Chapter 118

Chapter 118 SunEast Bank

Chapter 118 SunEast Bank

Howard sat silently in a spectator's seat during the meeting, too intimidated to speak.

What shocked him even more was Drake's agreement with Robin's outrageous decision.

More importantly. Shirley and her fully recovered father, Timothy, were also on Robin's side.

He realized that it would be impossible to use this matter to bring Robin down.

Seizing the moment of chaos in the meeting room, he quietly slipped out.

Once in the fire escape. Howard glanced around and saw that no one was in sight.

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He pulled out his phone and called Dominic Stone, the president of SunEast Bank in Harmonfield.

SunEast Bank was a private joint-stock bank, established five years ago in Brookhaven by several major private enterprises from southern Draconia. Three years ago, SunEast Bank and another Harmonfield Bank, both provided loans to Jonah's Infinity

Tower.

Previously, Jonah used all his properties and the Infinity Tower itself as collateral to borrow three billion from SunEast Bank and 4 billion from Harmonfield Bank. The term of their loan agreements was ten years.

For the past three years, regardless of how tight his finances became, Jonah had never missed an interest payment to either bank.

Even during the toughest times, he managed to avoid owing either bank a single penny, even resorting to high-interest loans to keep up with his obligations.

Jonah understood that he had taken on this debt in order to develop a thriving business district in Southvale.

For someone with big ambitions, integrity was always the top priority.

However, earlier this year, both banks unexpectedly claimed that Infinity Tower posed a significant risk and demanded that Jonah repay the principal and interest immediately. Thus placed Jonah in a precarious position, as his finances were already extremely tight.

Today marked the final deadline for repayment to both banks.

Both banks required Jonah to repay their loans by midnight tonight.

Harmonfield Bank's principal and interest totaled five billion, while SunEast Bank's amounted to 3.8

billion.

Although the final deadline was set for midnight, Jonat knew that the banks would shut down their large Transfer systems after 5:30 PM.

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Chapter 118 SunEast Bank

If he couldn't ensure that the funds were credited to the banks' accounts by that time, he would face serious consequences.

ownership of Infinity Tower would transfer to the

it

that if the banks could cut the repayment deadline

was resolved, he could brag about himself in front of the company's

and the others would surely appreciate

was likely that he could replace Robin

even win

that Robin's presence was the reason

goal was to get rid

letting the banks take over Infinity Tower was the best

relationship with Dominic, the president of SunEast

two often met

pave the way for himself, Howard used his position

Dominic to nightclubs for special

be said that Howard

history, he felt confident that asking Dominic for a favor regarding

did not oppose Robin's proposal to sign the contract-for taking over Infinity

including Mitchell and Barney,

these individuals were founding members of the Dunn Group

they felt they had

a few minor

individuals were reluctant to support Robin's actions, none dared to voice their concerns in front of Drake. @K

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Chapter 118 SunEast Bank.

+5 Free Coins

two-step plan to sabotage

let Dominic of SunEast Bank start the

court to seal Infinity Tower and reclaim

he planned to reach out to some shareholders after the conclusion of the

to pressure Drake, Shirley, and Timothy by suggesting that the shareholders withdraw their investments

Drake to

the president of SunEast Bank, received Howard's call and grasped his intentions, he

has contacted me

that

Dunn said that Dunn Group will arrange the funds for Jonah's debt transfer by tomorrow morning. "Today is simply too late for the finance department to

initiate the court seizure procedure now to confiscate Infinity Tower, I can't explain this to Ms.

adores Ms. Dunn. If I offend him over this matter, it could make things very difficult

felt a deep sense of unease

stand up to Drake; he was

smiled and reassured him, "Mr. Stone, it's not as serious as you think. "I have some insider information: the Dunn Group board meeting is in progress, and nearly all the shareholders are opposed to Robin's proposal for

Robin is the current CEO of Eastvale and was appointed by Shirley, the Dunns might be reluctant to openly oppose him in

major shareholders are voicing their discontent, and quite a few are contemplating

you initiate the seizure process for Infinity Tower at this crucial moment, it would effectively give the Dunns

lulinity Tower in such a respectable way,

this. "Howard, please don't mislead me. I don't want to offend the

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Chapter 118 SunEast Bank

Harmonfield

have already given assurances and promised to repay tomorrow. If I proceed with this, and Mr. Dunn Sr. gets angry, a small bank president like me wouldn't be able to handle the consequences." Howard chuckled.

in Harmonfield knows that the Southvale land is essentially worthless, and they're aware of the shady dealings between

would he buy Infinity Tower for 20 billion?

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

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