Urban Medical Immortal Dad
Chapter 395: Reclaiming Capital_1

Chapter 395: Chapter 395: Reclaiming Capital_1

"For the first phase of the East City Commercial Street project, our Luo Group has invested over four hundred million in total."

"Now Shengtian Group has turned against us and is using the supposed problem with our supply materials to demand that we pay triple in compensation."

"That means not only can’t we recoup the four hundred million in costs, we’re also facing a compensation of twelve billion."

Old Lady Luo furrowed her brows, her expression grave as she said, "The legal department of Shengtian Group is no ordinary foe; in all these years, I haven’t heard of anyone winning a lawsuit against them."

"So, in all likelihood, we won’t be able to win this lawsuit."

Luo Zitong’s heart skipped a beat as she asked urgently, "Grandma, do you mean to say that our Luo Group really has to pay twelve billion?"

"How could we possibly come up with that much money!!!"

"Alas, it was my carelessness, I underestimated the relationship between Luo Ning and Ling Yuzhu."

Old Lady Luo sighed and then lifted her head, speaking bitterly, "Ling Yuzhu probably found out that we drove Luo Ning out of Luo Group, which is why she is punishing us with this tactic."

"With Shengtian Group’s blacklist decree, how many enterprises in Jiangling City can withstand that?"

"Director Li of Jie No, Director Wang of Wei Kang, and Director Tu of Gao Yuan—all of whom spoke cordially with us before—changed their attitudes as soon as Secretary Wang mentioned dissolving our cooperation. You saw it yourself."

"Alas, when all is said and done, our Luo Group lacks a powerful backer."

Old Lady Luo heaved a deep sigh, shaking her head as she looked at her granddaughter and said earnestly, "Zi Tong, if you could marry into the Tao Family in Jiangnan City, or those prominent clans in Dragon City, Feng City, Xiang City, would Ling Yuzhu dare to treat us this way?"

"Grandma..."

Luo Zitong felt extremely distressed inside. How did it come to this, that I became the scapegoat in the end?

"Enough, let’s drop this."

Old Lady Luo waved her hand, interrupting her granddaughter’s speech, "I’ve thought it over, and tomorrow, our entire family will pay a visit to Luo Ning and ask if she can get Ling Yuzhu to revoke the blacklist decree."

"Luo Ning is tough on the outside but soft on the inside; she should be willing to help us with this favor."

Over the years, Old Lady Luo had never referred to Luo Ning as a ’child’, but in such a critical moment, she had no choice but to pin her hopes on Luo Ning to help save Luo Group from disaster.

Although Luo Zitong was somewhat displeased, she also knew this was the only viable option at present. She nodded slightly, her gaze flickering towards her father who lay unconscious on the floor, and couldn’t help sighing, "What about dad’s situation? The full forty million..."

Old Lady Luo chuckled softly, gesturing dismissively, "Wei Gang is not a concern. If he dares to demand money, I’ll just give the police center the video of him ordering people to beat up Yuantu and instructing others to snatch our financial assets!"

"He’s a smart man, having already made fifty million; he should know what choices to make."

As she spoke, she looked toward the front door with a profound gaze, murmuring, "What I’m truly worried about now is Shengtian Group’s blacklist decree. Once it gets out, the usurious loans you and Xuan Ran borrowed in Jiangnan City, and the money Yuantu took from Yingtong, Lvshan, and Tengniu, they will likely press us for repayment."

"Luo’s Group’s headquarters and various projects are mortgaged there. Although we could deny it under the name Luo Ning signed, if they really investigate, we would be in a very passive position."

"Moreover, the commercial bank called me this morning to press for repayment of the twenty-million debt."

At this moment, Old Lady Luo seemed to have aged ten years.

For the first time, she felt utterly helpless. The sensation was like an invisible net enveloping her and Luo Group, wrapping them up layer by layer.

"Thump, thump!"

At that moment, another knock sounded at the door.

"Who is it?"

Old Lady Luo and Luo Zitong turned simultaneously like startled birds, their faces filled with fear as they looked towards the doorway.

"Sorry to disturb you."

A middle-aged man with a slicked-back hair and a neatly tailored suit, flanked by two subordinates, entered carrying a document. With a demeanor characteristic of bank officials, he spoke, "I’m Xue Gong, the new deputy manager of Jiangling Commercial Bank."

"Old Lady Luo, your Luo Group borrowed twenty million from Jiangling Commercial Bank four months ago. The deadline has been overdue by more than a month. May I ask when you will repay it?"

It was a case of misfortunes never coming singly; Old Lady Luo had just been worrying about the bank demanding repayment when the deputy manager arrived to press for payment.

She managed to squeeze out a faint smile, responding, "Deputy Manager Xue, our Luo Group’s cash flow has been a bit tight recently. Could we have a little more time to loosen the strain, and once we pull in our funds, we will repay you immediately."

"Pull in funds? Old Lady Luo, do you think I’m a fool?"

Xue Gong snorted coldly, saying indifferently, "A friend just informed me that Shengtian Group has terminated their cooperation with you and has put your Luo Group on a blacklist."

"Your Luo Group has no way to receive project payments now; how could you possibly pull in funds!"

"I don’t wish to say more. If you don’t repay this sum within three days, Jiangling Commercial Bank has the right to freeze your account deposits, and we may auction off all of your fixed assets, including this villa!"

"At the same time, Chairman Old Lady Luo, General Manager Luo Yuantu, Deputy General Manager Luo Xuanran, as well as PR Manager of the Marketing Department Luo Zitong and others will be listed as dishonest persons!"

"By then, you won’t be able to travel on high-speed trains, airplanes, ships, and other public transportation, and high-consumption venues such as upscale hotels, restaurants, and golf courses will also be off-limits to you!"