The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1093



Only Noblemtl

“Hey, look at this kid. I told you that people like you should never invest in stocks!”

Although Kim Hyun-woo, the senior vice president, was outwardly loud, his inner feelings were somewhat different. He was also very upset. Furthermore, he also knew why the stock prices of the Oseong Group affiliates were like this.

‘Fuck, selling stocks to raise money is fine, but if you’re going to sell, you have to sell them fast!’

But it wasn’t an easy task.

The situation was a bit different for each affiliate.

Affiliates with ample financial resources had no need to rush.

Even the stock prices of affiliates varied depending on the situation.

Senior Vice President Kim Hyun-woo thought that things had gotten complicated again. He couldn’t help but feel nervous when he received a call from Planning Director Kwon Tae-seong.

‘What’s going on?’

* * *

The reason why Senior Vice President Kim Hyun-woo has been taking care of himself recently is because of the rumors of large-scale restructuring circulating within the Oseong Group. The cause of this situation was, of course, the sale price resulting from the acquisition of the Collins division.

Because of this, he lay flat on his stomach, unlike before.

They even decided on MP3(?) as the next-generation business item and were diligently developing it by outsourcing it.

‘Director Choi Min-hyeok is the only one who gets full from the patent fees.’

I was once again left speechless by Director Choi Min-hyeok’s remarks.

But the results were plausible.

With the MP3 player market heating up these days, it didn’t seem like it would go downhill at least.

He wanted to gain recognition by minimizing the amount of money he had to spend on developing this MP3 player.

I thought that Director Kwon Tae-seong would also approve of this result.

But today, Planning Director Kwon Tae-seong’s expression was very different from usual.

“… I heard that Chief Kim is investing in stocks these days.”

Senior Vice President Kim Hyeon-woo was shocked by Planning Director Kwon Tae-seong’s politeness.

“This is fake news!”

“That may be true. But as you know, it is a crime to use insider information to gain unfair profits.”

“…yes.”

Senior Vice President Kim Hyeon-woo was quiet. He only looked at Planning Director Kwon Tae-seong’s expression.

However, Planning Director Kwon Tae-seong did not show any particular emotion toward Senior Vice President Kim Hyeon-woo’s attitude. He handed over the documents he had already prepared.

“What is this… … .”

The document was surprisingly a petition. It was from a company that Senior Vice President Kim Hyun-woo was dealing with. It was about the bribe that Senior Vice President Kim Hyun-woo had demanded.

“W-This is ridiculous! T-This is manipulation!!”

Planning Director Kwon Tae-seong was not surprised by Senior Vice President Kim Hyeon-woo’s reaction.

He handed over a few recordings.

To be exact, I played that file.

The transcript contained content that seemed to show Senior Vice President Kim Hyeon-woo receiving money and counting the amount.

The sound of Senior Vice President Kim Hyeon-woo’s laughter and the sound of envelopes of money being passed around were clearly heard.

And that wasn’t all.

There were even photos taken by CCTV.

However, the amount was not that large.

Because it’s around 20 to 30 million won.

The problem is that these companies are small parts companies with sales of just 1 billion won.

Planning Director Kwon Tae-seong sighed. He honestly couldn’t believe the current situation. If Senior Vice President Kim Hyeon-woo knew his position, he wouldn’t have done something like this.

“The companies that are still supplying samples are taking care of themselves. These are the companies that were suddenly eliminated after receiving sample supplies.”

Senior Vice President Kim Hyeon-woo chose several places when dealing with parts suppliers.

They all got paid.

However, these companies were forced to abandon their business under the pretext of the parts they supplied falling short of the standards.

The company that suffered damages protested.

Kwon Tae-seong, the planning director, met these companies in person and connected them to other business divisions. That was the reason they kept quiet. Of course, he wanted to use this work to his advantage.

As in the present case.

“Senior Manager Kim Hyeon-woo, what would you like me to do?”

“This is a conspiracy!!!”

However, Director Kwon Tae-seong of the Planning Office also knows the personality of Senior Vice President Kim Hyeon-woo well. He asked questions to the other person but did not listen to the answers at all.

