Chapter 1532 - Mo Xicheng Reinstated (5) (1/2)
The finance department manager gulped and stammered, “C- CEO Mo—”
“I know you’ve been instructed by others, but if you’re not going to be honest with me, then I’ll have to teach you a lesson too.”
The finance department manager fell silent for a short while. Then he finally sighed and said, “Alright, CEO Mo, I’ll tell you the truth then! I did make the transfer, but the bank has rejected the transaction.”
Narrowing his eyes, Mo Xicheng asked, “Why?”
The finance department manager was silent for a while before he said, “Because the investment department’s account has got no money. So you can’t transfer any funds!”
Mo Xicheng widened his eyes in horror and looked at the other man in disbelief. “How could there be no funds?! Isn’t that fixed capital that cannot be just moved around?”
Why would they even expect him to strike a deal with Director Li if there were no funds?
Every company had fixed capital and circulating capital.
Since their company had recently started the TV and Film City project, having circulating capital was necessary.
Because that was the only way they could guarantee a source of funds when an investment opportunity came up.
When Mo Xicheng asked this, the finance department manager started to hem and haw, “Erm- I- I’m not sure about this myself, you need to give us some time. Once we have the circulating capital, we can fill this gap.”
Mo Xicheng sneered, “I checked the books before making the investment deal and I can confirm that the necessary funds were available. Manager Liu, now you’re telling me there’s no funds on the account, you must be joking?”
Manager Liu gulped and pleaded, “CEO Mo, please- please don’t make things difficult for me! It’s best that you ask CEO Mo Zhi. I’ve told you all that I can!”
Greatly infuriated, Mo Xicheng frowned.
Director Wang was merely giving face to Shen Liangchuan by helping Mo Xicheng. But now, because of the latter, the filming crew was having complications.
Mo Xicheng cast his gaze down and hung up.
He knew that Mo Zhi was behind all of this for sure. He could not believe for a moment that the company didn’t have funds.