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Chapter 118 SunEast Bank Howard sat silently in a spectators seat during the meeting , too intimidated to speak .
What shocked him even more was Drakes agreement with Robins outrageous decision .
2476 % +10 Frew Cons More importantly , Shirley and her fully recovered father , Timothy , were also on Robins 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 say that no one was in sight .
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 Jonahs 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 .
wever , earlier this year , both banks unexpectedly claimed that Infinity Tower posed a significant risk and demanded that Jonah repay the principal and interest immediately .
This 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 Banks principal and interest totaled five billion , while SunEast Banks amounted to 3.8 billion .
Although the final deadline was set for midnight , Jonali knew that the banks would shut down their larg Transfer systems after .
08:52 Tue , Nov 19 Chapter 118 SunEast Bank DKS76 % +10 Free Coins If he couldnt ensure that the funds were credited to the banks accounts by that time , he would face serious consequences .
The following day , ownership of Infinity Tower would Gransfer to the banks .
At that moment , it was already .
Howard thought to himself that if the banks could cut the repayment deadline short , Robins plans for Infinity Tower would be ruined .
Once the matter was resolved , he could brag about himself in front of the companys major shareholders , Mitchell and the others would surely appreciate him for it .
It was likely that he could replace Robin and take the position of CEO of Eastvale .
Perhaps he might even win Shirleys favor .
He believed that Robins presence was the reason Shirley had been distant from him .
Ultimately , no matter the outcome , his goal was to get rid of Robin and drive him out of the Dunns ! After careful consideration .
Howard decided that letting the banks take over Infinity Tower was the best approach .
Howard had a close personal relationship with Dominic , the president of SunEast Bank .
The two often met privately for social gatherings .
In order to pave the way for himself , Howard used his position in the Dunns to bribe Dominic many times .
He frequently invited Dominic to nightclubs for special services , Over the years , it could be said that Howard had kept Dominic well taken care of , Given this history , he felt confident that asking Domime for a favor regarding this situation would be a simple matter .
Howard saw that Drake , Shirley , and Timothy did not oppose Robins proposal to sign the contract for taking over Infinity Tower .
Additionally , several major shareholders , including Mitchell and Barney , were also aligned on Robins side Though they were reluctant , these individuals were founding members of the Dunn Group who had followed Drake from the beginning .
With Drake supporting Robin , they felt they had no choice but to agree .
Only a few minor shareholders remained uncertain .
Although these individuals were reluctant to support Robins actions , none dared to voice their concerns in front of Drake .
||| 1497 % Chapter 118 SunEast Bank to Ft Timor of Howard sensed their hesitations and devised a two steplan to sabotage Roboris takmer of fetary Tower date First , let Dominic of SunEast Rank start the process of ending Jonahs repayment ahead of schedule Hand it over to the court to seal Infinity Tower and reclaim its ownership Second , he planned to reach out to some shareholders after the conclusion of the shareholder He planned to pressure Drake , Shirley , and Timothy by suggesting that th
e shareholders widow ber investments from Dunn Group .
This might force Drake to make concessions When Dominic , the president of SunEast Bank , received Howards call and praped his intentions , be hesitated .
Mr.
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Dixon , Shirley has contacted me before .
Regarding Infinity Tower .
her stance is that Dunn Group will take it over .
Ms.
Dunn said that Dunn Group will arrange the funds for Jonahs debt transfer by tomorrow morning Today is simply too late for the finance department to process such a large transfer .
If we initiate the court seizure procedure now to confiscate Infinity Tower .
I cant explain this to Ms.
Dunn As you know , Mr.
Dunn Sr.
is not just anyone ; he adores Ms.
Dunn .
If I offend him over this materi could make things very difficult for me ! Dominic felt a deep sense of unease regarding Howards request .
In Harmonfield , few dared to stand up to Drake , he was a powerful figure .
Noticing Dominics concern .
Howard smiled and reassured him .
Mr.
