God of Corporate Hunting - Chapter 242
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◈ Episode 242: The North Star’s Counterattack (3)
Yoon Se-hyeok, who was kicked out of Korea Investment & Securities, was serving as a director at Korea Bank.
Of course, he is just a bum with no clear job title other than director.
Recently, as Yoon Se-bin’s stock price skyrocketed, he was the one who felt the most uncomfortable.
Although his father, Yoon I-baek, still pushed him, his grandfather, Yoon Do-cheon, completely turned his heart towards Yoon Se-bin. He became even more irritated as the succession plan of the Korea Investment & Securities Group became unstable.
Yoon Se-hyeok hated the fact that Yoon Se-bin, who was merely the daughter of his father’s ex-wife, was receiving attention.
“I could have done that if I had just had the chance!”
For days now, he’s been drinking and belittling the CSK takeover.
Originally, everything that others did seemed easy.
At that moment, the current chairman of the Bukseong Group, Hyeon-Seop, called me. It was none other than Bukseong.
Yoon Se-hyeok entered the Bukseong headquarters with his eyebrows raised.
“Are you here? Sit down.”
Hyun-Seop Hyeon guided him to the guest sofa.
Yoon Se-hyeok was touched because it had been a long time since he had been treated this well in Bukseong.
“How are you doing these days?”
“I am a director at a bank.”
Hyunjae Seop probably understood what he meant, but it didn’t matter anyway. It was much better than being unemployed.
Yoon Se-hyeok felt better as Hyun Jae-seop tried to comfort him with various daily routines.
“So, are you satisfied with your current position?”
“Huh? What are you saying…….”
“If you find it difficult to stay at the bank, I’ll give you a position at Bukseong. If you gain some achievements and experience at Bukseong and then return to the bank, wouldn’t it be more advantageous for your career?”
“Yes, is that possible?”
Yoon Se-hyeok, who had already been hanging around at the bank, opened his eyes wide.
“If you have the idea, I’ll make a position for you. If you want to work in finance, you can make a position at Bukseong Life Insurance or Bukseong Card, or Bukseong Chemical Energy. What do you think?”
“Okay, good.”
Yun Se-hyeok actively stepped forward, thinking that he could not miss this great opportunity.
Hyunjae Seop, who had been quietly nodding his head, asked again.
“But I guess you must be worried these days because your younger sibling is doing well.”
“What? But aren’t you my little brother? If he does well, I should cheer him on.”
“Haha, is that so? Looking at our kids, it’s not like that. Changmin fights with his older brother and younger brother all the time.”
Yoon Se-hyuk is not someone who would not understand Hyun Chang-min’s feelings because he is close to him. He was recently hit by his younger brother, so his situation is similar to his own.
“Changmin, you just have to marry Sebin.”
“I see. So that’s why…… Didn’t Sebin spin off Korea Bank PE and establish Korea Asset Management? He also took most of the businesses he had at the time.”
“Yes.”
“Did Sebin have a lot of money? It would be possible if you had business capital, right?”
“Ah! That’s right…….”
Yoon Se-hyeok, who was answering absentmindedly, rolled his eyes.
It’s a problem he hadn’t thought about until now. Until now, he thought it was natural for his father or grandfather to provide financial support when starting a business.
But now that I think about it, it’s not that simple.
Legally, it is a gift and there are tax issues. In particular, Yoon Se-bin had never received a large amount of money before returning to Korea after studying abroad because he had lived away from home. He also had only a small amount of property.
‘How on earth did they set up Korea Asset Management?’
Currently, most of the shares of Korea Asset Management are held by Yoon Se-bin. Korea Investment & Securities holds less than 10% of the shares.
The current value of Korea Asset Management is estimated to be in the trillions of won, so the initial stages were highly questionable.
You can’t achieve this much success in a short period of time with empty hands.
‘It wasn’t your father, but your grandfather who provided the money?’
The feeling of guilt grew stronger.
“It looks like Sebin took a lot of her father’s money.”
Hyun-Seop continued speaking calmly.
