The Highest Level Son of a Chaebol Family - Chapter 415



Only Krnovel

415. The one who buried the gate

There’s more news to add to the controversy.

The Japanese government expressed its concerns extensively through the media.

Experts gathered around a table and chatted loudly in a hastily arranged television talk show.

“If the Middle East cuts oil production by just 5% a month, the whole world will be shaken.”

“Thanks to this, the world economy has been thrown into a deep hole. In Europe alone, the growth rate has reportedly plummeted by two to three times compared to the previous year.”

“Japan is no exception.”

“Isn’t this causing great trouble for Japanese companies as well?”

As the sighs of experts grew louder, the viewer ratings soared.

“It is expected that the damage to Japan will be much greater than during the first oil crisis.”

“That’s understandable. Aren’t Japanese companies dominating the global manufacturing market?”

“Manufacturing and oil are inextricably linked. Can factories operate without oil, and can petrochemical products be produced without oil?”

“Not only large corporations but also small and medium-sized subcontractors are saying they are afraid of going bankrupt. The situation is much more serious than the last oil crisis.”

The experts looked at each other with serious faces.

A deliberate sigh and heavy silence heightened the tension.

“It is said that the financial sector, including Japanese banks, has stepped in to provide large-scale support to prevent a chain of corporate bankruptcies.”

The phrase “Overcoming the crisis: Japan’s financial sector promises massive support” appeared in large red captions.

“We are taking out short-term loans to defend the market.”

“I heard that the amount being released into the market is considerable.”

“It is said to be roughly equivalent to two years of the Japanese government’s budget.”

“Wow! That’s a truly enormous amount, beyond imagination. With that much support, wouldn’t Japanese companies be able to get through the second oil crisis without a hitch?”

“We can prevent a black ink bankruptcy, but we cannot prevent the fundamental problem. Improving the company’s constitution is urgent.”

The moderator of the discussion looked into the camera and asked a question.

“Ah, is that why the Prime Minister mentioned in his New Year’s address that we need to find ways to solve the problems we face?”

It was a smooth, unrivaled progression, as if reading a prepared script.

“The Japanese government announced that this year it will focus all its efforts on restructuring insolvent companies and resolving bad debts at banks, etc.”

“At times like these, we must strengthen our internal structure to overcome external difficulties.”

“Let’s talk about this in a little more detail.”

As the atmosphere of the talk show heightened, the viewer ratings also quickly soared.

The Japanese people were showing great interest in this issue.

“Learning from the lessons of the last oil crisis, Congress has enacted laws mandating private petroleum reserves and limiting petroleum use.”

“It is said that he has proposed price control legislation to limit wage increases and stabilize consumer prices.”

“I hear the Japanese parliament is responding quickly.”

The moderator of the discussion turned to the expert sitting opposite him.

“I heard that the Ministry of Trade, Industry and Energy is also actively responding to energy industry policies.”

“Yes, the Ministry of Commerce, Industry and Energy has decided to strengthen policies to promote energy conservation and promote energy resource diversification.”

“What exactly does energy resource diversification mean?”

“It means directly solving the problem of crude oil supply and demand by contacting other oil-producing countries outside the Middle East, and indirectly developing and supporting technology for energy efficiency.”

Pabat.

The CRT television turned off.

The Japanese Prime Minister looked around as if he had no choice but to look back.

“As you can see, we have been raising issues about the energy industry, restructuring of insolvent companies, and resolution of bad debts at banks and other institutions through NHKS nationwide every day.”

“Very good!”

“Excellent!”

The thunderous answer echoed throughout the conference room.

The Japanese Prime Minister glanced around the conference room.

On one side of the table sat the leaders and executives of each political party, including the leader of the Liberal Democratic Party.

On the other side of the table, the chairman of the Japan Business Federation and other heads of large corporations sat.

High-ranking administrative officials above the level of vice-minister were divided into departments and sat in rows on the left and right.

The Japanese Prime Minister opened his mouth heavily.

“I guess you can guess why I called you?”

Because the matter was so serious, no one could answer easily.

So, they just kept an eye on each other, and no one took the initiative to take up arms.

The Japanese Prime Minister looked at them with cold eyes.

“Relaxation of regulations on the establishment of financial holding companies.”

It was a matter that had been promised to the next head of the Jeong family.

“Accordingly, we will select one company each from banks, insurance companies, securities firms, and asset management companies.”

The Japanese Prime Minister’s voice rang out coldly alone in the conference room.

bang.

The Japanese Prime Minister put his feet heavily on the table.

“Let’s discuss this in earnest.”

Everyone just flinched and didn’t open their mouths.

Not only the Liberal Democratic Party leader and party officials, who seemed to have many complaints, but even the Socialist Party leader and party officials, who were always nitpicking and trying to bargain, were quiet.

The Japanese Prime Minister’s smile deepened as he looked at them.

‘Jeong Dong-jin’s successor, he really is quite the man.’

A key point that instantly shut the mouths of politicians who were busy fighting for vested interests and bringing down their opponents by blowing their whistles whenever they had the chance.

That was the bribe ledger from Nakamura Real Estate that was given to me right before we broke up.

-What do you think will happen to you if we reveal this to the media, which is already busy demanding accountability these days?

With that one word, the objection disappeared.

The Japanese Prime Minister’s gaze shifted to the other side.

‘Even the vice ministers of the administration, who used to talk about policies in a harsh tone and push out empty theories that are far from reality, are quiet.’

And why do they sit there quietly with their mouths shut?

If you think about it, that was also thanks to the new head of the Jeong family.

-Northcop Gate, can I ask you something?

If the Northcorp Gate scandal were to break out, the executive secretaries sitting here would also be swept away like fallen autumn leaves.

