Chapter 1169: Selling the Bank

The meeting ended. As he stepped out of the lecture hall, Dong Yujun shivered violently. He wrapped his wool coat tighter around himself, then extended a hand with a smile on his face.

"Miss Jian, I still want to say I'm sorry. I spoke without thinking just now and caused a misunderstanding. If we interact more in the future, you'll know what kind of person I am."

Seeing Jian Qiu didn't even look at him; she turned to shake hands with Hu Guanghui and the other leaders.

"Leaders, I have other matters to attend to. When there's time, I'll play host, and we can chat over a drink."

Yuan Wanqi then shook hands with everyone, and the two of them left quickly.

Watching their retreating figures, Dong Yujun's expression turned so dark it could drip water.

He cursed Seeing Jian Qiu inwardly: *Stinking bitch, I'll make you pay sooner or later. *

Hu Guanghui glanced at Dong Yujun and said softly, "Do you have some ideas about that Seeing Jian Qiu?"

Dong Yujun's face immediately broke into a smile; this guy changed his expression remarkably fast.

"I have ideas about Qiu Dongfang; I want to cooperate, but they don't think much of us."

"Hmph!" Hu Guanghui let out a cold snort. "Put away those little thoughts of yours. Don't say I didn't warn you—think carefully. Her surname is Jian."

Having said that, Hu Guanghui didn't look at Dong Yujun again and got into his car.

Following that, the others got into their cars one after another and left.

Zhao Lin, the district head, frowned, pondering Hu Guanghui's words. It wasn't until everyone had left that he snapped out of it, the expression on his face turning somewhat astonished.

He tilted his head toward Dong Yujun: "Have you figured it out?"

The temperature in Jingcheng was already ten degrees below zero, and it was very cold outside, yet at this moment, Dong Yujun broke out in a cold sweat.

"She is..."

This guy felt his throat tighten; he couldn't force the rest of the words out.

Zhao Lin took a deep breath. People with the surname Jian were not rare, not even in Jingcheng, let alone the whole country.

But for one to be mentioned so solemnly by Hu Guanghui, there was only one.

"Old Dong!"

Zhao Lin had a fairly good relationship with Dong Yujun, but right now, he really wanted to draw a line between them.

"You'd better look out for yourself." Finally, Zhao Lin also got into his car and left.

………………

Seeing Jian Qiu and Yuan Wanqi had just returned to the hotel when Qiao Minglan, the assistant who had stayed behind, reported.

"Chairwoman Jian, President Yuan, Deputy General Manager Zhang just called. He has something important to report and asked you to call back as soon as possible."

"Alright, I understand." Yuan Wanqi replied, grabbed the room phone, and dialed back.

The person who answered was Zhang Weihong, the Deputy General Manager of Qiu Dongfang: "Weihong, what is it?"

Zhang Weihong said, "The Xiangjiang government is going to sell the Overseas Trust Bank."

Yuan Wanqi was stunned, then her spirits lifted: "Is this news reliable?"

"Reliable!" Zhang Weihong said, suppressing his excitement. "It's said that Dao Heng Bank is interested in acquiring it, but the government wants 4.457 billion HKD, and Dao Heng Bank is hesitating."

Yuan Wanqi said hurriedly, "I will contact the Chairwoman immediately. Stay by the phone; I'll have news for you soon."

"Alright!" Zhang Weihong hung up.

Yuan Wanqi said to Seeing Jian Qiu, "Chairwoman Jian, the Xiangjiang government is selling the Overseas Trust Bank. I think this is our opportunity."

Seeing Jian Qiu asked, "What is the situation with this bank?"

Yuan Wanqi said, "The Overseas Trust Bank was established in 1955 by a boss named Zhang Mingtian and went public in 1972. In 1979, the chairman of what was then called the Dominica Finance Company, Ye Zhuangling, reached an agreement with the senior management of the Overseas Trust Bank.

They would sell the US dollar checks received by his finance company to the Overseas Trust Bank, and the bank's senior management allowed the businessman to cash out through a check-kiting scheme. By 1982, the businessman ran into liquidity problems, causing the check-kiting scheme to collapse.

Afterward, the bank's senior management and the businessman conspired to use fraudulent loans to cover up the losses caused by the check-kiting scheme. In the end, because the losses were too great to hide, the Overseas Trust Bank faced the brink of closure.

In 1985, the senior management of the Overseas Trust Bank suddenly announced that the bank was facing bankruptcy due to fake accounts, causing severe liquidity problems and insolvency.

At that time, the Xiangjiang government feared that the collapse of the Overseas Trust Bank would shake the public's and investors' confidence in the local banking industry, so they ordered the Overseas Trust Bank to temporarily suspend business.

In June of the same year, the Legislative Council held a special meeting and passed special legislation through three readings, with the government using 3 billion from the Exchange Fund to take over the Overseas Trust Bank. At that time, the Overseas Trust Bank's bad debts were as high as over 89 million US dollars.

While injecting capital into the bank, the government also dispatched the Commercial Crime Bureau of the Royal Hong Kong Police Force and hired professional accountants to thoroughly investigate the reasons for the Overseas Trust Bank's collapse.

The police later discovered that the case involved serious corruption and fraud. In 1986, the Independent Commission Against Corruption, together with the police Commercial Crime Bureau, formed a 30-person joint task force. Together with professional accountants, they launched a 14-month in-depth investigation at the Overseas Trust Bank headquarters on the sixth floor of the Overseas Trust Bank Building in Wanchai, specifically in the offices of the bank's senior management.

They finally gathered enough evidence to successfully extradite Ye Zhuangling, who had fled to the United States, and the former chairman of the Overseas Trust Bank back to Xiangjiang for trial. The case concluded in 1987, and those involved were sentenced to prison terms ranging from 2 to 6 years. In October of the same year, the stock market crash occurred……

………………

At this moment, Zhou Andong was in his room playing cards with Tang Lin and the others. A pile of two-cent, one-dime, two-dime, and five-dime coins was stacked in front of him, looking like it could be one or two hundred.

"Fuck!" Xiao Liuzi cursed: "I'm calling landlord!"

Yang Ming laughed: "Xiao Liuzi, you motherfucker, you're about to lose your underwear, and you're still calling landlord?"

"I'm willing to." Xiao Liuzi fiddled with the cards in his hand: "In a while, I'll take off my underwear and let you smell it."

Tang Lin said with a smile, "Our Xiao Liuzi is a big spender; it's only a few hundred yuan, it's no big deal."

Guan Tingya stood behind Zhou Andong, watching with great interest: "This 'Fight the Landlord' is quite fun. Which one of you is getting off? Let me play for a while."

Zhou Andong turned his head and glanced at Guan Tingya: "If you want me to get off, just say so. Don't beat around the bush."

"Heh!" Guan Tingya laughed and pulled Zhou Andong down without any hesitation: "You help me watch, don't lose it all."

Zhou Andong said, "If I lose, I lose. Just treat us to dinner tonight."

"No problem." Guan Tingya waved her hand.

"Ding-a-ling……"

At this moment, the phone rang sharply. Zhou Andong walked over and grabbed the receiver: "Hello, this is Zhou Andong."

"Chairman, this is Yuan Wanqi."

Zhou Andong knew that if Yuan Wanqi was calling him, it must be something important.

"What is it? Speak."

Yuan Wanqi said, "Good news. The Xiangjiang government is going to sell the Overseas Trust Bank for 4.457 billion HKD."

Zhou Andong blinked: "What did you say?"

Yuan Wanqi repeated, "The Xiangjiang government is going to sell the Overseas Trust Bank for 4.457 billion HKD."