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

moment, it

the

the matter was resolved, he could brag about himself

and the others would surely appreciate him

Robin and take the position

might even win Shirley's

was the reason Shirley had been distant

get rid of Robin

careful consideration, Howard decided that letting the banks take over Infinity Tower was

had a close personal relationship with

met privately for social

pave the way for himself, Howard used his position in the Dunns to bribe

frequently invited Dominic to nightclubs for special

that Howard had kept Dominic well taken care

asking Dominic for a favor regarding this situation would

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

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

members of the Dunn Group who had followed Drake from

Drake supporting Robin, they felt they had no choice but to

a few minor shareholders

these individuals were reluctant to support Robin's actions, none dared to voice their concerns in front of

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Chapter 118 SunEast Bank.

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and devised a two-step

of SunEast Bank start the process of ending Jonah's repayment ahead

it over to the court to

he planned to reach out to some shareholders

and Timothy by suggesting that the shareholders withdraw their investments from Dunn

might force Drake

of SunEast Bank, received Howard's call

has contacted me

is that Dunn Group will

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

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

Dunn Sr. is not just anyone; he adores Ms. Dunn. If I offend

felt a deep sense

to stand up to Drake; he

"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

appointed by Shirley, the Dunns might be reluctant to openly oppose him in the board meeting for the sake of

quite a few are contemplating withdrawing

process for Infinity Tower at this crucial moment, it would effectively give the

taking over lulinity Tower in such a

mislead me. I don't want

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Chapter 118 SunEast Bank

president of Harmonfield SunEast Bank, my authority is still

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 actually looking for

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

Infinity Tower

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

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