surrounded by the police today, and all the executives were taken away?"
"There was a miracle at Xingyue today; all the shareholders were sent in!"
"Xingyue is about to undergo a complete overhaul!"
"What, what? Xingyue’s going through a major shake-up?!"
The speed at which rumors spread is always astonishingly fast.
Although there were several inspections all at once, in the end, only the financial director was legitimately taken away. By the time the story got around, it had turned into all of Xingyue’s executives being taken away.
Of course, Spring City isn’t big, and normally even a passing fire truck can attract onlookers for a while, let alone the situation where several inspections were carried out at the same time?
A nosy person took a video of the police cars at the entrance of Xingyue Company and shortly after, posted a video of Director Liu being led away in handcuffs on social media, and the news immediately brought a frenzy.
In less than two hours, Xingyue’s shares plunged dramatically.
Are you kidding me, the company is about to collapse! Why hold on instead of dumping the shares?
No one knew that in front of a computer, someone was pushing up their glasses and buying up all the stocks priced below the market.
Inside the meeting room, a group of shareholders looked like defeated roosters, listless, hanging their heads low.
Yan Yueqing spoke unhurriedly, "It’s just one financial director that’s been taken in; why is everyone so downcast? Come on, try the tea I specially brought from Magic Capital."
President Chen chuckled and said, "Director Liu has been taken in, and Director Feng and President Liu went along to cooperate with the investigation. They haven’t found anything on you, so why the long faces?"
Zhou Jue also chimed in with a barb: "Those who don’t know better might think it was you who were taken in."
A few faces turned pale.
Yan Yueqing decided not to beat around the bush. Since everyone was being secretive, she simply said outright, "If no one wants tea, let’s continue with the meeting. By coincidence, before I came to Xingyue, I heard an interesting piece of news; would you like to hear it?"
President Chen was quite cooperative: "Please, President Yue, go ahead."
Zhou Jue also expressed his interest: "I am very intrigued, Mr. Zhou."
Yan Yueqing put down her teacup: "After Director Feng acquired the shares and became Xingyue’s second-largest shareholder, it wasn’t long before his own person replaced the financial director..."
This was not hard to find out; everyone who came to Xingyue knew it.
Xingyue used to be President Jiang’s private property, but due to policy changes and inconvenient things for overseas identities to handle, he gave up some shares, turning it into a financing company.
Feng Long was the first to take the bait, securing shares and waiting two years before replacing the most important financial director.
Firstly, the person arranged by President Jiang was impeccable in financial matters.
Secondly, they were also testing President Jiang’s intentions.
Only when they realized that President Jiang truly had no interest in managing Xingyue’s affairs did their appetite grow.
Yan Yueqing went on, "Unfortunately, Director Feng’s person was not very clean in handling matters; three years ago, they were taken away by the tax bureau, and later... it was this Liu Jun who, after layers of screening, took the position of financial director.
Liu Jun is President Liu’s person; there is no doubt about that. The company clearly has a rule that direct relatives cannot be employed, but some people have a way around it, a way to get through the approval process and join anyway."
She looked around at the silent shareholders, her smile broadening at the lips.
"The next part is going to be even more interesting. After Liu Jun became a director, she paid a hefty sum to President Liu every year as a form of respect, which is, of course, the right thing to do! But in addition to the money she gave to President Liu, she also paid her respects to Director Feng, President Qi, and President Wei. She didn’t go through company or personal accounts, but instead laundered the money overseas to make it clean and safe."
"But before you do these things, why don’t you consider the consequences? Do you really think that money, once laundered, has no flaws?! That you could even deceive yourselves?!"
Zhou Jue had long known they had these means and had secretly checked into it, finding that after the money was sent reasonably overseas by Liu Jun and then returned, there was almost nothing to be done.
Where did he have any overseas power to investigate?!
He had thought of contacting President Jiang to discuss the situation, but the people appointed by President Jiang had almost all been driven away by Feng Long.
For President Jiang, Xingyue was just a minor industry.
If President Jiang was indeed related to the legendary Jiang Family... then... Xingyue was nothing more than the least noticeable among their small companies.
The people left by President Jiang at the beginning were certainly not her confidants. Coupled with some later policy changes, and her preoccupation with more pressing matters, how could she pay attention to a small company like Xingyue?
Unable to contact President Jiang, Zhou Jue was out of options.
Now, someone was finally exposing their corruption. Zhou Jue felt a strange sense of relief and said sarcastically, "Oh my, tens of millions in respectful payments every year... tsk tsk, every time it’s dividend time, everyone is either crying poverty or talking about poor annual earnings. Turns out, it wasn’t about poor earnings; it was all about the money going into your own pockets!"
President Chen followed up immediately, "Who’s to say otherwise? It’s said that entertainment companies make money. We all invested in Xingyue thinking it had a bright future and put our entire fortunes into it, only to have our earnings eaten up by locusts! Who can we even turn to for this?"
Yan Yueqing’s smile never ceased, the two of them taking turns playing their parts as if they were performing a grand opera.
The few shareholders were so intimidated that they were dumbstruck and dared not speak.
Her beautiful eyes, untainted by any emotion, indifferent as if made of pure and pristine glaze, she said plainly, "Let’s be honest, with President Liu following suit, the chances of getting out are slim; and with the case in Director Feng’s hands, embezzlement isn’t the only charge. Even if he could walk out of the tax office’s doors smoothly, he would soon be entering another place. People involved in the incident can’t serve as directors, so soon... this place will be empty."
A few of them felt a chill run down their spine!
Facing Yan Yueqing’s faint smile, they finally realized—today, the company did not welcome a pretty little doll, but a Siberian tiger instead!
Yan Yueqing tapped the table leisurely, her demeanor calm and gentle.
With the softest tone, she delivered the harshest words.
"Gentlemen, now you have two choices. First, on behalf of President Jiang, I will thoroughly investigate this matter and bring out all the evidence of the overseas transactions for everyone to see clearly... However, doing so might harm the harmony among us. Although you might have been greedy, you weren’t the instigators... I am also willing to offer you a new path."
President Wei couldn’t hold back, nervously asking, "What’s the... the second option?"
"The second option is for everyone to transfer their shares. If you do that, I will no longer pursue this matter."
Transfer their shares!?
It was like they had been struck hard with a mallet!
They finally understood the purpose of Yan Yueqing’s visit today!
No wonder... no wonder she just said that she would only deal with five shareholders...
Apart from Director Feng, President Liu, and those two, didn’t it leave only five shareholders...?
What she said wasn’t off the cuff—she had it all planned out!
Was everything within her control?!
Search the lightnovelworld.cc website on Google to access chapters of novels early and in the highest quality.
If you find any errors (non-standard content, ads redirect, broken links, etc..), Please let us know so we can fix it as soon as possible.
Report