Chapter 360 - Emergency Meeting (3rd Update)

Chapter 359 Emergency Meeting

When Hu Fei was discussing here, the government of Bangzi Country naturally held an emergency meeting, and this meeting was controlled within a small range.

"I need you to help me prove the authenticity of this document, and to check our archives to see if there is any record of it. President Wen gave the order directly.

"Yes, Mr. President. Everyone nodded immediately.

After these specific people went out to investigate, President Wen faced several of his staff and asked: "I don't think the other party can be untargeted in this matter, so I want to ask everyone, if this document is true, what should we do?"

"He's not a party after all, and if we deny it, we can find a lot of solutions. One of the staff members pondered for a moment, and then spoke, "Of course, the consequences of this are also very serious, after all, the other party is not a difficult person to get along with, if it is true, my suggestion is to negotiate with him, after all, these lands must have been some farmland or the like, and there is no way to compare with now." ”

"Even if we give him the land, but we have invested so much above, even if we convert this money to them according to a part of it, can he pay for it?" said another staff member after thinking about it.

"In addition, he inherits, according to our law, first of all, he has to pay 50% inheritance tax, which should be no problem. Another aide made an observation.

As soon as this sentence came out, many people's eyes lit up, yes, the premise is that he has to pay 50% of the inheritance tax, which means that they have to give each other at least 50% less than the price of these lands.

"Find someone to calculate the value of the land, and there are areas planned for it. President Wen pondered for a moment, and then spoke directly.

Someone immediately went to a professional to estimate that the land value in Seoul has risen rapidly, and the land price per square meter in Myeongdong, the most expensive central district, has risen to more than 100 million won, which is equivalent to more than 600,000 RMB according to the exchange rate.

Although the value of the part of the land owned by Hu Fei naturally cannot be so high, it will not be so low.

Soon more than a dozen staff members came in, and after these staff members got their tasks, they immediately calculated that such a large area of land could not be the same price.

However, they quickly gave an approximate figure, and the price of the 106 square kilometers of land is about 17 million won per square meter according to the average price.

Hearing this number, some of the responsible persons present immediately lit up, don't look at this number is only one-fifth compared to 100 million, but the most expensive place of more than 100 million, but this more than 100 square kilometers naturally cannot be the most expensive place.

But even so, according to this calculation, it is a terrifying astronomical number, and soon these people gave an answer. Because in terms of won, that number is too big to say.

So the staff gave a figure in US dollars, which is 1.59 trillion US dollars if the land is calculated at 17 million won per square meter.

A market value of more than $1.5 trillion! That is to say, if the other party wants to pay inheritance tax, it must pay more than $750 billion.

This is a terrifying astronomical number.

"If he wants to inherit, then he will have to pay us $750 billion in inheritance taxes, and according to our laws, if you look for some fees to pay in other areas, the amount of the other party may reach $1 trillion in a lump sum, which is impossible for anyone to come up with. The staff member spoke quickly.

"Even just in case, we can give a deadline, for example, to pay the inheritance tax within a certain period of time, after all, this is different from other examples. If the other party is unable to come up with this part of the money, then we can choose to compensate in other ways. ”

"As for how much compensation to give the other side, I think 10 is an appropriate number. The staff member said quickly.

"A tenth is too much, isn't it? Even a tenth is close to $160 billion. Another staff member frowned.

"Don't forget, the other party is Hu Fei, think about the three countries in Malaysia. The staff member said quickly.

"Wait, when it comes to Malaysia, the other side seems to have earned more than $300 billion on the exchange rate of those three countries, and $750 billion is not insured, right? Even if it is $1 trillion, the other party is likely to make up enough. A person next to him frowned and added.

As for the funds needed to attack the foreign exchange market and the funds he owns, these are two concepts, and this money is to be paid to us, that is to say, it is impossible for him to borrow or withdraw other funds, but if the other party has a bank in his name, he can completely withdraw bank funds, and this is not a problem at all. ”

"And do you think that a person like Hu Fei would have no bank in his name? There must be, but the outside world doesn't know about it. The staff member said with certainty.

As soon as this staff member said this, everyone immediately nodded in agreement with this sentence, and the funds used in financial investment and directly giving funds to others are two different concepts.

In the former, you can withdraw other funds, especially for capitalists with banks, and it is easier to withdraw funds, but in the latter, you must have what you own, what you really own.

"Don't forget that China has $3 trillion in foreign exchange reserves. One of the aides came up with another idea.

"Mr. Kim Jae-wook, do you think this is possible? It is impossible for a national government to contribute hundreds of billions of dollars for an individual, right?" said the staff member who spoke at the beginning had a somewhat strange tone.

"Staff Park Myung-woo, don't forget your identity and your duties, I think we have to take into account all the circumstances, Mr. President, I think we have to be cautious. Kim Jae-wook looked at the other party coldly and said.

"I agree with Kim Jae-wook's predecessor, Mr. President, I think we can test the other party's opinion first, of course, all this is after confirming the authenticity of this document, I think we can talk to the other side. Another staff member spoke.

"Don't forget, once tempted, it means that we admit that this document is true. Park Myung-woo also spoke.

"Actually, I think Mr. President, we have one thing to be sure of now, and that is this document, whether we recognize it or not. Kim Jae-wook turned his gaze to President Wen.

Admitting it or not admitting it is a different choice, but if you don't admit it, it means that the negotiation will collapse directly. You have to bear the consequences later, but if you admit it, then there is still room for maneuver, and the problem is admitted, no matter how much it is in the end, it is an astronomical amount.

"If the document is true, we are definitely going to admit it. Then think of other ways to minimize our losses. President Wen pondered for a moment before speaking.

Such a loss is minimal, because if he refuses, you are not sure what the man will do, and he does not want his country's foreign exchange market to be attacked.

If, like the three Southeast Asian countries, the foreign exchange reserves are swept away, what is the difference between the loss of hundreds of billions of dollars, plus the loss of some stock markets, and the collapse of the economy, and giving away those lands to others?