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.

following day, ownership of Infinity Tower would transfer to

it

could cut the repayment deadline short, Robin's plans for Infinity

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

others would surely appreciate

could replace Robin and take the position of

might even

Robin's presence was the

no matter the outcome, his goal was to get rid of

the banks take over

relationship with Dominic, the president

two often met privately for social

himself, Howard used his position

to nightclubs for special

years, it could be said that Howard had kept

Dominic for a

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

Mitchell and Barney, were also aligned on

reluctant, these individuals were founding members of the Dunn Group

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

a few minor shareholders

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

Nov

Chapter 118 SunEast Bank.

+5 Free Coins

and devised a two-step

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

to the court to seal Infinity Tower and reclaim

reach out to some shareholders after the conclusion of the

suggesting

force Drake to

president of SunEast Bank, received

Shirley has contacted

Tower, her stance is that Dunn

funds for Jonah's debt transfer by tomorrow morning. "Today is simply too late for

to confiscate

Dunn. If I offend him over

felt a deep sense

Harmonfield, few dared to stand up

Howard 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,

given that Robin is the current CEO of Eastvale and was appointed by Shirley, the Dunns might be reluctant

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

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

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

don't mislead me. I

375

14:39 Wed, Nov 20

Chapter 118 SunEast Bank

Harmonfield SunEast Bank, my authority is

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 way

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

buy Infinity Tower

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

Comments ()

0/255