Xin was established.
If one had to point out who suffered the greatest economic loss, it would be Linhua Group who worked hard at the construction site.
The collapse of the old regime and the bankruptcy of Johnny International made the ten billion USD contract in Linhua Group's hands become a piece of scrap paper.
As to the two gold mines used as collateral for Johnny International, it was just a trick used by the old fox Robert to build a shell. First, they found two abandoned mines, then hired geological prospectors to re-explore the mines and falsified the gold reserves. Then, he used the gold provided by Jiang Chen to register the production in South Africa, went through the tax process, and created a beautiful fourth quarter production report.
Immediately after, the two gold mines stopped production under Robert's operation, and the reason was business restructuring. After some effort, the value of the two gold mines was increased to 10.3 billion USD, and the asset guarantee was successfully completed.
It was easy to fake the asset guarantee since it was not an asset sale, the auditor would not come to the site to survey. Robert even told Jiang Chen that even without the gold, he could "borrow" from other mines to complete the asset verification process. A lot of mines were willing to help because it meant someone was willing to share a portion of the tax for them.
Against the international capital created by market competition, Linhua Group, a company spoiled by the government, was just a baby learning how to walk. There was no way it could compete with Robert, the old fox that even dared to trick the FBA. Linhua Group's project team did carefully read through the fifty-page asset verification document, but they didn't think that the South African government's stamp itself was fake.
Once Johnny International went bankrupt, the two gold mines fell into the hands of Linhua Group. But when Wang Linhua wanted to cash them in, he realized that the two gold mines in his hands were all f * cking useless.
Johnny International tampered with the reserves of the gold mines, and the asset verification report was fake!
As if he was struck by lightning, Wang Linhua immediately fainted when he heard the news. He was sent to the hospital by ambulance and directly sent to the emergency room.
Lost everything!
Only this word could describe the loss suffered by Linhua Group, or the Wang family's loss. Linhua Group had invested about 2.5 billion US dollars into this overseas project, which was worth 10 billion US dollars. Now that the first phase of the project was completed, Johnny International went bankrupt on the eve of the first phase of the project.
A huge loss of 2.5 billion USD in the first quarter would undoubtedly blind the eyes of the entire board of directors.
However, not long ago, Wang Linhua increased his stake in Linhua Group through the secondary market.
…
The west coast of Coro Island had the most beautiful scenery on the island.
The deep blue sea emitted a moving arc of light under the sunlight, like the skirt of the Goddess of the Sea. Visible reefs and submerged reefs were faintly discernible under the ups and downs of the tides, dividing the waves into magnificent arcs.
Green islands dotted the space between Coro Island and the second largest island, Garin Island. They were connected by deep and shallow sandbars, forming a natural maze.
The vehicle drove on the coastal road on the West Coast. Jiang Chen rolled down the window and looked at the beauty of the island from afar.
"It's really beautiful."
"Do you want me to drive slower?" Ayesha asked softly.
"No need, let's hurry up." Looking at the seagulls in the sky, Jiang Chen narrowed his eyes. "Get rid of these boring people from my island as soon as possible."
She pursed her lips and changed gears. "Sit tight."
The engine roared.
The car accelerated to 160 km/h and turned into a blue shadow as it sped toward its destination.
The speed of the car may be dangerous for normal people, but for Ayesha who was injected with the genetic vaccine, it was not a problem.
Soon, the car arrived at Linhua Group's base.
Jiang Chen parked the car on the side of the road. From afar, he could see a group of people surrounding the entrance of Linhua Group. The islanders were holding hoes to loosen the soil, machetes to cut bananas, and even sugarcane as they surrounded the entrance of Linhua Group. Everyone's expression was agitated as they prepared to force their way in.
The militia with rifles maintained order. They were the insurgents who participated in the coup. After the war, they didn't completely disband. Some of them were directly integrated into the police force as a security force.
Jiang Chen signaled Ayesha to wait for him in the car as he walked straight to the door.
"What happened here?" Jiang Chen walked next to a police officer as he asked nonchalantly.
The bearded officer frowned. Just as he was about to tell Jiang Chen to stay on the side, he saw the pass personally signed by Zhang Yaping in Jiang Chen's hand. He immediately hid his impatient expression.
"It's about the land compensation."
Jiang Chen instantly understood.
A while ago, Linhua Group and Johnny International agreed on a 2 USD per square meter compensation. It was a bit extreme. Now that Johnny International went bankrupt and the old regime of Pannu collapsed, the people could no longer tolerate this unfair agreement.
Seeing that the situation was not right, Wang Tianfeng immediately called the police. Although the police were also dissatisfied with Linhua Group, they still had to follow the law. Therefore, they mobilized the police force to control the situation. But the islanders were still blocked here as they waited for an explanation.
"I'll go in."
The police officer hesitated for a moment before he opened a gap and let Jiang Chen in.
Inside the base was a row of metal houses. The valuable equipment was moved to the warehouse by the workers and locked to prevent the rioters from stealing or destroying it. As to the workers, they all put on their helmets with sticks in their hands as they guarded the construction site as if they were ready for a fight.
If there was a conflict with the locals, the ones at a disadvantage would be the foreigners. Although they were "armed," everyone was praying that there would be no conflict. In the midst of a riot, if they were killed by the rioters, they wouldn't even have a place to argue.
When they saw someone walk over, they were first nervous, but when they saw it was someone from the same hometown, they quickly felt relieved.
Although there were quite a few Chinese people on this island, for people like them who often traveled all over the world, they could tell at a glance whether or not they were born and raised Chinese.
A worker with tanned skin walked up to Jiang Chen and asked impatiently, "What's the situation outside?"
Looking at the anxious expression on his face, Jiang Chen comforted him with a smile. "Don't worry, the Xin president already understands the situation and is coordinating with the situation."
The worker let out a sigh of relief as he wiped the sweat off his forehead and smiled at Jiang Chen, revealing his white teeth. "Are you from the embassy?"
Pannu Islands was a small place, so there was no embassy.
"No, but I'm here to help you arrange things to go home."
When the worker heard that he could go home, joy flashed across his face.
"That's great, haha. Bro, we're all looking forward to going home. The construction period was dragged on, and there was no progress at all. The situation outside is getting more and more dangerous. A month ago, we could still buy some fruits on the street, but now we don't even dare to step out of the door. "
"Sigh, you've suffered."
Although Jiang Chen hated the Wang family's insatiable greed, he didn't hate the ordinary workers. Rather, it should be said that it was a joyous thing to see one's compatriots in a foreign land.
No matter what, they were his compatriots. Seeing his compatriots in danger, Jiang Chen naturally wouldn't sit back and watch.
"No, no." The worker with a tanned face waved his hand. "You're here for Manager Wang, right? Do you need me to take you there?"
"No, just tell me the location."
The worker didn't insist as he pointed at the cement building behind the construction site.
"That's his office, at the end of the second-floor corridor."
After saying goodbye to the worker, Jiang Chen walked to Wang Tianfeng's office.
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