My Hubby Can’t Stop Pampering Me -
Chapter 1466 - 1459: Turbulence Begins (5)
Chapter 1466: Chapter 1459: Turbulence Begins (5)
Lu Weixi had just sat down, and she had just sent a message to Qin Zhiyou that she would be two hours late coming back, but Qin Zhiyou didn’t reply.
He wasn’t in a meeting, nor was he dealing with other official business; he was in his office.
However, his office was not only occupied by him; it was packed with a group of his subordinates, following the power struggle storm at Hanhai. Even Fang Rushuang was there.
But in the vast office, not a single person spoke, all of them held their breath and focused intently on him.
After a moment, Qin Zhiyou placed the report in his hand on the desk, his voice a bit loud. Just this simple act of placing a document made everyone in the company shudder, all heads were bowed, no one dared to respond.
When Qin Zhiyou gets angry, he truly acts decisively, sending people off to Africa. There was once a project director who underquoted a percentage by a digit, and though it was later invalidated and returned, after Qin Zhiyou came to know of it, he still marked his annual performance as a C, threatening to expel him from the company if it happened again.
If such a major incident were leaked, Hanhai would probably be targeted relentlessly. Hanhai was listed in America, and in recent years, trade frictions between the two countries have caused significant stock market fluctuations. Especially for foreign companies, any issues would make them the first target of backlash.
"What’s going on here? How could there be such a huge discrepancy? Why wasn’t it reported before?"
Maybe because he was too angry, Qin Zhiyou calmed down instead. When something happens, one must first suspect the worst. When there’s no retreat, one must try to paint it in a better light, because it can’t possibly get any worse.
Now it’s like this, the account statements he got for these years, no, should say even earlier, up until now, the internal falsified accounts in Hanhai have been severe, inflating revenues. Although the scope wasn’t very large each year, if the matter were reported, it would definitely impact the stock price, especially in America.
"It was the boss’s wife, all previous finances were controlled by her side. It was her that calculated her own subsidiary company’s profits into our Hanhai’s accounts, but when it came to calculating the costs, they were separated. The books looked good, shares prices were high, and dividends were more, at that time, the company was dominated by her and Vice President (Qin Weijian), who held more than half of the company’s power. Even if someone noticed something was wrong, nobody said anything because high share prices meant high dividends, and the subsidiary was always affiliated anyway."
This time, Qin Zhiyou cleared his uncle and aunt’s influence, not only expelling people but also disqualifying those blood-sucking subsidiaries from the company. The holes they previously dug, at this point exploded instantly. Since the subsidiaries had already become independent and the personnel were expelled, even if there were later pursuits of accountability, how much could be salvaged? But the losses for Hanhai are already unquantifiable.
Shearing the wool overseas, they won’t just take a bit of your money and be done; they would gather both bears and bulls to set a trap for you, causing an instant explosion, and depleting all your capital at once. Even if this financial fraud incident passes, the confidence of foreign investors in you is finished; perhaps Hanhai might never recover from this!
Qin Zhiyou, clenched the documents, furious beyond belief — he had never imagined that just to pull him down, his uncle and aunt would not hesitate to throw the whole Hanhai into jeopardy!
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