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 Tower would transfer

it was already 3:30

the banks could cut the repayment deadline short, Robin's plans for Infinity Tower would be

about himself in front

and the others would

likely that he could replace Robin and take the position

even win Shirley's

Robin's presence was the reason

to get rid

letting the banks take over

with

often met privately for

way for himself, Howard used his position

to nightclubs for special

said that Howard had

that asking Dominic for a favor regarding this situation would

Shirley, and Timothy did not oppose Robin's proposal to

Mitchell and

these individuals were founding members of the Dunn Group who had followed

they felt they

a few minor

dared to

Wed, Nov 20

Chapter 118 SunEast Bank.

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a two-step plan to

of SunEast Bank start the process of ending

to seal

planned to reach out to some shareholders after the

and Timothy by suggesting that

Drake to make

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

Shirley has

that Dunn Group

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

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

Ms. Dunn. If I offend him over this matter,

a deep sense of unease regarding

stand up to

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 Dunn Group to take on the burden

given that Robin is the current CEO of Eastvale and was appointed by Shirley, the Dunns might be reluctant to openly oppose him in the board meeting for the sake of

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

at this crucial moment, it would effectively

over lulinity Tower in such a respectable way,

don't mislead me.

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14:39 Wed, Nov 20

Chapter 118 SunEast Bank

I'm the president of Harmonfield SunEast Bank,

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

essentially worthless, and they're aware of the shady dealings between Robin

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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