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.

following day, ownership of Infinity

moment, it

himself that if the banks could cut the repayment deadline

was resolved, he could brag about himself in front

others would surely

was likely that he could replace Robin and take the position of CEO

might even win

was the reason

no matter the outcome, his goal was to get rid of Robin and drive him out of

the banks take over Infinity Tower

with

met privately for social

used his position in

to nightclubs

it could be said that Howard had kept

history, he felt confident that asking Dominic for a favor regarding this situation would be a

not oppose

including Mitchell and Barney, were also aligned on Robin's

these individuals were founding members of the Dunn Group who

Robin, they felt they had no choice but

minor shareholders

support Robin's actions, none dared to voice their concerns

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Chapter 118 SunEast Bank.

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their hesitations and devised a two-step plan to sabotage Robin's takeover

let Dominic of SunEast Bank start the process of ending

to the court to seal Infinity Tower and

he planned to reach out to some shareholders after the conclusion

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

might force Drake

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

Dixon, Shirley has contacted me

that

the funds for Jonah's debt transfer by tomorrow morning. "Today

we initiate the court seizure procedure now to confiscate Infinity Tower, I

adores Ms. Dunn. If I offend him over this matter, it could

a deep sense of unease

dared to stand up to

not as serious as you think. "I have some insider information: the Dunn Group board meeting is in progress, and nearly

of Eastvale and was appointed by Shirley, the Dunns might be reluctant to openly oppose him in the board

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

Tower at this

preventing Dunn Group from taking over lulinity Tower in such a respectable way, Robin's decision would

mislead me. I

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Chapter 118 SunEast Bank

the president of Harmonfield SunEast Bank, my

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. "Mr. Stone, don't worry. The Dunns are

the Southvale land is essentially worthless, and

why 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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