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.

64%

+5 Free Coins

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.

1/5

14.39

NOV

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.

of Infinity Tower would

that moment, it was already

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

he could brag about himself in front of the company's major

and the others would surely appreciate him

he could replace Robin and take the position of CEO of

might even win

was the reason Shirley

get

decided that letting the banks take over Infinity Tower

had a close personal relationship with Dominic, the president

two often met

used his position in the

invited Dominic to nightclubs for

be said that Howard

felt confident that asking Dominic for a favor regarding this

and Timothy did not oppose Robin's proposal to sign the contract-for

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

were reluctant, these individuals were founding members of the Dunn Group who had followed Drake from

Drake supporting Robin, they felt they had

minor

dared to

Wed, Nov

Chapter 118 SunEast Bank.

+5 Free Coins

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

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

court to

to some

Drake, Shirley, and Timothy by suggesting

Drake to

received Howard's

Dixon, Shirley has contacted me

Infinity Tower, her stance is that Dunn Group

tomorrow morning. "Today is simply too

to confiscate Infinity Tower, I can't explain this to Ms.

is not just anyone; he adores Ms. Dunn. If

felt a deep sense of

up to Drake; he was a

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 Dunn Group to take on the burden of

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

major shareholders are voicing their discontent, and quite a few

Tower at this crucial moment, it would effectively give

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

mislead me. I don't

375

14:39 Wed, Nov 20

Chapter 118 SunEast Bank

I'm the president of Harmonfield SunEast Bank, my authority

Dunns 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. "Mr. Stone, don't worry. The Dunns are actually looking for a

Southvale land is essentially worthless, and they're aware of the shady

he buy Infinity Tower

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

Comments ()

0/255