“Oh, no. There’s no way Father would give Sebin money. It would probably be Grandfather. Grandfather’s slush fund…….”
If you are the chairman of a group, there is no way you don’t have hidden overseas slush funds.
“Wasn’t there any money given from within the country?”
“There will be.”
“Let me look into that. If you’re going to fight your brother, you need to have at least one crucial leash, right?”
“Yeah, that’s right.”
“Contact me as soon as you find out. If you trace Sebin’s movements at that time and investigate the changes in the shares or assets of the Korea Investment & Securities Group, you will be able to find evidence without difficulty.”
Yoon Se-hyeok could guess that this was the condition for accepting him in Bukseong.
Anyway, Yoon Se-bin is the target he has to destroy.
So there was no reason to turn down this opportunity.
* * *
After sending Yoon Se-hyeok away, Hyun Jae-seop made a phone call.
The Prosecutor General. He is a person with whom he has a vague relationship.
[Hehehe, Chairman Hyun, why are you calling me?]
It was the usual greeting, but to Hyun-Seop, it sounded sarcastic. It felt like he was mocking the difficulties he had recently faced.
In any case, the prosecution’s power is needed now. Hyunjae Seop suppressed his anger and answered.
“Are you okay these days?”
[I’m dying. Economic criminals are especially a problem. They have no intention of making money through business and only think about making money through fraud. Is this how the country will function properly?]
“We have to catch all those guys.”
[That’s right. Because they are the ones who are destroying this country.]
The conversation just flowed as intended.
Hyunjae Seop, who had been thinking hard, got straight to the point.
“It’s because of that problem anyway…….”
[What?]
“There’s one suspicious place. There have been at least a few cases in the past year… Where is Jo’s name?”
[Ten? Not even a hundred billion?]
“If it’s at the trillion level, I won’t say anything.”
[Where is that?]
The Attorney General also seemed interested.
Hyun-Seop, who thought he had it figured out, started telling the story.
“Korea Asset Management and Mega Asset Management, both of which are led by young, bright kids…….”
The prosecutor general, who had been listening to the story in silence, asked again.
[If you are talking about the CEO of Korea Asset Management, isn’t it CEO Yoon Se-bin, the rising icon of financial innovation?]
“That’s right. It’s ridiculous to say that a fraudster and a tax evader are financial innovators. I hope the prosecution will reveal the truth.”
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[I feel burdened by public opinion because I am a celebrity… … .]
“I’ll take responsibility for public opinion. Just blow it up. I’ll even secure the evidence. I have a firm grip on the domestic media, don’t you?”
Hyun-Seop Hyeon continued to emphasize the power of Buk-Seong.
The prosecution is not one to refuse help from Bukseong.
As expected, the Prosecutor General’s response came.
[It’s not that hard. Do you want to be arrested?]
“It depends on the punishment, but… a short term of detention seems okay.”
If you temporarily restrain Yun Se-bin and Nam Woon-myung, they will truly realize the power of the North Star. From then on, they will obediently listen to everything you tell them to do. After that, if you marry Hyun Chang-min and Hyun Ah-sol, won’t they be loyal to the North Star?
It wasn’t a bad scenario.
Anyway, now we have to get both of them to surrender.
[Okay, let’s do that. Don’t forget that you owe me a big debt.]
“I know. I will repay you greatly when I retire.”
Hyunseop hung up the phone.
As expected, he is a person who communicates well. You can see that he knows what he wants without me having to explain it in detail.
“The real game starts now.”
Hyun-Seop Hyun clenched his fists and burned his will.
* * *
An unusual guest visited Mega Asset Management.
“This is Lee Dong-jae, head of the Seoul Central District Prosecutors’ Office’s financial and corporate crime division.”
The person who appeared in front of Park Won-tae and Nam Woon-myeong handed over his identification card.
Unlike Park Won-tae, who was flustered, Nam Woon-myeong calmly observed the other person’s face.
“What’s going on?”
“We have received a complaint that there is a problem with the funds of Mega Asset Management and Korea Asset Management.”
“Really? Who filed the complaint?”
“I can’t tell you that.”
