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.

ownership of Infinity Tower would transfer to the

moment, it was

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

the matter was resolved, he could brag about himself in front of

and the others would surely appreciate him for

likely that he could replace Robin and take the position

he might even win Shirley's

presence was the reason Shirley had

to get rid of

that letting the banks take over

personal relationship with Dominic, the

met privately

the way for himself, Howard used his position in

to nightclubs for

said that Howard had kept Dominic well taken

Dominic for a favor regarding this

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

Mitchell and Barney, were also

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

Robin, they felt they had no choice

few minor shareholders remained

actions, none dared to voice their concerns in front of

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Chapter 118 SunEast Bank.

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devised a two-step plan

start the process of ending Jonah's repayment ahead of

to the court to seal Infinity Tower

to some shareholders after the conclusion

and Timothy by suggesting that the shareholders withdraw their

force Drake

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

Shirley has

Infinity Tower, her stance is that

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

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

If I offend him over this matter, it

felt a deep sense of unease regarding Howard's

dared to stand up to Drake; he was a powerful

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

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

their discontent, and quite a few are contemplating withdrawing their

the seizure process for Infinity Tower at this crucial moment,

lulinity Tower in such a respectable way, Robin's

this. "Howard, please don't mislead me. I don't want to

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Chapter 118 SunEast Bank

I'm the president of Harmonfield SunEast

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

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

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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