“Option 1 is to go to the prosecution and fairly judge whether this is true or a conspiracy. However, you will have to take legal responsibility for this. Oh, I guess I can ask the famous Jeon Gwan lawyer to do it for me like last time.”

It was embezzlement.

Moreover, although it was a small amount per company, it was not a negligible amount when combined with all companies.

Planning Director Kwon Tae-seong didn’t show it on the outside, but he sighed inside. He couldn’t have imagined that Senior Vice President Kim Hyeon-woo was this kind of person.

But Senior Vice President Kim Hyeon-woo had no choice. He needed money because he had suffered huge losses in stocks.

He rolled his eyes hard. It didn’t seem like Planning Director Kwon Tae-seong knew about this issue just now. If that’s the case, then there must be another reason why he suddenly brought up this topic.

“… Could it be that Director Choi Min-hyeok did it?”

“… … .”

Planning Director Kwon Tae-seong was silent. He didn’t say anything to Senior Vice President Kim Hyun-woo. Senior Vice President Kim Hyun-woo was a sore thumb to him.

To be honest, he himself couldn’t touch Director Choi Min-hyeok.

But Senior Vice President Kim Hyeon-woo was a little different. He knew how to touch Director Choi Min-hyeok.

It’s a form of vicarious satisfaction.

‘I just wish it had worked out well… … .’

Senior Vice President Kim Hyeon-woo gritted his teeth.

“Please give me a chance.”

“It’s difficult to give you more than a week.”

“…All right.”

He was distraught as he watched Senior Vice President Kim Hyeon-woo leave his position.

‘But he’s someone who can hit Director Choi Min-hyeok with a punch.’

* * *

When Senior Vice President Kim Hyun-woo arrived at the office, he ran wild. The other executives and employees just watched him as he made a scene like an angry boar.

Of course, he didn’t run wild like this alone.

I went straight to CEO Choi Du-jin and protested.

President Choi Du-jin was shocked to see Senior Vice President Kim Hyun-woo shedding tears as he asked for help. However, unlike before, he could not believe that Director Choi Min-hyeok had personally reached out to Senior Vice President Kim Hyun-woo.

“That’s strange. You said nothing had happened until now, so why is Minhyuk suddenly targeting you?”

“I am that easy. This behavior clearly shows how much you think I am a joke. Father, is this how I have to live?!”

“No, think about it. Minhyuk hasn’t done anything special up until now. But if something like this happened, there must be some kind of motive!”

The sight of her shedding tears was definitely different from before.

From Senior Vice President Kim Hyeon-woo’s perspective, the bad relationship with Director Choi Min-hyeok is over.

Moreover, he hasn’t been near Director Choi Min-hyeok recently.

“Are you really saying that Minhyuk didn’t cause any harm to that guy?!”

“Father, I’m not that retarded. To be honest, if you want to know how great Min-hyuk is, just watch the TV over there. Isn’t it all there?”

Actually, what was on TV today was about next-generation mobile communications being carried out by ETRI.

[Can you see? Yes, we have successfully communicated via video. Although it is experimental in nature, using a limited exchange. However, it is hard to believe that we have achieved this result when there are now 200,000 or 300,000 CDMA users. By the way, the person who started this project is none other than Director Choi Min-hyeok of KM Electronics!]

On one side of the TV screen, only a picture of Director Choi Min-hyeok was shown.

I couldn’t do the interview.

Instead, the person who represented Director Choi Min-hyeok was ETRI’s working-level staff.

[Hehehe, honestly, I still can’t believe it. That our communications wasteland, Korea, is leading the next-generation mobile communications standard.]

In fact, the evaluation of ETRI was not even comparable to last year.

Because it boasts the world’s best level of next-generation communication technology.

ETRI staff gestured to a building going up on one side.

[That building is the result of foreign joint investment. To be honest, I am shocked. How can something like this happen? It is all thanks to Director Choi Min-hyeok!]

The news continued to explain what Director Choi Min-hyeok was leading.

The explanation related to Plimtz (later IMT2000) was difficult for the general public to understand due to its technicality.

President Choi Du-jin tried not to be surprised anymore, but he couldn’t.

Director Choi Min-hyeok’s name appeared even in matters in which he was not directly involved.

It looks like they are all gathered together and talking with Director Choi Min-hyeok’s name in front of them.

