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

it was

that if the banks could cut the repayment deadline

he could brag about himself

the others would surely appreciate him

that he could replace Robin and take the position of CEO of

even

was the reason Shirley had been distant from

no matter the outcome, his goal was to get rid of Robin and drive him out of the

letting the banks take over Infinity Tower was the best

close personal relationship with Dominic, the president of

met privately for social

for himself, Howard used his position in the Dunns to

to nightclubs for

be said that Howard had kept Dominic

confident that asking Dominic for

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

shareholders, including Mitchell and Barney,

founding members of the Dunn

they felt they had

few minor shareholders remained

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

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Chapter 118 SunEast Bank.

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their hesitations and devised a two-step plan to

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

to the court to seal Infinity Tower and

to reach out to some shareholders after the conclusion of the shareholders'

and Timothy by suggesting that the

force Drake to

received

Shirley has contacted

her stance is that

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

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

he adores Ms. Dunn. If I offend him over this matter, it could make things very

sense

up to Drake; he was

"Mr. Stone, it's not as serious as you think. "I have some insider information: the Dunn Group board meeting is in progress, and

by Shirley, the Dunns might be reluctant

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

you initiate the seizure process for Infinity Tower at this

Group from taking over lulinity Tower in such a

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

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Chapter 118 SunEast Bank

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

small bank president like me wouldn't be able to handle the consequences." Howard chuckled. "Mr. Stone,

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

Infinity Tower

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