156. false ledger(2)
a few days later
This time, Ho-young was in the creditors’ meeting room with Kim Joo-jung.
“75 billion yen! This just makes no sense!”
“Why do you say it doesn’t make sense?”
“Japan First Bank is a bank with a long history, which is 50 years old this year. Such a bank at such a low price…”
“Is there a stupid law that says you have to pay a high price for something that’s been around for a long time? Even 75 billion yen was expensive for us.”
Hoyoung said with a relaxed face.
Ken Samada, who served as the representative of the creditors, had an impulsive thought of punching the smiling Hoyoung in the face.
But that can’t be the case.
It was because Hoyeong was completely holding the hilt.
Hoyoung said with a grin, wondering if he had already read Ken’s mind.
“Chairman? CEO? What should I call you?”
“representative···. Please call me.”
“good. CEO. Do you know how I came to this place?”
Ken could not answer Hoyoung’s unexpected question and only blinked.
“In my mind, I would like to do something that never happened to take over a bank. Do you know?”
“yes?”
“It was written in the letter we sent last time, but we already know that the financial statements of Japan First Bank were manipulated.”
“that···.”
“I don’t want to hear excuses. Do you know why we, Gaia Investment, are even here to negotiate the takeover, even though we know all about it?”
“That’s it, Korea First Bank…”
Seeing Hoyoung’s expression harden rapidly, Ken shut his mouth.
“If it had not been for the Prime Minister’s request, we would never have invested in the crumbling Japanese market. I want you to know that.”
Ken tried to frown on his own, but he managed to keep his expression.
Hoyeong clearly pointed out two things with her words earlier.
That he would never trade with fabricated financial statements, and that there is a prime minister behind him.
“…Still, 75 billion yen is too little.”
But Ken continued to maintain his brazen attitude.
The proportion of bonds he currently holds with Japan First Bank is around 3%.
If he had to sell it anyway, it would be more profitable for him to add the price even if it was just 100 yen.
However, he also had the senses to see the situation, and the head to figure it out.
He rolled his eyes and groaned out loud.
“However···. If it’s 80 billion yen, I’ll pass it cleanly.”
Hoyoung laughed.
I thought that the representative of the creditors must have been impatient.
Until now, he had not given a specific price, but now he was talking about 80 billion yen.
If it was 80 billion yen, it was actually the amount Hoyoung had set as a goal.
However, since Ken came out like that, Hoyoung had no intention of buying at that price.
“77 billion yen. There are no further negotiations.”
“this···.”
“If you refuse further here, I will take these materials and head straight to the prosecution. We will probably give orders from the higher up, so we will investigate this case with the highest priority.”
Ken’s face wrinkled at the sound of being a prosecutor.
In fact, this was the part he was most worried about.
If Ho-young finds a clear reason for manipulating the books and reports it based on that, he will go to prison without looking back.
“But the reason I didn’t do that was because it took time. No matter how fast you do it, it will take you a month or two because of the trial process to get you into jail. And I’m wasting my time. Do you know? That’s why I’m willing to spend an extra 2 billion yen to buy it at this point.”
“Ugh···!”
Ken didn’t answer and just sighed.
I never imagined that the word prison would come out of Hoyoung’s mouth.
“If you don’t cooperate with this price, I’m willing to wait a month or two. If you go to jail, the bank can take over at the price we want, or maybe even less.”
“……”
Hoyoung’s demeanor was dignified.
It sounded like he was threatening Ken.
No, in a way, it was right to threaten.
It was a bargain with evidence of ledger manipulation.
and after a while
Ken said in a trembling voice.
“All right. We will turn it over to 77 billion yen.”
“good.”
Hoyoung is Tang! said, hitting the desk.
Then he looked at Kim Joo-jung and smiled.
Kim Joo-jung recognized the meaning of that laugh at once.
“Look. Did you get it for less than $80 billion?”
“okay. It really did what you said.”