However, he could not completely trust what his son, Senior Vice President Kim Hyeon-woo, said.

“You really didn’t do something stupid to Minhyuk, did you? If that happened, I wouldn’t let it happen.”

“I said no!”

“Okay, I understand. I’ll look into this.”

* * *

President Choi Doo-jin also did not personally visit Director Choi Min-hyeok because he found him burdensome these days. Instead, he went to Chairman Choi Yong-wook.

Fortunately, Chairman Choi Yong-wook knew what President Choi Du-jin was worried about, so he didn’t say anything.

He went to see Director Jang Seung-il and confirmed the whole story.

Director Jang Seung-il also tilted his head at first, but soon understood the situation.

“I think it’s probably because the Oseong Group has been contacting key personnel at KM Electronics recently. It was something that Chairman Ahn Geon-min personally instructed.”

“Tsk.”

Chairman Choi Yong-wook clicked his tongue at the idea that it was done in retaliation. He realized that his grandson Choi Min-hyeok had personally shown an alternative that could be used against those who might betray him.

President Choi Du-jin also sighed.

“If it’s that guy Hyunwoo, he’s the perfect target for a one-hit wonder.”

“What are you going to do?”

“well.”

President Choi Du-jin was in a difficult position. He honestly thought he had done enough for Senior Vice President Kim Hyun-woo. However, this time he was a bit disappointed. Senior Vice President Kim Hyun-woo did not attack Director Choi Min-hyeok as he had done before.

“But that’s fortunate. I was worried that I had stuck to the Han-Young Ilbo and was being tricked… … .”

“Hyunwoo isn’t that stupid, so how could that be?”

“That’s right. That guy is aware of it. Minhyuk is currently competing with the Ohseong Group, HY Group, and GM, and he knows very well that if he gets caught in the middle of it, he’ll be torn to pieces.”

In fact, if things had gone that way, even CEO Choi Du-jin would not have been able to mediate.

Chairman Choi Yong-wook watched President Choi Du-jin’s expression.

“Honestly, I’ve received a lot of help from you in the past. I think this could be a way for me to repay that debt.”

“Are you okay?”

“That’s how life is. Honestly, who would have expected things to turn out this way? I didn’t know Minhyuk would grow up like this.”

President Choi Doo-jin thought for a moment. He did not want to do business at a loss. However, he sighed when he saw Senior Vice President Kim Hyeon-woo, who was not even breathing next to him.

“Please do so.”

“Director Jang, make an appointment with Minhyuk.”

“…All right.”

* * *

Director Choi Min-hyeok was at a loss as to what to do about the sudden visit by Chairman Choi Yong-wook and his party.

However, he clicked his tongue when he saw Senior Vice President Kim Hyeon-woo hiding at the back like a rat.

‘… This is incredible.’

Since he had instructed me to do something, I thought that Senior Vice President Kim Hyeon-woo would do something.

Senior Vice President Kim Hyeon-woo is not young. However, judging from his current actions, it seems like he ran to his parents and told them.

The parents even went to their own parents to complain.

Fortunately, Chairman Choi Yong-wook was not the same Chairman Choi Yong-wook of the past.

He was also in a position to watch out for his grandson, Choi Min-hyeok.

“Minhyuk… … .”

Director Choi Min-hyeok stuck out his tongue at the carcinogenic word, “Min-hyeok!”

He glared at Chairman Choi Yong-wook.

“Grandpa, I would like you to stop interfering with my personal affairs!”

Chairman Choi Yong-wook pushed Director Jang Seung-il forward in response to his grandson Choi Min-hyeok’s cold tone.

Director Jang Seung-il spoke carefully while watching Director Choi Min-hyeok’s expression.

“I also know very well what Senior Vice President Kim Hyun-woo did. But isn’t that already in the past? Furthermore, Senior Vice President Kim Hyun-woo has been reflecting on his actions since then. But suddenly, to drag Senior Vice President Kim Hyun-woo down… … .”

Director Choi Min-hyeok clicked his tongue at Director Jang Seung-il’s attitude of not even properly verifying the facts.

“It seems like Senior Vice President Kim Hyeon-woo is trying to cover up everything he did in the past.”

“yes?”