Chapter 90 - Property Planning (1/2)
Chapter 90: Property Planning
Translator: Atlas Studios Editor: Atlas Studios
After three days, Lawyer Luo had finished the relevant procedures, and in an instant, she had $2.7 billion more under her name.
Ou Yangfeng’s case in the court also raised much discussion, and many news broadcasting stations and newspaper companies had covered it as well.
In 2008, some business partners of an investment company were found to be laundering money from their company, and the suspect Ou Yangfeng was sentenced to three years of imprisonment. After many rounds of reduction of punishment, he was finally released in February of 2010.
On the 8th of May, 2010, Ou Yangfeng submitted an appeal to the people’s court of the Capital City, and on the 25th of May, 2010, the court conducted a public hearing on the case. At 3 pm in the afternoon, the court released the final verdict. “With the new evidence, we rule that the original court had the wrong jurisdiction, and the defendant is ruled not guilty.”
On the 5th of June, 2010, the second trial was conducted in the second highest courts of the Capital City. At 3 pm in the afternoon, another business partner of the investment company, Zhang Zhonghai, was prosecuted for making Ou Yangfeng the scapegoat for his money laundering activities. He was sentenced to 10 years of imprisonment. As the original court had the wrong jurisdiction previously, they now ruled the defendant not guilty, and an appeal was made to the Supreme Court. Thereafter, the higher order court revoked the original court’s verdict and the case was retried. On the 6th of June, 2010, the Supreme Court in the Capital City ruled Ou Yangfeng as not guilty, and his criminal record was then cleared.
At 2 pm in the afternoon on the 6th of June, 2010, Ou Yangfeng filed for an appeal to the Supreme People’s Court in the Capital City. He requested for the investigation unit and the public safety department of the southern district to make a formal apology to him, as well as compensate 5 million dollars for his loss.
The next day, the Supreme People’s Court accepted the case and hearing. That day, the investigation unit and the public safety department of the southern district issued a statement to the media, making a public apology to him. They agreed to compensate 5 million dollars for his loss, and make it public that he was cleared of any criminal records.
The public was in an uproar for some time.
The commotion over the genius finance professor of Imperial College London being wrongfully accused of money laundering lasted for close to a month before it finally came to a rest.
During that time, Lanxin Investment Corporation established by Ou Yangfeng attracted even more of the public’s attention. Wen Xinya was successful in making use of the retrials and Cheng Ziyi to bring the Lanxin Investment Corporation into the spotlight.
Cheng Ziyi looked at Wen Xinya and said, “It’s only one case of retrial, yet it became the talk of the town. You sure made full of my resources to the very last bit.”
Wen Xinya completely understood the rules of business exposure, the limits and extent of making use of the opportunities. Making use of his fame in the law business first to gain exposure, then using the court case to put Ou Yangfeng’s life in the spotlight, and finally directing the attention to Lanxin Investment Corporation through Ou Yangfeng’s court appeal. Such feats could not be pulled off by just anybody.
Qiu Yifan patted his shoulder with sympathy and said, “Making use of good opportunities and being useful determine your life’s worth. Congratulations, brother. You’ve once again shown the worth of your life. You should be thankful to Xinya for giving you a boost.”
Cheng Ziyi gave his leg a kick and pretended to be serious, but it was just all bite and no bark.
Wen Xinya said with a smile, “My Lanxin Investment Corporation has only just been established. Without such methods, it would take a very long time for it to develop, and I need to rake in a large sum of profits within a short time. Although my method was a little too impatient and greedy, I believed that Ou Yangfeng could act appropriately. I still have to thank you guys for this time.”
Cheng Ziyi teased. “Actions speak louder than words, why don’t you treat us to a meal to show your grat.i.tude.”
Wen Xinya replied, “That’s of course! I’ve booked a room at Ninth-Heaven to celebrate. Feel free to order anything you want, it’s all on me.”