Chapter 239 - Chen Family In Ruins (1/2)
Chapter 239: Chen Family In Ruins
Translator: Henyee Translations Editor: Henyee Translations
As one of the biggest international pharmaceutical companies, Aid International had to deal with all kinds of powers, usually through its representative Grant. Therefore Grant had heard of Chen Fan’s name in pa.s.sing many times.
“Fine, then let’s negotiate with Mr. Chen then.”
The aquiline-nosed old man said with a forced smile that looked more like a frown.
His secretary and a.s.sistant looked at each other in confusion. However, since the order was from headquarters, they must oblige.
Meanwhile, as the International Biology Conference carried on, the fight between the two clans of Jin City was about to come to a climax.
The night before the storm came, inside the number one manner of the Royal Wood Community, Sheng Ronghua held a cup of wine in one hand and looked out through the window down into the bustling streets. Beside him stood Uncle Lin and his son Sheng Junwen.
“Zhang Baojun has started our plan, hasn’t he?” Sheng Ronghua asked.
“Indeed, father.” Sheng Junwen took a step forward and answered.
“How about Qin Hua?” Sheng Ronghua asked again.
“After Zhu Gemin’s persuasion, Qin Hua decided to be neutral in the conflict” Sheng Junwen answered.
Sheng Ronghua cracked a cold smile and left it at that. He then asked: “How about Jiao, Xue, Song and Tang family?”
“No one wants to see the rise of a superpower. The Chen family is growing too fast.” A manager at the Sheng family siad. “They all agreed to join us to dismantle the Chen family, except for the Tang family.”
The mentioning of the Tang family made Sheng Junwen pull a taut face.
He remembered the moment when Chen Fan slapped his face.
“Humph! The Tang family is still on the fence. They think that we won’t be able to handle Chen Fan without them?” Sheng Ronghua snorted and then gave Uncle Lin a serious look. “Have you contacted the Heavenly Kill?”
“Don’t worry, my lord. The leader of the Heavenly Kill had promised to help us personally.” Uncle Lin said in a wizened voice.
“Very well. This time, we will erase the Chen family from Jin City.” Sheng Ronghua hammered the window and announced firmly.
“Yes.”
Everyone agreed as a vengeful flame danced in Sheng Junwen’s eyes
Meanwhile, the CFO of The Chens Group, Zhang Baojun reported to the Taxation department of the city about The Chens Group’s evading over five hundred million yuan in taxes over the last decade. He also blew the whistle on Chen Zhenxin’s involvement in an illegal scheme by purchasing goods using government funds at a discount rate and then reselling them to the private sector at a much higher rate.
Once the government had received the tip, the Law Enforcement unit was tasked to search a few key accounting offices of the Chens Group. The Law Enforcement units also made a few arrests.
The second day, when then Chen family woke up in the morning, they realized that all their family a.s.sets had been seized.
Seeing the Chens Group was under investigation, Chen Zhenxin called Qin Hua to ask for help. However, Qin Hua had brushed the investigation off. As soon as Chen Zhenxin hung up the phone, he was taken away by the Law Enforcement unit to the police office for investigation of his alleged crime.
The companies that did business with the Chen family ceased their contract immediately and even the banks started to call the Chen family, asking them to pay up the debts.
The sky above the Chen family seemed to have collapsed on them in one day.
Meanwhile, in the East Mountain Villas.
The entire family gathered at Chen Huaian’s residence. Everyone looked gloomy and troubled. w.a.n.g Xiaoyun had rushed back to Jin City from Zhong Hai and had brought a lot of cash with her to ensure the cash flow of the Chens Group.
“Second Brother, what’s the word from the Song family?” Chen Huaian asked.
“Many managers of the Song family told me that their family lord had ordered them to cease all contracts with us.” Chen Qianxin said with a frown. “The Hua family gave us the same answer. Over forty firms had canceled their contracts with us. Even the penalties for breach of contract wouldn’t deter them from severing the relations.h.i.+p with us.”
“Hehe. Penalties for breach of contract? The Chens Group would have already been bankrupt when we finally get that money back through the court system.” w.a.n.g Xiaoyun snorted. She looked up and said: “Dad, I think we might as well pay up the fine for tax evasion and serve our sentences. I have brought back enough cash to save the Chens Group. As long as we still have our core business, we can always look for new contracts.”
Hearing w.a.n.g Xiaoyun’s words, Chen Qianxin looked like he was about to cry.
Although he had to hand over the seat of the CEO of the company, he had gathered many royal followers over the decades. However, most of the people who conducted the criminal acts had been his old subordinates and further investigation would definitely bring attention to him.
“Dad, is there any other way? What did Uncle Qin say?” Second Uncle asked.
“Sigh…” Chen Huaian shook his head and heaved a sigh. “Qin Hua didn’t answer my call.”
A silence fell over the room as soon as they heard the old man’s words.
Qin Hua was one of Chen family’s most powerful benefactors. The fact that Qin Hua ignored Chen Huaian’s phone call at such a critical moment meant that Qin Hua might have already given up on the Chen family, worse yet, he could be working with the Sheng family.