Just like the last Lockheedgate.

You’re tightly chained to the Northcop Gate, so why don’t you just keep your mouth shut?

‘Then cut down on the defense bribes!’

The Japanese Prime Minister smiled bitterly.

It’s not like I can judge it that way because my situation was similar.

It costs a lot of money to do politics.

In this world, it costs so much money to hold an election that it would make ordinary people’s mouths drop open.

After a heavy silence, the Japanese Prime Minister opened his mouth.

“After negotiating with Jeong Dong-jin’s successor, the Northcop Gate became as quiet as a lie.”

Regardless of political or business circles, there was no one who was not involved in Northcop Gate.

These were the bare faces of high-ranking Japanese officials.

“Honestly, I think this is impossible.”

“In terms of the amount of money, the position of the U.S. House of Representatives, the circumstances, and the scale of the involvement, this was a matter of even greater embarrassment than Lockheedgate.”

“I don’t understand why American newspapers and broadcasters have all but shut their mouths about Northcorp Gate as if they had promised to do so.”

“This is not something a mere loan shark can do.”

A soft groaning sound began to be heard in the conference room.

“That guy who is said to be Jeong Dong-jin’s successor. What kind of tricks did he use?”

“It’s covered up so neatly. It’s really something that would make a ghost cry.”

“How far do you have to go to have this much influence?”

“Can you guess, Prime Minister?”

The Japanese prime minister shook his head heavily.

Then a sigh of despair followed.

“Jeong Dong-jin’s successor is truly a scary person.”

“What a monster. I’m dying to know what he looks like.”

“I should have just closed my eyes and pretended to be crazy and kicked the zelkova tree.”

The Japanese Prime Minister hid his agitation by rolling his eyes.

One question after another.

It was a question that had to be asked by someone who had reached the pinnacle of power in Japan.

‘I can’t even imagine doing this… How on earth? By what means? By whom? By moving someone?’

How can this be possible?

The Japanese Prime Minister’s mind was busy with the calculations.

But for several days now, I’ve been reaching the same conclusion.

‘I can’t even guess. It’s so incredible.’

The Japanese Prime Minister could not let his guard down.

I swallowed my dry saliva without realizing it.

“It’s surprising that such a talented person has not been known until now.”

“It is clear that Jeong Dong-jin has been secretly raising this monster for a long time.”

“Otherwise, it would be difficult to avoid the eyes of the Japanese Public Security Investigation Agency and operate quietly in the United States.”

Everyone had a look on their face that said it was hard to believe.

The same goes for the Japanese Prime Minister.

“Everything is shrouded in mystery: identity, background, birth, ability, connections, private life, weaknesses. This is the fundamental reason why we are unable to avoid the classics.”

A silhouette seen beyond the zelkova tree.

Jeong Dong-jin’s successor remained silent until the end.

So, even though we sat down and discussed Japan’s future, we couldn’t figure out anything.

“They say that if you keep your distance, you will lose a hundred battles.”

The Japanese prime minister clenched his fists.

“You must not act rashly and make mistakes until you clearly understand your opponent.”

“If the man who is so obsessed with Northcorp Gate is determined to bankrupt Japan… … .”

“It may not be a lie, that’s what you’re seeing.”

That is precisely why the Japanese Prime Minister has summoned key figures from the political and business world to this meeting.

“We plan to bring the Jeong family out into the open. That’s because it’s a more advantageous battlefield for us.”

“you’re right!”

“To prevent the Jeong family from growing into a force that could threaten Japan in the future, we must accurately understand their strengths and limitations. In order to put a leash on them.”

“You are right!”

“Whether to bring the Jeong family to Japan’s side or to regard them as an enemy and crush them firmly. Action comes later.”

“That is a sound decision!”

Everyone shouted loudly in unison.

The Japanese Prime Minister nodded and looked around the room.

“In that sense, I plan to transfer the 7th mining area project rights according to the Korea-Japan Continental Shelf Agreement to the Jeong family.”

“yes?”

“It is a national project promoted by the Japanese government as part of efforts to diversify the energy industry structure.”

The conference room began to become noisy.

* * *

The Oval Office of the President of the White House.

“Really?”

The American president placed his clasped hands on the desk with an intrigued expression on his face.

On the neatly organized desk, a report was spread out neatly along with a table-top American flag.

The report was submitted to the CIA and the United States Department of State.

“The report by Ambassador to Korea James W. Bush has been confirmed as fact?”

“Yes, Your Majesty.”

The man who had been sitting in a relaxed posture crossed his legs and saluted.

“I’ll stake my position as CIA Director on this. It’s all true.”

“Thomas Mallon has been secretly providing military funds to the Soviet Union all this time. Does that make sense?”

The American president rubbed his throbbing temples.

“Gulf is a large American company with a long history and tradition. I wondered why they would do such a red thing.”

“As you mentioned in the report, it seems that the Soviet Union was offering oil and natural gas mining rights.”

“This stupid kid… … !”

The American president let out a long sigh.

‘Because they received too much political funds.’

They say that that scoundrel from the Malan family is still knocking on the White House door.

‘If shit splashes because of that guy, re-election is out of the question.’

This was the reason why the US President had not met with the Gulf President and treated him coldly.

“What about the suspicion that the Gulf States and the Soviet Union exchanged codes through broadcasts and the press under the pretext of Northcopgate? Has that also been proven to be true?”

“Not yet. We are currently checking.”

“Let’s completely block the press until the truth is known.”

“Yes, Your Majesty.”

“Hmm. Is it that Gulfsa has defected, or is it that Malan or that bastard’s problem?”

The President of the United States looked at the Director of the CIA.

“I would like you to personally attend Gulfsa’s extraordinary general meeting.”