Stone , its 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 Robins proposal for Dunn Group to take on the burden of Infinity Tower But , given that Robin is the current CEO of Eastvale and was appointed by Shirley , the Dunns might be reluctant to openly oppose him in the board meeting for the sake of appearances Nevertheless , several major shareholders are voicing their discontent , and
quite a few are contemplating withdrawing their investments from Dunn Group .
What Im suggesting is that if you initiate the seizure process for Infinity Tower at this crucial moment would effectively give the Dunns a way to save face .
By preventing Dunn Group from taking over Infinity Tower in such a respectable way , Robins decision would become meaningless .
Dominic hesitated upon hearing this .
Howard , please dont mislead me .
I dont want to offend the Dunns UB : 52 Tum Nor Chapter 118 SunEast Bank Even though Im the president of Harmonfield SunEast Bank , my authority is still limited The Duns have already given assurances and promised to repay tomorrow .
If I proceed with this and Mr.
Dunu St.
gets angry , a small bank president like me wouldnt be able to handle the consequences Howard chuckled .
Mr.
Stone , dont worry .
The Dunns are actually looking for a way our Everyone in Harmontield knows that the Southvale land is essentially worthless , and theyre aware of the shady dealings between Robin and that bastard Jonah .
Otherwise , why would he buy Infinity Tower for 20 bilion : Thats insane ! By doing this , youll be preventing Robin from playing games with Dunn Groups money : Mr.
Dunn Sr will be grateful for your help .
After a moment of hesitation , Dominic considered this It was true that the Southvale land was worthless .
Earlier this year , he had proposed to terminate the Infinity Tower loan project to SunEast Banks headquarters for review .
The headquarters had promptly approved his suggestion .
SunEast Headquarters approved it so quickly because their assessment determined that the Southvale land had no investment value left .
If they didnt reclaim Infinity Tower now , they likely wouldnt recover even a fraction of their funds later However , the headquarters indicated that if someone he took over .
SunEast Bank would prefer to extend the loan term .
This way , SunEast Bank might be able to minimize its losses .
After thinking for a moment , he replied , Mr.
Dixon , while it makes sense to intrare the immediate statin of Infinity Tower now , its not yet midnight , and Im worried it might raise uspicions Howard chuckled .
Mr.
Stone , in just an hour , large transfers wont be possible unless Jonah can cash Just think about it .
Who could gather 3.8 billion in cash in just a few short hours before midnight far even realistic ? I doubt someone like you , Mr.
Stone , could manage that either : So , go ahead and act boldly .
This wont be considered violation at all .
Dominic hesitated for a long time , weighing the decision in his mind repeatedly Noticing his silence , Howard added .
After you take care of this tonight .
Ill treat you to a new lemure dub in the northern suburbs .
I hear they have some stunning foreign ladies there Dominic chuckled .
Okay If thats the case , Ill follow your advice .
Ill initiate the loan sermination prona right away 08:52 Tue , Nov 19 G Chapter 118 SunEast Bank 75 % +10 Free Coins Meanwhile , Jonah , sitting in Robins office , received a call from the finance department of Infinity Tower .
Mr.
Ferguson , SunEast Bank has initiated the loan termination process early and issued a final notice .
The legal team at SunEast Bank stated that if the full repayment of both principal and interest isnt made within half an hour , they will not accept any payments today .
In other words , if we cant cover the 3.8 billion loan within half an hour , Infinity Tower will belong to the bank after that time .
After hanging up the phone , Jonah was filled with anxiety .
Mr.
Ramsey , the situation has changed ! We just received a notice from SunEast Bank stating that we must make the full payment within half an hour , or they will immediately initiate the process to seize Infinity Tower .
Robin chuckled at Jonahs anxious demeanor .
It seems someone is making a problem .
Jonah shook his head .
Mr.
Ramsey , didnt you just discuss with Ms.
Dunn that Dunn Group would back .
the loan for Infinity Tower ? Then why has SunEast Bank suddenly decided to terminate the repayment deadline ? Noticing Jonahs growing panic , Robin replied calmly .
Its not a big deal .
Ill check with Shirley to find out whats going on .
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