I Became Park Jeong-ui’s Nephew - Chapter 342



Only Noblemtl

He became Park Jeong-ui’s nephew. – (342)

[Here’s the news. The Olympics, a great festival of peace for humanity that transcends ideology and race, is facing a major crisis due to a bribery scandal related to the selection of the host city. Last December, Mirk Hodler, an executive member of the International Olympic Committee, officially revealed the corruption related to the selection of the host city. There are predictions that the repercussions could extend to the 2002 Winter Olympics.]

This is America,

A sensational news story hit the world.

This broadcast was first reported by a TV station in Salt Lake City, Utah, the site of the 2002 Winter Olympics. How did such a big news story break out on a local station, not even a major network?

That’s roughly what it was like.

[I’ll send you $10,000 first, so just wait a little bit. I think you’ll start earning money once the Olympic host city is selected.]

This is a letter from the Olympic Executive Committee to his daughter who is studying abroad in the United States.

On the surface, it seems like a normal message from a father sending tuition to his daughter who is studying abroad.

The problem is the content behind it,

What does being selected as the host city for the Olympics have to do with your income?

The investigation found that the female student in question had been receiving tuition and living expenses from the Olympic Committee since 1994.

Was it possible that the father and daughter were systematically committing corruption, and that they were unaware of this within the Olympic Committee?

It’s even more interesting to see the letter the daughter sent to her father.

[It’s okay Dad, SLOC (Salt Lake City Winter Olympic Organizing Committee) sent me $110,000]

Salt Lake City, featured here,

This is where the 2002 Winter Olympics are scheduled to be held.

SLOC is the organization that is promoting the project, so why did they send $110,000 to the daughter of the president of the Olympic Committee?

SLOC paid $1 million in bribes to 24 of the 114 Olympic Committee chairmen to bring the Olympics to Salt Lake City.

Not stopping there, he also provided the chairman of the committee with $110,000 in tuition and living expenses.

An official who couldn’t stand seeing this situation reported it internally.

“This is not the Olympics, it is a mess of corruption. I can say it now. The Nagano Winter Olympics are also a mess of corruption.”

The Nagano Winter Olympics were scheduled to be held in Japan in 1998, and the Nagano Olympic authorities used $1.3 million in bribes to host the Winter Olympics.

But this is just the tip of the iceberg, as continued internal revelations have shocked the world.

“SLOC established a scholarship foundation to win the right to host the Games, and through it, they provided living expenses and tuition to the children of Olympic committee presidents. I don’t know the exact amount, but I believe it was around $3 million.”

“No… Why is SLOC so serious about hosting the Olympics? What does it gain from it?”

“Of course. If they get the budget under the pretext of promoting business expenses, they can eat the rest.”

The Olympics are a huge success once they are held.

Of course, this concept of a jackpot is limited to the Olympic Organizing Committee.

The Tokyo Olympics held in 1964, Japan spent a whopping 2.6 billion dollars. It’s hard to get a sense of how much this is, but the budget for the Munich Olympics held later was around 800 million dollars. Now, you can get a sense of it.

What on earth did Japan do to invest such an astronomical sum of $2.6 billion?

At least $1 billion in funds are of unknown origin.

The budget for the 2002 Olympics is about 1.4 billion dollars, but in the 1960s, 2.6 billion dollars were spent?

Literally, when the Olympics are held, blind money increases.

This is clear just by looking at the illegal transfer of funds to the children of the Olympic Committee presidents. A young woman studying abroad in the US received $110,000 in living expenses?

The annual salary of an American worker is $40,000, which is ridiculous.

Literally turned upside down, the US-Japan, civic groups and public opinion groups have demanded data on Olympic budget expenditures from 1964 to 1995.

But will that remain?

The officials are all sticking their noses out, and more than anything, Japan is a country that values ​​its reputation, so they are very wary of this incident becoming a stain on their national prestige.

Meanwhile, additional revelations are coming out one after another in the United States.

Although the content is shocking, public opinion is no longer surprised.

“Earl Holding owned 1,000 acres in Salt Lake City at the time. Later, SLOC decided to develop that land into a ski resort, and Earl received 4,000 acres of land near Utah in return.”

“Isn’t this a problem? It’s just a simple land acquisition.”

“Take a good look at who’s on the SLOC committee.”

“Let’s see… Earl Holding… Could this be the same person?”

“Yes, that’s right.”

Go-Stop, literally a game of rigged play.

Earl Holding received 4,000 pyeong in return for handing over 1,000 pyeong of land.

The problem is that this was self-service, so I literally quadrupled.

Can you be sure that this kind of thing has never happened in Japan?

The Olympics are literally a culmination of corruption, and the United States, unable to overcome public pressure, has canceled the Winter Olympics scheduled for next year.

Literally unmanageable, is this how a festival for people all over the world is ruined?

The Olympic Committee also said that was not possible.

The reason they revealed the corruption was to get rid of some of the scum that was damaging the Olympic spirit and to realize the true value of the Olympics.

But, since I burned down the house while trying to catch a flea, what should I do?

Officials are once again looking for a host country to hold the Olympics.

***

“Your Majesty, a guest has arrived.”

“Tell them to come in.”

