Chapter 523: Dividing the Cake!
The words of Song Yun could be seen stirring an array of fascinating expressions on everyone's faces!
The Chairman of Mountains and Waters Corporation... sabotaged by someone???
Hmm?
My ears must be deceiving me!
"Mr. Song, may I ask who hindered your expansion into the overseas market?"
An elderly man with a slicked-back hairdo slowly inquired.
"Heh, it was Wayne, the vice president of De Beers Diamond Group. We had some unpleasantness when they entered the Hua Country market,"
Song Yun said indifferently, "Subsequently, the three major luxury brands I partnered with terminated their contracts with me, which has led to no one daring to buy from me now!"
"De Beers... Wayne..."
The old man murmured to himself, "One of the top three diamond suppliers in the world... that's going to be tricky."
"Heh, you're not thinking about driving De Beers into bankruptcy, are you?"
Song Yun's acquaintance, the son of a duke from Eagle Country, Andrei, joked.
"Ah? Isn't that the plan?"
The old man looked very serious and pensive, as if he was genuinely considering the idea.
Andrei glanced at the other members, who had also fallen into deep thought...
What the fuck???
Was his thinking unable to keep up with everyone else's? Wasn't Song Yun's intention just to resolve this issue?
How did it suddenly turn into toppling a century-old corporation! Moreover, a corporation whose capital and connections are top-notch in the industry!
"What do you mean, Song Yun?"
Andrei asked carefully.
"Oh, it depends on what everyone thinks,"
Song Yun played the role of a hands-off manager.
But his heart was still profoundly shocked! Dammit, this was nothing like he had expected!
He had originally thought of using these social connections to put pressure on the senior management of De Beers to either transfer Wayne away from the Hua Country market or fire him outright, thus untangling this mess.
But... after the old director Jackson had put it that way, everyone's thoughts had shifted to how to use their own resources to strike at De Beers' market and carve out a piece of the pie for themselves!
"Bringing down De Beers will take a long time, and the campaign should be a prolonged one."
Andrei murmured, "Although De Beers' reputation isn't great in the industry, they still have so many diamond mines backing them up, and that alone is enough for luxury brands to take their side!"
"Doesn't Mr. Song have mines too?"
Old director Jackson said indifferently, "What's with the younger generation today? Having no ideas at all, such a small scale of thinking!"
Small... scale...???
Andrei almost jumped up but, considering the other person's status, spoke somewhat dejectedly, "Then please provide us with a plan, and we will just execute it."
"Overall, De Beers has no weak points; they mine and sell their own diamonds and have many years of partnership with a lot of brands. If you want to bring them down, you'll have to start with their diamond mines!"
A fierce glint crossed Jackson's eyes as he said, "As long as they can't produce diamonds! That will be our best chance to create havoc!" Find your next read at My Virtual Library Empire
"Ah???"
Andrei was stunned.
"What are you thinking about, lad?"
Jackson gave him a disdainful look, straightened his collar, and said, "As a gentleman with a title, I would of course not choose to engage in violence. What I mean is that eighty percent of De Beers' mines are in African nations. Perhaps we can start there; I am aware that De Beers' safety standards are not up to par, resulting in quite a few miners dying from collapses every year.
We could contact the relevant departments in the African nations to have a thorough check on this and disrupt their production."
"Count Jackson's idea is excellent! So I will start with the bank. Although the financial situation of the Drury Group is good, it has also borrowed a lot from the banks. Once the production is halted, I can directly apply to collect the debts owed by Drury Group in advance!"
A somewhat balding middle-aged man's eyes gleamed as he spoke, "As long as their cash flow is cut off, I guarantee they won't survive half a year before having to declare bankruptcy and restructure!"
"Well, I will contact the authorities in Fei Country."
"I'll handle those luxury brands, put pressure on them when Drury can't deliver the goods!"
"I'll go..."
Everyone except for Song Yun received their assignments, even Andrei needed to use his familial influence to launch a defamation campaign against the various malpractices of the Drury Diamond Group in the media!
"Mr. Song, are you satisfied with this plan?"
Jackson asked with a smile befitting an old gentleman.
"Then let's, together, share the cake."
Song Yun said with a smile.
After the meeting ended, everyone sprang into action!
...
Several days later, news about the Drury Diamond Group suddenly blanketed the international media!
Claims that the Drury Diamond Group was exploiting its workers for production!
That the Drury Diamond Group was indifferent to the workers' lives!
That the Drury Diamond Group had unscrupulous conduct, forcing a partner out of the company!
In short, Drury Diamond Group's reputation became tainted internationally in an instant!
Subsequently, authorities in Fei Country began investigating all of Drury Diamond Group's mines and discovered numerous production issues!
Their choice was to directly shut them down, stating that the seal would only be lifted once Drury made corrections!
Consider that a mine losing a day's work could mean financial losses amounting to tens of millions of US dollars!
All of a sudden, all the executives at Drury Diamond Group sensed something was amiss!
They had already established strategic cooperation with Fei Country; why were they suddenly under investigation!
Moreover, with the international community now criticizing Drury Diamond Group, their stock prices plummeted!
The executives at Drury could never have imagined that this was all due to a butterfly effect caused by their Vice President Wayne, who had made an enemy of Song Yun in Hua Country.
Just as everyone was using their connections to try to understand the situation, the bank arrived at the door with documents in hand.
The bank staff unfolded the documents and pointed to a clause, saying, "The Drury Diamond Group's assets are now deemed insufficient, so we are retrieving all debts you owe!"
"Our assets have always been premium stocks in your bank! Why so sudden!"
A director of Drury slammed the table hard and shouted.
"Heh, 83% of Drury's mines have been sealed, so in our latest round of assessment, we have decided to temporarily recollect."
"As it's clearly stated in the contract, Drury must return all debts within thirty working days. In the meantime, all of Drury's operations in our bank will be frozen, and the funds will be temporarily seized as a guarantee. If Drury repays the debts within thirty working days, we will unfreeze the account for you," the staff member said with a chuckle.
"What! How dare you!"
"Has your bank gone mad?! What benefit is there for you to do this?"
"Stop!"
The chairman of Drury Diamond Group suddenly slammed the table and, once the room quieted down, asked, "Does your CEO Morrison know about this?"
"Oh, CEO Morrison resigned yesterday."
The employee said with a smile: "I am just here to convey the message, I hope Drury can come up with the due amount as soon as possible, otherwise, if it goes that far, we will have to resort to legal proceedings!"