President, This Is Really a Misunderstanding! - Chapter 41

Chapter 41: The Cruel Financial Industry

“Just now, it was Chief Qin from Tian Ya Investment Company.

“Chief Qin told me that there might be a problem with the company. Zhou Xuan reminded her in advance.

“Because of this, Tian Ya Investment Company avoided a huge loss.

“I want to know now…

“Since Zhou Xuan has discovered this matter, why did our company get cheated of a billion investments!” Bai Mingyue’s expression was cold.

It was as if the sound was mixed with a cold wind, causing the entire company to fall silent. The sound of needles falling could be heard.

“Speak!” Bai Mingyue said coldly.

Jiang Ming’s face was ashen.

At that moment, a department manager stood up.

“Miss Mingyue, this matter was discussed by President Jiang’s people with XT Technology. It was also authorized by President Jiang!

“On the same day, Vice-President Zhou came to the company. At that time, Vice-President Zhou noticed that there was a problem with the company and even predicted that the company might make a profit.

“He also made it very clear to Chief Jiang that he doesn’t agree to this investment, dropping this matter.”

The department manager looked coldly at Jiang Ming.

Because of this guy, he might be laid off. Most of the company’s employees might be laid off.

It would be strange to have a good expression.

After a pause, the department manager continued.

“But, as soon as Vice President Zhou left, Chief Jiang took Vice President Zhou’s words to heart.

“Not only did he authorize the investment on his own, he even used his own rights to force the staff of the audit department to sign the loan and directly suppress the original audit process…”

At this point, Jiang Ming’s face was as pale as ever. There was not a trace of blood in it.

“Lin Zhouchao, you! Wait! Miss Mingyue, I… I also did it for the company’s performance… Who would have thought… Who would have thought…”

“Bullshit!” When the department manager, Lin Zhouchao, heard this, he immediately cursed.

That day, because of Jiang Ming’s roar, many people in the company went to the audit department to watch the show.

Almost everyone knew about Zhou Xuan and Jiang Ming’s quarrel.

Of course, it should be Jiang Ming’s barking. Zhou Xuan didn’t pay much attention to him.

Therefore, the entire company knew.

Jiang Ming agreed to this investment in order to surpass Zhou Xuan in terms of performance. It wasn’t for the company.

“Boss Bai, I can testify that I heard President Jiang and Vice-President Zhou’s conversation that day!”

“Me too. It was all Director Jiang’s own suggestion that forced Xiaoyu to sign it!”

“Yeah, Vice President Zhou has already reminded him…”

“……”

With the department manager leading the way, the atmosphere had reached this point.

The entire company was filled with righteous indignation.

Jiang Ming had acted on his own, and he had caused them to be laid off.

Everyone hated Jiang Ming.

“Okay! Jiang Ming! You did really well!” Bai Mingyue had already heard what was going on from these words and her voice became colder and colder. “Just you wait to be prosecuted!”

“Prosecution? What are you suing me for?” Jiang Ming raised his head and looked at Bai Mingyue in surprise.

“I suspect that you’re colluding with the people from XT technology to cheat the company,” Bai Mingyue said.

“But I didn’t…”

“Go and explain this to the court. Don’t worry, even if you didn’t, I can at least imprison you for two years.”

After saying this, Bai Mingyue crossed her arms and lowered her head, frowning deeply.

However, no matter how she thought of a way, she still felt overwhelmed.

This matter was too problematic.

First, the amount of money she had been cheated of was too large. This was a total loss of one billion. Moreover, it wasn’t all the money of Bright Moon Investment Company. If she couldn’t get it back, Bright Moon Investment Company would have to pay for the hole.

Second, being cheated out of a billion investment would cause investors to lose their trust in Bright Moon Investment Company. They would no longer invest their money and would even take back the money they had previously placed in Bright Moon Investment Company.

This was an extremely terrifying thing.

Bright Moon Investment Company’s huge amount of money came from countless people.

If a large number of investors wanted to withdraw their funds because they had lost their trust, then aside from a billion dollars in losses, Bright Moon Investment Company had no choice but to withdraw the money from the stock and return it to the investors.

This way, the entire company would be shattered.

This was the reason why so many bosses who were worth hundreds of millions and billions had their capital chain broken.

The reason why the company would go bankrupt overnight.

This was a chain reaction.

This time, the news of the XT Technology company running away with money was extremely widespread.

The damage to the entire bank and investment industry was also devastating.

Some of the banks that didn’t lend money to the XT Technology company even had their stocks fall because of this.

Some of the small investment companies that didn’t invest in XT Technology had already started to withdraw their investments.

As a result, these innocent small investment companies were on the verge of bankruptcy.

This was just accidental injury.

After all, the number of banks and investment companies that had been cheated hadn’t been calculated. The public didn’t know which bank or company had been cheated.

When the public saw the news, they panicked.

Who didn’t play with financial products to earn some pocket money? When they heard about this, the first thing they did was to quickly withdraw their money.

They didn’t know that such actions had caused many investment companies and even banks to go bankrupt.

“Bai…Boss Bai… What will happen to our company?”

A staff member looked at the silent Bai Mingyue and couldn’t help but ask quietly.

Bai Mingyue glanced at him.

“Bankruptcy, bankruptcy.” Bai Mingyue had already recovered from her rage and spoke coldly.

“I… My child was just born… What should I do if I lose my job at a time like this?” The employee felt as if he had been struck by lightning when he heard Bai Mingyue’s words.

Bai Mingyue couldn’t bear to see this man’s face showing that he was about to cry.

She sighed. “If… If we can get back this billion, the company might still have a chance. However, even if we don’t go bankrupt, our business will still… At that time, I’m afraid we’ll still have to lay off workers.”

The entire company was silent.

The atmosphere was stifling.

If it was because they had problems with their own work, they would have nothing to say.

But who would have thought that they would lose their job because of the collapse of another company?

This matter was simply too funny and unbelievable.

However, this was the truth.

This was the financial industry.

Bai Mingyue shook her head.

This sort of thing might even lead to the collapse of a bank that was a huge financial power.

The one under her control was just an investment company.

In this storm, if the bank was a giant ship, the investment company could only be described as a boat.

Even the giant ship was in danger of capsizing, not to mention the boat.