Chapter 1940: A thousand-mile dike collapses in an ant nest

"You... what did you say?!"

Hearing this, Fei Jianzhong's eyes went dark, and he almost fainted on the spot.

Fortunately, Yuan Zixu was there to support him, and by pressing hard on the tiger's mouth of his hand, he regained consciousness.

Immediately after, he asked angrily and loudly: "What qualifications does that bastard have to initiate the board's highest emergency plan?!"

A-Cheng explained: "The Young Master convened a meeting of all directors and listed all the details of the funds you previously transferred to the group's Swiss bank account..."

"He told the board that you had grandiosely prepared two hundred billion US dollars just to buy a kind of illusory immortality pill..."

"He believes that your sanity has suffered a great cognitive deviation due to your current health condition. If you continue to serve as chairman, it will cause major financial losses to the group and pose a great crisis and risk to the group's subsequent operations, which is why he initiated the highest emergency plan..."

Speaking of this, A-Cheng continued: "At the board meeting, except for me, all other board members voted in favor, supporting him in initiating the highest emergency plan, and he was successfully elected as the group's acting chairman. The first order he signed after becoming acting chairman was to freeze the two hundred billion US dollars in cash you had prepared in the Swiss bank..."

When Fei Jianzhong heard this, his whole person collapsed instantly!

The highest emergency plan is a set of plans formulated by the Fei family board of directors specifically to deal with emergency situations.

Just like the US Vice President can urgently take over as President and issue orders on behalf of the President when the President is in danger, its existence is to cope with the most serious and urgent emergencies.

However, initiating this emergency plan is not something the second-in-command can just say; there must be sufficient evidence to prove that the emergency is indeed urgent, and it must be confirmed by the majority of board members before it can be initiated.

But Fei Jianzhong never dreamed that his eldest son, who was also his designated successor as the next head of the family, would take advantage of his absence and the fact that he wanted to buy the Rejuvenation Pill to initiate the highest emergency plan and quietly usurp power!

And the first thing he did after usurping power was to freeze the group's funds in the Swiss bank, completely cutting off his hope of bidding for the Rejuvenation Pill!

At this moment, Fei Jianzhong was extremely angry and regretful.

He not only regretted not seeing the true face of his son, but also regretted not transferring the funds for buying the Rejuvenation Pill to his private account first.

After all, it was a huge sum of two hundred billion US dollars. According to US tax law, as long as this money passed through Fei Jianzhong's personal account, he would need to pay personal income tax first.

And according to US tax law, using the group account for payment not only saves Fei Jianzhong's personal income tax, but also allows financial personnel to list this money as corporate operating costs under other items.

In this way, not only is personal income tax exempted, but corporate profits can also be reduced, lowering the corporate tax burden.

In the United States, even when wealthy people buy a plane ticket or a car, they use company money. For such a large expense as the Rejuvenation Pill, it is even more impossible to go through a personal account.

Therefore, when Fei Jianzhong was preparing to bid for the Rejuvenation Pill, he instinctively filtered out this payment method.

Not only him, but all the tycoons who came to bid for the Rejuvenation Pill adopted this method, including the tycoons who had successfully bid before, all of whom paid through corporate accounts.

But Fei Jianzhong, who was careful in every way, didn't count on the biggest risk of using a corporate account, which was this highest emergency plan.

Once his son successfully initiated this emergency plan, he would be the group's highest leader and naturally have enough power to freeze the group's account in the Swiss bank.

This is the so-called thousand-mile dike collapsing in an ant nest. ===== CHAPTER 1941 =====