frightfiction Chapter 1424 Two major banks step in to completely blacklist Sir Ho
Chapter 1424 Two major banks step in to completely blacklist Sir Ho
Zhou Fusheng was stunned and murmured a question.
"Attorney Hu, what do you mean by this?"
Hu Zhongxing continued,
"The second thing is that your father, Mr. Zhou Wenming, has passed away due to a sudden cerebral hemorrhage. So today is the last time I will see you. Our engagement is over."
These events, like a series of thunderclaps, kept exploding in Zhou Fusheng's mind.
Zhou Fusheng suddenly stood up, his eyes wide as he roared.
"Impossible, you're lying to me, right? How could my father suddenly have a brain hemorrhage? This must be a conspiracy."
Hu Zhongxing snorted. This kind of scum is truly hopeless.
"Mr. Zhou, please calm down. What's done is done, and no one can change the facts."
Zhou Fusheng suddenly realized something, grabbed Hu Zhongxing's hand, and called out urgently.
"Attorney Hu, how could you terminate the case? If you don't exonerate me, won't I go to jail? This is absolutely unacceptable. You have to save me. I'm willing to spend any amount of money."
Hu Zhongxing was extremely annoyed. He suddenly shook off Zhou Fusheng's hand and shouted loudly.
"What if we don't terminate the commission? Do you even know who you've messed with? Do you know how serious the consequences are? You even dared to hit the brother of the Secretary for Security's secretary? Now everyone in Hong Kong is saying you're the most audacious person."
Ordinary laws no longer apply to you, Mr. Zhou. Let me give you one last piece of advice: confess your guilt now, and you'll suffer less.
Hu Zhongxing tidied up the documents on the table under Zhou Fusheng's dumbfounded gaze, then walked out with his head down.
Zhou Fusheng was completely devastated. He returned to his solitary cell like a fool. He never imagined that his momentary lust and desire to sleep with a female celebrity would result in the destruction of his family and the death of his loved ones.
……
Sir John Ho's Jardine Matheson & Co. also encountered an unprecedented crisis. Since its establishment in 1949, Jardine Matheson & Co. had been a benchmark for Hong Kong commerce.
It's not a shipping company, but it owns over a dozen ships weighing tens of thousands of tons each, and even the Star Ferry minibuses are under its name. Some say Sir Robert Ho is the true controller of Hong Kong, and that's not entirely wrong.
Jardine Matheson has tens of thousands of employees and can actually be called a conglomerate, with its business scope covering all aspects of life in Hong Kong, including clothing, food, housing, transportation, and various industries.
Sir Ho is now in a terrible predicament. He never expected things to turn out this way. Several of his company's employees participated in the protests, but he didn't expect the government to issue such a strong warning in the media. Even if the employees resigned, they dared not be deported.
Sir Ho's face was thoroughly humiliated by the government, how could he swallow this insult? But before he could react, several companies that participated in the march were issued rectification documents by the Chief Secretary for Administration and the Department of Justice, and were also fined.
What bothered him most was that he had already thrown the punch, but his teammate had died of a cerebral hemorrhage, leaving him without any legitimate reason to fight.
As soon as Sir He returned home, the butler rushed over anxiously with an electric mosquito repellent.
"Sir, something terrible has happened. All three of our cargo ships have been seized in Denmark, and the British have seized two more, saying that they found smuggled goods that were not declared on board."
"what?"
Sir Ho was shocked that someone in Europe dared to seize his ship. Indeed, half of his ship was smuggled goods that had not been declared to customs. These were the things that would make him a fortune. If he had declared them to customs, wouldn't he have had to give all the money to the government? That would be tantamount to taking Sir Ho's life.
Sir John Ho didn't even go home. He turned around, got into his car, and went straight back to his office. He ordered his secretary to send several telegrams to Denmark and London. Just as he was anxiously waiting, his secretary rushed in again.
"Boss, Charlie, the head of HSBC, is here."
This is a powerful figure, not to be trifled with, Sir He quickly stood up and said.
"Please come in quickly!"
Charlie King, wearing a top hat and a tailcoat, and leaning on a cane, strode in, followed by two secretaries.
Sir John smiled and bowed with his right hand on his chest, then touched Charlie King's cheek.
After sitting down in the spacious office, Sir He ordered his secretary to bring coffee before smiling and speaking.
"Ms. Jin, what brings you here today?"
Charlie King frowned slightly. He was an expert on China; otherwise, headquarters wouldn't have sent him to Hong Kong to oversee things. He spoke slowly.
"Sir Ho, have you offended someone recently? Today, the big boss personally ordered the banks to withdraw their loans from Jardine Matheson and to never have any economic dealings with Jardine Matheson again."
Sir Ho was stunned. How could a business owner let the bank cut off his loans? Wouldn't that be cutting off his lifeline? No company's cash flow sits idle; it's all invested in various industries. So what do you do when you need money? You can only use your assets as collateral to get a bank loan.
If they can't get a loan from the bank, their cash flow will immediately break down, and Jardine Matheson will face bankruptcy.
Sir Ho racked his brains until his head ached, but he still shook his head. How could that be? The HSBC boss was an unreachable figure; how could he possibly offend him?
Just then, another secretary rushed in, looking extremely anxious.
"Boss, the president of Standard Chartered Bank, Smith, is here. He looks very angry."
Charlie King was also astonished. HSBC and Standard Chartered are the two largest banks in Hong Kong. Only these two banks have the right to issue banknotes. The banks that can print banknotes are the most powerful.
Therefore, Charlie King and President Smith are also very familiar with each other, and even have a good personal relationship.
Just as Sir John stood up, Standard Chartered Bank CEO Smith strode in with four subordinates. He was taken aback when he saw Charlie King sitting there, then nodded.
He spoke loudly to Sir Ho.
"Excuse me, Sir Ho, I am here in person on behalf of Standard Chartered Bank to inform you that, effective immediately, Standard Chartered Bank is withdrawing its loan from Jardine Matheson and will never cooperate with them again."
He turned his head and pointed at his four men.
"Immediately freeze all of Jardine Matheson's accounts, estimate the list of assets, and if the company is insolvent, file for bankruptcy immediately."
His impolite attitude was like a Thor's hammer hitting Sir Ho on the head, leaving Sir Ho dizzy and disoriented. He hurriedly shouted.
"Wait, wait, President Smith, what are you doing?"
Smith and Sir John were old friends, and seeing his anxious look, he couldn't help but sigh.
"Your five ships and cargo have been seized in Europe. You will face huge fines. Our big boss has personally ordered the termination of all dealings with Jardine Matheson and a complete blackout!"