Kim Joo-jung said with a smile.
This did not happen once or twice, but whenever something similar happened, he was always surprised and amazed.
‘Isn’t Hoyeong seeing the future?’
I was only making wild guesses.
“Senior, then could you do some finishing work? I’m a little tired, so I want to go to the dorm first.”
“okay. Now, it will be over as long as you write and sign the acquisition contract anyway.”
“It is a job that needs to be looked at carefully. There is no one I can trust unless I am a senior.”
“Don’t come here and try to get on the plane. You must be tired, so go and get some rest. As soon as I finish work, I will go to the hotel, so let’s have dinner together.”
Watching Kim Joo-jung speak indifferently, Ho-yeong thought it was a good idea to designate him as Gaia’s temporary agent.
“okay. Anyway, you really worked hard.”
“At the end of the day, I really couldn’t figure out how things were going. If you hadn’t come today, I would have stood still and signed for 80 billion yen.”
“Whoops. That’s what being the first is all about. You will get used to it if you repeat it over and over again.”
Kim Joo-jung made an absurd expression.
“repeat?”
“yes. You never know if you’ll be acquiring a few companies in the future. I heard that you are constantly working part-time jobs.”
“Wasn’t that only applicable to the acquisition of Japanese banks this time?”
Hoyoung smiled and said.
“Isn’t the Japanese bank the only company in the world to take over?”
Looking at Hoyeong’s expression, Kim Joo-jung had originally had it sewn up, but this time she couldn’t help but think that it seemed that her nose was really screwed up.
“Anyway, I really go. Please call me on my cell phone.”
“Okay. See you later.”
Ho-yeong left Kim Joo-jung and went back to the hotel with Mi-ru.
As soon as we got into the car on the way back, Miru started talking to Hoyoung.
“President. Do you leave the creditors’ representative as it is?”
“no. You can’t leave it like that.”
“then…?”
“If the contract is successfully completed today and the takeover is confirmed, the prosecution will file a complaint.”
“Wouldn’t the acquisition price be reduced on the condition of not reporting it?”
Hoyoung shrugged and said.
“I will not accuse him. However, the Japanese government was very interested in this matter.”
Hoyoung spoke as if he were talking to someone else.
Even though Miru knew that Hoyoung had been on the phone with Prime Minister Kiichi until just yesterday evening, she was almost fooled.
“I am just handing someone evidence that these financial statements have been fabricated. It’s not what I’m reporting. I am not even Japanese.”
Hoyoung spoke smirkingly.
Miru thought that the person who would hand over the fabrication evidence would be an aide to Prime Minister Choi.
“Anyway, let’s go quickly. I was sincere when I said that I was tired and wanted to rest.”
“Yep. President.”
The car carrying Hoyoung quickly returned to the hotel.
.
.
.
Ho-young worked hard on Kim Joo-jung’s performance, and during a month, Ho-young took over two additional banks.
Japan First Bank, Central Bank, Citizens Bank.
Hoyoung was able to acquire three banks for a total of 210 billion yen by investing an additional 100 billion won in addition to about 2 trillion won raised by selling his stake in ABC Broadcasting Group.
The pattern of bank purchases was almost the same as when acquiring Japan First Bank.
The Central Bank and Citizens Bank also had problems such as manipulating financial statements to make bad debts look even a little bit, or not reflecting the declining value of bonds, and Hoyoung correctly pointed out those points.
A bank takeover was unusual, so a transition team had to be organized.
Hoyeong had no one to trust in Japan, so everyone had to be hired, but of course, the Prime Minister introduced people from the financial sector whom he could trust, so he was able to organize the transition team.
“Ho Young-ah. Still, the name of the transition committee is that it’s not just people with too pro-government tendencies gathered?”
“It will be fine. After all, there are no people in the financial sector that we know separately in Japan, right?”
“But… you never know. If the government were to change like this, would we be on the complete opposite side of the government?”