This is Geumneung, and I met guests who had flown in from far away.

The identity of the Olympic Committee presidents is a mess now because they were caught embezzling 40 million dollars from the United States.

How rotten must it be that countries around the world declared a boycott of the Olympics, and that there was even internal criticism of it?

First of all, I have a negative view on the Olympics. My uncle pushed for the Olympics to be held in 1979, but I cancelled it with my own hands.

The Olympics is just a money-eating hippopotamus,

However, we cannot overlook the global influence of sports, and the Olympics is a necessary festival to maintain globalism.

So how will reform be carried out in the future?

I offered a compromise to the cornered rats.

“What is the IOC’s revenue structure now?”

“The broadcasting rights fee is 70%. Sponsorship contracts are around 18%.”

“Is that why you guys took bribes?”

The chairmen kept their mouths shut.

The Olympics are a competition held once every four years.

Naturally, the period when money comes in is also concentrated in a certain section.

That must be why the chairman was struggling because he couldn’t send tuition to his daughter who was studying abroad. Then, wouldn’t it be better if he had a regular income?

I have pledged to provide regular financial support to the IOC.

However, since it was decided that the subsequent policy implementation and budget would follow Korea’s will, the rats, who had nowhere to run, had no choice but to accept the proposal.

This is how I took control of the IOC organization,

We decided to take this opportunity to promote the Olympics in Korea.

Since it was something that had to be done at some point anyway, I asked the people involved to come up with a budget.

“Your Majesty, I think $500 million would be enough.”

“Is that really enough?”

“Yes, there are already four stadiums built by former Prime Minister Park Chung-hee… I don’t think there will be any new buildings to be built.”

“Is that really okay? Put your hands on your conscience and tell me.”

Those involved kept their mouths shut.

You know there’s a stadium that my uncle built?

It was built over 10 years ago and has become an eyesore since the Olympics were cancelled.

Even if we were to do a makeover, the cost would be astronomical. Since I have experience in the construction and real estate business in the US, I already had a rough estimate in my head.

It’s so different from the reports submitted by the bureaucrats that they are complaining.

Eventually, one official confessed his true feelings.

“I’m sorry, Your Majesty, but I had to slightly reduce the report because I thought the budget might get too big.”

“So, what do you think the real budget is?”

“About 700 million dollars….”

“Are you going to keep saying that? If you don’t feel comfortable saying it yourself, I’ll say it myself. Isn’t it a billion dollars?”

The officials kept their mouths shut.

If we allocate a budget of 1 billion dollars to promote the Olympics, will the public be convinced?

So, they understate the costs and overstate the economic effects, but this is just turning a blind eye.

Anyway, this is a project that needs to be promoted with the support of companies, and with a strong ally like Daehan Transportation, there is no reason why Korea cannot host the Olympics.

The government will only shoulder about $200 million, and the remaining $800 million will be funded by corporate sponsorship.

Now that the business is set, it’s time to choose a person in charge. I had someone in mind, so I called him into the office.

***

“Your Majesty, I am here.”

“Oh my~ Welcome. Our CEO Lee Yeon-su.”

This is Geumneung, and I welcomed a guest who had flown in from a long way.

The identity is Lee Yeon-su, the representative of the Women’s Peace Party.

I wonder how you’ve been doing since you fell from the position of Prime Minister and must have been going through a lot of mental anguish. I didn’t want to poke at your sore spot, so I went straight to the main point.

“You know we’re promoting the Olympics this time, right?”

“Yes, I know.”

“So, can you take on the role of chairman?”

“yes?!!”

The guest who was so surprised that his hands trembled, refused to accept the invitation, saying he was not qualified to do so, but I insisted on the reasons why he should do so.

“I think CEO Lee Yeon-soo is the right person for this project. The budget for gender equality should be executed for national efficiency, not for a specific gender… Not just anyone can say that.”

A politician who literally sticks to his convictions,

The Women’s Peace Party’s representative could have put women’s rights first, but instead, he prioritized national efficiency.

Because of that belief, I made many enemies, but through this incident, I have reconfirmed that CEO Lee Yeon-su is a fair person.

The Olympic Organizing Committee is literally a money-making business. Who would entrust such a grand undertaking to?

I tried to persuade him again.

“You can also develop a sense of budget management by doing things like this. It can also be an opportunity to raise your value as a politician.”

“Well… that could be the case.”

“So, go ahead and do it. I’ve already cleared out the ones that are getting in the way, so there shouldn’t be any major problems.”

The IOC presidents are now in a situation where they crawl when I tell them to and bark when I tell them to bark.

There’s no way those guys would do anything to CEO Lee Yeon-su.

If that happens, our livelihood will be cut off. Right now, the only countries and companies that can sponsor the Olympics are Korea and Korea Transport.

The moment they defied me, the Olympics would fall apart. Knowing this, the rice bugs were unable to put any pressure on Chairman Lee Yeon-soo.

In this way, the Olympics proceeded without a hitch, and the related budget was executed quickly.

The existing stadium was renovated, and three additional stadiums were built in other areas.

The athletes’ village was built by private entrepreneurs and allowed to be sold to companies after the games, so they were able to prepare for the games in a frugal manner.