The Youngest Son of Sunyang

Chapter 83 Tools for a Purpose 3

"Oh, not a bad idea. Gather all our audit team and call Samjeong Accounting Firm to gather auditors and send them. Also, put the physical inspection team on standby. We'll have a meeting in 10 minutes."

When Oh Sehyun was gathering people for tomorrow, I called my grandfather.

"Can I meet you right away, Grandfather? There's something urgent I need to discuss."

We needed to be prepared for any thoughts that Dae-ah Construction might have. When they turned their ominous thoughts into actions, my grandfather was the only one who could stop them.

After Oh Sehyun got off in Yeouido, the sedan headed for Mapo Bridge.

As I rushed into my grandfather's study, he greeted me with a smile.

"Oh, you rascal. You're running out of breath. Why? Did the IMF collapse again?"

"If the IMF collapses again, I'll be flying around instead of running."

There's still 1.8 billion dollars left. The worse the foreign exchange crisis gets, the higher its value rises, so I would have no choice but to fly around.

"By telling me not to go anywhere and to wait here in the study, it seems I'm needed, right?"

"Yes, I desperately need your help."

"Speak. Listen and think about how much you'll receive."

At the end of each sentence is money, but he always gives more. Isn't a grandfather always generous to his grandson?

"I'm involved with Dae-ah Construction. They are a crucial company for progressing this year's Mapo DMC project. The owners and management of that company are undoubtedly embezzling everything they can from a collapsing company. We're planning to move in before they do and take control. What do you think?"

"You've hit the jackpot, you rascal! Haha." Grandfather chuckled as he tapped on the desk.

At the age of almost 80, having lived through countless experiences, he appeared to be wise beyond measure. He seemed to have a clear understanding of what was happening and what needed to be done in the future.

"Who's the CEO of Dae-ah Construction? Kang...?"

"It's CEO Kang Museong. His younger brother, Kang Mujin, is the executive vice president."

"The executive vice president? Have you met him already?"

"Yes, I confirmed it a little while ago."

"After confirming, are you convinced that they are embezzling money?"

"Yes. As soon as Miracles Investment secured 5% of Dae-ah's shares, they contacted us and said they wanted to discuss a deal."

"5%?" Grandfather raised an eyebrow. "I've heard that there are plenty of these sly guys in the securities industry who swoop in like vultures to take a spoonful of the marrow. It seems like Oh Sehyun thinks the same way."

Securing 5% of a company's shares and wielding influence is not limited to failing companies. There are also those who acquire shares in sound companies and become major shareholders, selling them later at a higher price. However, securing 5% of the shares in a sound company can be extremely costly, so ordinary vultures don't dare to attempt it.

"Yes. When Geukdong Construction collapsed, Dae-ah Construction's stock price began to plummet, and bankruptcy rumors are spreading. We easily secured it without investing much."

"They must be panicking, right? If you demand an emergency shareholders' meeting as soon as tomorrow, they'll be in a frenzy."

"Rather than a shareholders' meeting, I plan to dig through their books tomorrow and gather evidence of their embezzlement."

"Oh... Are you thinking of putting them in jail?"

"Yes. We need to recover all the embezzled company assets. After that, we'll thoroughly clean up the company and start fresh. Won't that give it a new look?"

"Hmm... but you'll do it cheaply?" Grandfather has already calculated things with certainty.

"The stocks held by CEO Kang Museong and his family should also be worth quite a bit. We need to get our hands on those to secure management control, right?"

"Confiscate the embezzled cash or assets as fines, and if you can convert the stocks held by CEO Kang Museong and his family into Dae-ah Construction's ownership, the number of shares needed to secure management control may not be that large. The shares owned by the company..."

"Because the CEO exercises the voting rights."

"That's right."

Grandfather fell silent for a moment as he organized the tangled web of complex thoughts. Finally, he said, "The road ahead is long, but you don't have much time, do you? At least until June, you need to complete the Dae-ah Construction acquisition and normalize everything, so that you can proceed with the Mapo project alongside your uncle-in-law, who is running for Seoul mayor."

"Yes, that's the time frame I want to request."

"Time is so precious that you can't even buy it with money...?"

"It is. Even if you can't buy human life with money, you can certainly buy a substantial part of someone's life, right?"

"Are you serious?"

"The lives of 100,000 employees of the Sunyang Group were bought with money, weren't they?"

"This brat is trying to provoke me again. Haha."

There was no sign of embarrassment on his face, just a small smile.

"First, we should impose a travel ban on the entire Kang family. We need to seize the money that has already been embezzled overseas, and also instruct the Ministry of Justice to investigate."

Giving an instruction to investigate? Not a request? The word "instruction" came out so naturally.

"Of course, you can do it, right?"

"Depends on your perfromance."

I got up quickly and went behind my grandfather. I placed my hand on his shoulder and started to gently massage it.

"This should do, right? At least, please request a travel ban for now."

"Hahaha. I'll go ahead and give it a try." My grandfather picked up the receiver. "Kim Prosecutor General, are you very busy?"

Thank goodness.

It's the Seoul High Prosecutors' Office. Just a bit of shoulder massaging was enough for them to grant the travel ban request.

"...So, let me explain. With the country's economy in this state, embezzling a struggling company like Lingger just to fill my pockets is unforgivable, isn't it... No, no. First, let's stop them from fleeing overseas... That's right, that's right. Let me look into it and get back to you soon. Come visit sometime. Let's have a meal together."

After putting down the receiver, my grandfather turned his head to look at me and smiled.

"Is this enough for you?"

"Thank you."

My hand on his shoulder applied more pressure.

"To expedite things, make sure to gather solid evidence when reviewing the accounting documents tomorrow. With that, we can file charges against the management for embezzlement and breach of trust. Then, we'll have the National Tax Service and the prosecutors move in together, and they'll surrender from their end."