Chapter 37: The Harbinger of Great War
Gangnam-gu, Seoul, South Korea, has always been home to South Korea's wealthiest people. Pen "Fun" Pavilion www.biquge.info
The mansion of Lee Kun-hee, chairman of Samsung Group, is also located here, but in this place where every inch of land is valuable, his villa occupies the most luxurious and spacious area.
The most regal villas have everything you need, such as a 100-square-meter indoor swimming pool, rooftop observation deck, underground parking, independent garage, and garden.
Not only that, behind this villa, there is also an independent golf course, covering an area of about 2,000 square meters, and even the grass seeds are specially flown in from New Zealand, and there is a special service company for daily maintenance and maintenance for Lee Kun-hee's use.
However, these luxurious enjoyment in the eyes of outsiders, in the eyes of Lee Kun-hee, is just an ordinary residence, similar to this kind of villa, he has many more in the world, even in Europe, belonging to the name of Samsung Group, in fact, there are no less than three castles for him to live in.
In other words, these houses are equivalent to the taxes that Samsung Group should pay, but in the name of investment, they are cleverly throttled and used for Lee Kun-hee's personal welfare.
This situation is also common in the world, after all, capitalists value every penny of their profits, they can squander millions of dollars at every turn without blinking, but it is so difficult for the government or others to take a penny out of their hands!
As always, Lee Kun-hee returned to this luxurious villa to rest as usual after dealing with some of the company's daily affairs today.
As the chairman of Samsung Group, several of his subsidiaries are among the top 50 in South Korea, of course, he does not have to work hard every day for the company's affairs, after all, this is a behemoth with branches in more than 70 countries around the world and a total of more than 200,000 employees.
What he needs to do is to look at the various major event reports submitted by the professional management team every day, select the important matters to decide, or discuss something with the company's senior management, or determine a cooperation project and review the progress, which is the majority of his daily work.
In recent days, he has been following up on Samsung Electronics' lawsuit against Orange Technology in the Seoul court in South Korea, and things are not going very smoothly, because Lee Kun-hee learned through the report of the following people that although the Seoul court passed the case against Orange Technology for alleged patent infringement, it was suffering from the fact that the other party did not have actual business in South Korea.
In other words, even if the Seoul District Court in South Korea makes an actual ruling, there will not be much pressure on Orange Tech in the short term, since the latter now resembles a specialized technology licensing company rather than a brick-and-mortar industrial company.
After all, the original intention of Samsung Electronics to sue Orange Technology was to restrict Orange Technology's products from entering South Korea in the future, which is to artificially set up an economic fortress, take advantage of the special advantages of its home country, and use administrative resources to interfere with the free operation of the market economy, which has been used by many countries and many large companies.
This is understandable, but what makes Lee Kun-hee feel strange is that the Seoul District Prosecutor's Office suddenly sent a senior prosecutor to the Seoul courthouse and interrogated a Samsung Electronics executive about the incident.
The executive also realized the seriousness of the matter, and immediately reported the matter after returning from the arraignment, which was an unusual scene, which immediately aroused the great attention of Lee Kun-hee, and he even specially rushed his son Lee Jae-yong and Samsung Electronics President Choi Zhi-sung to his villa to discuss the appearance of this special incident.
"Father, according to Jang Ji-yan, the chief officer of the group's external relations department who was arraigned, this time the Seoul Prosecutor's Office is just a routine inquiry, so we don't need to be so cautious, right?" Although Lee Jae-yong has served in Samsung Electronics for many years, he is still not sensitive enough to some political matters, after all, Lee Kun-hee will not let him be involved too deeply in many things.
And his position within the entire group is still not stable enough, although his identity as the heir of Samsung is rumored by the outside world, but within his family, Lee Boo Jin still has a certain impact on his status, the latter is also the child of Lee Kun-hee, and is currently the CEO of The Shilla Hotel Group in South Korea.
Choi Zhicheng glanced at the silent Lee Kun-hee without a trace, and then looked at the fearless Lee Jae-yong, a trace of regret flashed on his face, but Lee Jae-yong has always had a good relationship with him, in line with the consistent tradition in South Korea, the family business is passed on to men but not women, so Choi Zhicheng fell to Lee Jae-yong very early on, and carried a lot of black pots for him within the group.
At this time, seeing that he realized that Lee Kun-hee meant the wrong thing, he was suddenly a little nervous, and said first, "Chairman, I have already arranged for someone to investigate, and the prosecutor who dispatched this time is named Kim Chengcheng, who is from Daejeon, and there is a shadow of SK Group behind him." ”
"Sure enough, I knew that they wouldn't admit defeat so willingly, and this time they came out to make trouble for me again, it seems that Choi Tae-won is very idle during this time, the evidence we have at hand, can we send him in again, lest this person keep making trouble for me!"
Although SK Group is also one of the top five conglomerates in South Korea, the era of Chey Tae-won has completely passed, and he started with the help of his father-in-law, Roh Tae-woo, who was the president of South Korea at the time in the 90s of the last century, otherwise SK Group would not be among the top conglomerates in South Korea.
However, under the secret plot of Samsung Group, Roh Tae-woo fell due to the issue of political donations, and since then, the development of SK Group has been stagnant, and its chairman Chey Tae-won was also imprisoned for three years.
Until now, Samsung Group still has some shady insiders about Choi Tae-won, once it is thrown, Choi Tae-won will definitely be in prison, this time it is not as good luck as the last time, and Lee Kun-hee's tolerance for him has reached the limit.
