Rebirth 76: Industrial Internet Empire

Chapter 277 Offensive and Defensive Alliance

Yuanda Real Estate Company.

Two police cars roared up.

"Naoki Kishida! Why did you betray me? Did you call the police?" Xu Xiaolong asked sharply.

"What do you think?" Kishida Naoki showed a faint smile on his lips.

"This is a trap from beginning to end, right? There are no Japanese investors buying houses at all. You know that the real estate bubble is about to burst, so you deliberately tempted me to get the land! Naoki Kishida, I have no grudge against you, you Why are you planning so hard to harm me?" Xu Xiaolong struggled desperately to break free from the policeman's arm, staring at Kishida Naoki and shouting at the top of his lungs.

"Why should I design to harm you? Xu Sang, you are all about business! You are like a gambler who lost the bet now. You bet too heavily and put all your chips on it. There is no chance of a comeback. Opportunity!" Naoki Kishida said, spreading his hands.

"Mr. Kishida, I know this is not your idea. You and I have no grudges against Xu Xiaolong. You also know that I'm afraid I won't be able to get out for the rest of my life. You don't have to worry about it. I just want to know that I want to die. After all, Who asked you to plot to harm me?" Xu Xiaolong begged bitterly.

"No comment, I don't know what you are talking about!" Kishida Naoki hesitated to cover up.

Xu Mingyuan and Li Lixin were also controlled one after another.

Qiongzhou Anti-Corruption Bureau Pretrial Room.

The cunning and cunning Xu Mingyuan faced the questioning of the investigators and didn't know any of the three questions. He blamed Xu Xiaolong for everything he had picked.

"Xu Mingyuan, I advise you not to have any illusions. No one can save you this time! Telling the truth honestly is your only way out..." the investigator scolded sternly.

"All the projects I am responsible for are implemented in accordance with the regulations of the Longhua District Committee. All procedures are reasonable and legal, and there are no violations. I can guarantee this with my personality!" Xu Mingyuan said "righteously".

"Reasonable and legal? Xu Mingyuan, then I want to ask you, why did many projects in Longhua District end up in the hands of your nephew Xu Xiaolong? Is this the procedure you keep saying is reasonable and legal?" the investigator asked, patting the table.

"Don't avoid relatives when promoting talents! I can't refuse him to participate in the construction of Qiongzhou City just because he is my nephew, right? We don't seem to have this in our organizational discipline, right? For the same project, which company gave the plan and quotation We will choose whoever is most suitable, whether this person is my enemy or a relative..." Xu Mingyuan said unhurriedly.

"Xu Mingyuan! Don't mess around! Li Lixin, the president of Qiongzhou City Bank, accepted a bribe of 10 US dollars and issued a 5 million yuan loan to Hailong Real Estate in violation of regulations, causing irreparable losses to the country. How do you explain it?" The investigators stared closely. Xu Mingyuan's eyes asked word by word.

"One hundred thousand dollars in bribes? Illegal issuance of 5 million yuan in loans? Are you kidding? Such a large loan requires the approval of a higher-level supervisory authority. How dare he, Li Lixin, make illegal loans?" Xu Mingyuan asked, pretending to be surprised.

"Xu Mingyuan! The evidence is conclusive! Do you still dare to deny it? The fact is that with your help, Qiongzhou City Bank has illegally issued a loan of 5 million yuan to Hailong Real Estate. This fund has caused irreparable losses to the country!"

"Although I have nothing to do with this matter, I would like to say something fair to President Li of Qiongzhou City Bank. Although I am not sure whether the US$10 is related to the illegal loan issuance, but let the country know Is it a bit exaggerated to cause irreparable losses?" Xu Mingyuan questioned.

"Do you think Hailong Real Estate is still able to repay this loan?" the investigator asked disdainfully.

"I can't guarantee it! But as far as I know, Hailong Real Estate obtained this loan to pay the land transfer fee, and all of it was handed over to the country. I really want to ask you for advice. It has caused irreparable damage to the country. How can we start talking about the heavy losses?" Xu Mingyuan retorted slowly.

The investigators were left speechless by Xu Mingyuan's sophistry.

Xu Mingyuan continued to speak earnestly: "Comrade! Reform and opening up! We have always been trying to cross the river by feeling for the stones. Problems of this kind will inevitably arise. We can't beat people to death with a stick as soon as problems arise! Let's take Qiongzhou City Bank. Anyone with a discerning eye knows that illegal lending is just a bridge fund to help Hailong Real Estate advance capital to acquire land. This phenomenon is very common in Qiongzhou!"

Investigators have gradually entered Xu Mingyuan's thinking mode...

"The country's sudden tightening of monetary policy has caused land prices in Qiongzhou to plummet. Hailong Real Estate and Qiongzhou City Bank are actually victims. In order to respond to the Qiongzhou Municipal Government's plan to build Qiongzhou into an international tourist metropolis, they participated in the construction of the Hailong Bay high-end residential project. The funds were not used for other purposes. Judging from the situation of Qiongzhou's real estate market at that time, this was undoubtedly a high-quality loan. What our government and administrative law enforcement agencies should do is to protect these enterprises, rather than appearing in the area. In times of crisis, you listen to rumors and make trouble for them..." Xu Mingyuan said with a sad expression.

In another pre-trial room, the investigation against Li Lixin was also not smooth. Li Lixin denied taking the money, and his son did not contact him during this period.

As for the illegal loans granted by Qiongzhou City Bank to Hailong Real Estate, it is very common in the Qiongzhou real estate market, and many commercial banks are rushing to issue bridge funds.

But what Li Lixin said is right. After the Qiongzhou real estate bubble burst, not only Qiongzhou City Bank suffered a large number of bad debts, but other state-owned banks were not spared!

Throughout Qiongzhou, the non-performing asset ratio of most commercial banks exceeds 60%. China Construction Bank alone has more than 250 non-performing real estate projects that need to be disposed of.

Pre-trial Room of Qiongzhou Public Security Bureau.

"Xu Xiaolong, do you know why you are invited here?" the pre-trial officer asked after staring at Xu Xiaolong for a while.

"Why else? Our Hailong Real Estate pays too much tax every year and raises a bunch of idle people. It's just free time!" Xu Xiaolong said provocatively.

"Xu Xiaolong! You are suspected of bribing state officials, defrauding huge loans, and repeatedly using unfair means to obtain multiple major projects and making huge profits from them... Please explain the problem honestly!" The pre-trial officer said from the beginning of the interrogation. Throw out a bombshell and try to catch him off guard!

"Why can't I understand what you are saying? We struggled for a long time to get approval for the loan for the Hailong Bay project. In the end, it was Mr. Naoki Kishida of Yuanda Real Estate Company who came forward and got it approved!" Obviously, the two uncles and nephews of the Xu family An offensive and defensive alliance had been established long ago, and when faced with questioning from the public security organs, Xu Xiaolong put all the blame on Kishida Naoki...

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