Kim Joo-jung’s concerns were valid.
According to the original history, Prime Minister Kiichi is submitted to the Cabinet of No Confidence for responsibility for not catching the economy that was collapsing at the end of misunderstanding, and at the same time, the Liberal Democratic Party split and the parliament was dissolved.
If that happens, the relationship Hoyeong has built up until now with the Japanese government will be in vain.
“Do not worry. I think the prime minister won’t change for a while.”
Hoyoung gave Prime Minister Kiichi some advice that could ease the collapsing economy.
Policies such as issuing government bonds and cutting taxes by a large margin were able to draw a positive response from the Japanese people.
And the Prime Minister was fully informed about marketing and the power of public opinion.
Maybe that’s why these days, Japanese news channels have begun to praise Prime Minister Kiichi’s economic stimulus plan throughout the day.
In addition, the news that the prime minister has already attracted 2 trillion won in external funds to clear up all non-performing loans has also begun to spread.
It was, of course, incredibly welcome news for the Japanese people, especially ordinary citizens who used the First Bank, the Central Bank, and Citizens Bank.
It never mattered to them who owned the bank.
But the most important thing is whether or not their deposits are safe.
If public opinion is formed in this way, Prime Minister Kiichi will not receive a motion of no confidence for a while.
Because the power of public opinion is that powerful.
‘It’s going to be easier in Japan than I thought.’
Hoyoung gave a satisfied smile.
From now on, this nation would become the goose that lays golden eggs for Hoyeong.
.
.
.
Returning to Korea, Hoyoung spent a few days working on the Chronos 3 at H&H without incident.
And a few days later, Lee Jin-chan, who had finally gone on a honeymoon, returned to Korea.
On the first day Lee Jin-chan returned to work at H&H, Ho-yeong handed over the work to Lee Jin-chan.
After talking about work, Lee Jin-chan said that he had visited 8 European countries on his honeymoon, gave Ho-young a lot of gifts, and told him about what had happened on the trip.
Hoyoung wasn’t very interested, but Lee Jinchan was talking so excitedly that he listened quietly.
“Anyway, I’m really glad you came back safely.”
“okay. Thank you for all your hard work during that time. Company work like this, how is the development of Chronos 3?”
Hoyoung smiled and said.
“It goes smoothly. It was probably a month earlier than the original completion date.”
“In one month. Could it be released in April next year?”
“Yes.”
Lee Jin-chan was genuinely impressed with Ho-young’s ability.
“Of course I knew you were a genius developer, but as expected, you are amazing every time I see you.”
“haha. If I can’t even do this, there is nothing I can do well.”
“What. last time i saw you I’m good at talking to women.”
“That was the situation, so it couldn’t be helped.”
Lee Jin-chan said with a humorous smile.
“Last time I saw it, it looks like Ha Su-min gave you a phone number as well. Have you tried calling?”
“that is,…”
Hoyoung told Lee Jinchan that Ha Sumin was holding the note so tightly that he couldn’t get his phone number.
“So, you never contacted me?”
“Yes.”
“Oh… Then what about Lee Joo-yeon?”
“You don’t need to contact them either.”
Lee Jin-chan clicked his tongue as he looked at Ho-yeong.
“done. What do you want from you this way? okay! I can’t. I have to get it right.”
“What?”
“You must set aside time this Saturday.”
“why?”
Lee Jin-chan said with a serious face.
“this Saturday. This is the first meeting of our mountaineering group. Let’s go to Mt. Gwanak.”
“So suddenly? Wouldn’t everyone say no?”
“That’s something I’ll have to figure out and get back to you. are you able can not?”
Hoyeong tried to figure out this week’s schedule in her head.
Then, unfortunately, I realized that there was no schedule.
“I think it’s possible?”
“OK. Then call.”
Lee Jin-chan started looking forward to the weekend already, thinking that he would be able to see something interesting.