Although Choi Zhicheng is not directly in charge of some of the group's secret investigation departments, as a dual confidant of Lee Kun-hee's father and son, he is still qualified to know these things, and immediately nodded when he heard this, "Yes, we still have evidence of Choi Tae-won's smuggling and tax evasion, as well as bribing some powerful people in the Blue House, if we take it all out, we can at least keep him in prison for more than 10 years." ”
"Then give him a warning and choose some of them that are not too important to throw out, attract the public's attention, and buy time for my layout. Li Jianxi touched his forehead and said weakly.
Although in front of people, he is still the three-star emperor of the three-star empire, but after all, he is already a 65-year-old man, and some things are beyond his power, plus when people reach his age, there is also leisure to play with women, which consumes his already little energy.
"Okay, chairman, I'll do it immediately. Cui Zhicheng didn't know that he was opening a Pandora's box, and the monster released was not only capable of devouring people, but also bound to devour himself in the end.
Just a day later, a number of media in South Korea reprinted this rumored revelation from a person familiar with the matter, and the newspaper said that if it was confirmed, it could even make Choi Tae-won himself immediately imprisoned.
However, because this is a warning, all places where real names appear in the report are replaced by pseudonyms, but this kind of blinding method to cover up, in the eyes of people with intentions, is not to take off their pants and fart, because everyone knows that the so-called group refers to SK Group, and the so-called chairman is Choi Tae-won himself.
"Smack~!"
Shortly after the report appeared, a crisp sound sounded in an equally luxurious villa not far from Lee Kun-hee's villa, and a precious glass bottle of special wine glass was smashed to the ground.
"Li Jianxi, this old fox, I won't let you go so easily!"
It was Choi Tae-won himself who was angry, this was the fifth day he came back from the capital of Huaguo, and it was also a critical moment for the group's layout against Samsung Group, but when he was dreaming of knocking down Samsung and annexing the latter's key business, Lee Kun-hee slapped him backhand and almost knocked him to the ground.
"Go and check for me, how much evidence they have in their hands, and if you can, ask Mr. Li from Huaguo to do it himself, and I am willing to bid 50 billion won to buy this evidence." "Choi Tae-won is also forced to be anxious, anyone who is threatened by an opponent on the eve of great success will be so impatient.
His life has not yet reached its peak, and he doesn't want to die with Samsung Group.
"Yes!" Several cronies didn't dare to come out, for fear of attracting the anger of the chairman of the board, you must know that these big people, there are few of them, once they touch their scales, it is possible to evaporate the world at every turn.
After the outburst, Choi Tae-won forcibly calmed his state of mind and said in a cold voice, "Did I let you raise the funds in place?"
When several cronies heard this, they all found panic and uneasiness in each other's eyes after looking at each other, and the president of one of the subsidiaries who was stared at by Cui Taiyuan said tremblingly, "Dong, chairman, it's only been five days, and you asked us to raise such a large amount of money as 1 billion US dollars, but after we communicated with a number of banks, they all said that it could not be achieved in the short term." ”
Even in 2007, in a society with a well-developed information network and a sound financial system, 1 billion US dollars, a huge sum of more than 700 billion won, is still a difficult task.
Although SK Group has a wide range of businesses and friendly relationships with banks, it will take a long time to wait for a billion-dollar loan, and according to the preliminary estimate of Korea Development Bank, which has the best cooperation with SK Group, the loan will take at least 30 working days to approve and disburse the loan in the name of investment equipment innovation and technology upgrades.
This is still based on the preferential conditions given when Chey Tae-won is pledged with shares of SK Chemical Group.
Otherwise, a $1 billion loan would not be so easy to approve.
"Didn't you tell the bank that this is the funds that our group urgently needs?" Cui Tae-won roared unwillingly, knowing that every extra cent of cash flow at this time means that after Samsung's bankruptcy, it will get several times the profit.
To this end, he has consolidated most of the cash on the books of several subsidiaries of SK Group, but even so, it is still a big short of his expectation of 3 billion US dollars, and SK Group, as the largest energy and chemical company in South Korea, has daily operating income of hundreds of millions of dollars, but this does not mean that the group's cash flow is abundant.
After all, SK Group is making various investments around the world every day, and every fund has a clear destination, if it weren't for the fact that Chey Tae-won personally convened a meeting of all the senior executives of the subsidiaries and promised that the funds would only be used for a short time, otherwise the subordinate companies would have made a fuss.
Several cronies glanced at him in embarrassment, and the person just now, said stubbornly, "We have all mentioned it, but such a large amount of money, several banks have said that they need to be cautious, and according to the information we have received, Woori, Central and other large banks have already lent money to LG and Xijie Group the day before yesterday, and the central bank has also given Citibank a temporary loan of up to 2.5 billion US dollars, which has caused a shortage of cash, and they also need time to mobilize funds from all over the country." ”
"Damn, let them take the lead, no, you immediately go and gather our partner companies and tell them that now SK Group is preparing a big plan to borrow from them with the temptation of higher bank interest rates, and the more funds the better!"
After determining the source of the funds, he sneered and instructed his cronies, "Make an appointment to meet with Mr. Kim Kyung-han, Minister of Justice, for me, I have some information that he is very interested in, please let him come in person." ”
Samsung's attack on him has completely angered the leader who is in charge of the SK consortium, and he wants to give the other party a little color.
Of course, this part of the evidence in his hands was not provided by Lee Mubai, but the inside story collected by SK Group before, and the news about the current President Roh Moo-hyun of the Blue House is not to blame this president for being unlucky, who let him get too close to the people of Samsung Group.
"Hmph, Lee Kun-hee, I'll see how long you can be rampant!" After making a series of moves, Choi Tae-won showed a grim sneer.
According to the statistics of the relevant departments of South Korea, in the past five days, the funds remitted into South Korea from all over the world have skyrocketed, and even as high as 6 billion US dollars in one day, and all this money has been invested in the stock and securities market, which has shocked the regulatory authorities three times a day!