“Please sit down first.”
Park Won-tae asked Lee Dong-jae the reason after he sat him down on the sofa used for welcoming guests.
“Is Korea Asset Management also accused of the same thing?”
“Yes.”
Park Won-tae had someone call Yoon Se-bin.
Yoon Se-bin arrived and the three listened to the explanation together.
“……So, I would like you to appear at the Central District Prosecutors’ Office for investigation.”
“You’re not going to do a search and seizure?”
Nam Yun-myeong asked with a displeased expression.
“There are no plans yet. However, if suspicions arise, we will conduct a search and seizure.”
“Is it common for people to bring attendance forms like this in person?”
“Almost none. Just with the utmost respect…….”
Lee Dong-jae laid out three summons forms on the table. They were Park Won-tae, Yoon Se-bin, and Nam Woon-myeong.
“Are you a suspect?”
“Not yet. I am a witness. However, I would like to inform you that my status can be changed to that of a suspect at any time.”
Nam Woon-myeong checked the summons of three people.
Park Won-tae was two days later, then Nam Woon-myeong, and lastly Yoon Se-bin. All within two days of each other.
“Usually, the more important someone is, the later you call them, right?”
“Yes.”
“It seems like CEO Park Won-tae and I have switched places?”
In any case, the nominal representative of Mega Asset Management is Park Won-tae, and Nam Woon-myeong is merely an executive.
Lee Dong-jae said with a smile.
“This order was decided by the higher-ups. In my opinion… I think it was decided by the severity of the crime. First, we will interrogate Park Won-tae to find a clue, and then in front of the remaining two… I think they will probably present proper evidence. If necessary, we cannot rule out the possibility of arresting them right after the interrogation.”
Nam Woon-myung could guess a lot from Lee Dong-jae’s threats that he did not hide.
If it’s the senior prosecutor, it’s possible that it’s the chief prosecutor or the prosecutor general. Also, except for Park Won-tae, he and Yoon Se-bin have a 100% chance of being arrested. Their scheme is now obvious.
Of course, the person behind this scheme will be Hyun Jae-seop of the Bukseong Group.
‘What a petty bastard, relying on the prosecution at best.’
Lee Dong-jae, who delivered the summons, stood up.
“Then I’ll see you again in two days.”
“It doesn’t go far.”
Nam Yun-myeong did not get up from his seat.
Lee Dong-jae opened the door and went out, then looked back and said.
“……The higher-ups told me to think about it carefully.”
“Yes? What?”
“Well, I don’t know what that means either.”
Lee Dong-jae has disappeared.
“Something seems strange?”
Park Won-tae tilted his head.
“What is it?”
“Notifying attendance in this manner. Also, the attendance date is strange. And there was no search and seizure. It’s abnormal in many ways.”
“It’s a demand from the North. They’re pressuring us to give up the North Distribution as soon as possible.”
“I wonder?”
“I’m sure. They’re going to interrogate you somehow and try to find some kind of culprit. So, Mr. Park, take your lawyer with you. Even if you go, they probably won’t actually ask you many questions.”
You can hire a lawyer by requesting it from a law firm specializing in mega asset management. Or you can hire an in-house lawyer like Hwang Tae-hwan.
After roughly coming up with a plan with Park Won-tae, Nam Woon-myeong looked back at Yun Se-bin.
His complexion was not good at all.
“Are you worried?”
“Rather than worrying… I’m angry. I didn’t know you’d threaten me like this. If that doesn’t work out, I can just go to jail and come back….”
Fortunately, Yoon Se-bin wasn’t too shaken up either.
“It’s okay. Even if something more annoying happens in the future, it won’t be a big deal.”
“There’s nothing I can do. I have to accept it.”
“You won’t go to jail. I will do anything to prevent that.”
Yun Se-bin smiled faintly at Nam Woon-myung’s assurance.
“thank you.”
“Trust me. I will return it all to the North Star.”
At first, he was no match for Bukseong in terms of wealth. Now that he has acquired more wealth than Bukseong, he is putting pressure on him in terms of power.
Will things really go as the North Star intends?
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