Chapter 246 - Dual Contract (1/2)
Translator: Henyee TranslationsEditor: Henyee Translations
In the Wu Corporation, Wu Pang was seated at the head of the meeting room. Wu Mei was seated beside him. The other shareholders could feel the oppressive atmosphere as they flipped through the contract.
The company manager, who was about to work with them, revealed a kind and hypocritical smile. He stared at Wu Pang and Wu Mei and urged them, “If there’s no problem, let’s sign the contract as soon as possible, shall we? We’re being extremely sincere to offer such a low price!”
“In the financial industry, only our company is able to negotiate a collaboration in this way.”
The shareholders did not dare to express their opinions and could only observe Wu Pang and Wu Mei in silence.
Wu Pang coughed lightly and exchanged glances with the manager. “In that case, let’s start signing the contract…”
“Wait!”
Wu Mei lifted her eyes and stared at Wu Pang and the manager. She threw the contract into the trash can on the ground and said, “It’s a classic scam contract. The Wu Corporation might look like it will reap profits if they sign the contract, but do you dare to state openly how high the subsequent repair fees for this batch of equipment are?”
“The Wu Corporation is about to spend millions of dollars annually to maintain this batch of equipment. Have you discussed with the manager whether you want to split that 50-50% or 40-60%?”
Wu Mei exposed the secret transaction between Wu Pang and the manager. She looked around at the shareholders who had different expressions and said, “Can’t you tell?”
“Or are the benefits Wu Pang gave you enough to last you for the rest of your life? You don’t care about the Corporation’s interests at all?”
The shareholders all lowered their eyes at Wu Mei’s scolding. They held their breaths and did not dare to look anyone in the eye.
Such dual contracts and under-the-table transactions were the most common means in the business world. Now that Wu Pang had the majority of the shares in the company, how could they dare to go against him?