The Magician’s Memorial - Chapter 182



Only Krnovel

Episode 182. joint speech (1)

KS Shipping CEO Song Gil-seop was summoned to the prosecution.

Because the investigation was in full swing, even the media could not tell what was being discussed, but I was able to find out more details through Captain Kang.

“The prosecution obtained a statement that CEO Song Gil-seop provided slush funds worth over 10 billion won to political circles during the presidential election.”

“I sprayed a lot.”

“Compared to the size of the slush fund, we haven’t used much. “The prosecution estimates that the size of KS Shipping’s slush fund exceeds 200 billion won.”

“I collected it steadily. After all, not everyone can become a chaebol. But unfortunately it happened. “I got caught before I could use the slush fund properly.”

There was a reason why the prosecution investigation proceeded quickly.

The opposition party, which is dissatisfied with the election results, even staged a hunger strike in the center of Yeouido and demanded an investigation into illegal presidential election funds.

“Are the opposition parties still conducting hunger strikes?”

“There was a briefing from the spokesperson that the hunger strike would continue until proper results were obtained.”

“When the results come out, I will stop the hunger strike even if it is because of shame.”

“You will hear people say that a dog with poop is scolding a dog with bran. “We found out through our prosecution line that the amount of illegal presidential election funds flowing into the opposition party was at least five times greater than that of the ruling party.”

Even if I really wanted to understand the political world, I couldn’t.

How can they make an issue of this when they themselves received illegal presidential election funding?

The political world was a place where people did not hesitate to urinate on frozen feet in order to immediately rally support.

“I think we should use this opportunity to give strength to our prosecutors. “Please hand over the evidence we have to them.”

“Can I hand over all the evidence related to Samjin Group and CL Group?”

“Wouldn’t that get you promoted at least one level? Also, please pass over all the photos taken of election funding through carjacking at the meeting square. “To become the protagonist of this case, you need a powerful blow.”

In a way that has never been done before.

Who would have imagined that slush funds would be delivered by loading large trucks with cash?

“I’ll pass it on right now. “A lot of names from our line will appear on next year’s promotion list.”

“Anyway, is there any word on when the investigation results will be announced?”

“They say they will make an interim announcement within this week at the latest. KS Shipping CEO Song Gil-seop is actively making statements, so there is a lot to announce.”

There is nothing more fun to watch than watching a fight.

In particular, the fight taking place in Yeouido was a pleasure to watch.

* * *

A few days later.

Politicians from the ruling and opposition parties had a confrontation in front of the National Assembly building.

Ruling party politicians gathered around the barracks of the opposition party where they were staging a hunger strike, and reporters hoping for a scoop were capturing the whole scene on camera.

I focused on watching the fight taking place in Yeouido in front of the TV.

The fight got so intense that it was a shame that there was no popcorn and cola.

“If you have any conscience, demolish the barracks immediately and apologize! People. “You have to have a conscience.”

“Hmm, but it’s true that you received money! “Why do you raise your voice when you received 2.5 billion won!”

“Yes, we received 2.5 billion won. But you said you received 10 billion won! There must be a degree to which a dog covered in poop is a dog covered in bran. What are you doing now after receiving four times as much? “We should be doing the hunger strike, not you!”

There was a lot of pointing, and even swearing was used.

Reporters took pictures and wrote articles with smiles on their faces.

“The investigation is not over yet, so we’ll have to wait and see who the dog with the poop is.”

“Just pay off the money and talk!” Is there any political party in the world that transports bundles of cash in a 2.5 ton truck? “Just change the name to Tea Tea Party!”

“Aren’t you saying too harshly? “We didn’t do anything well, but isn’t that the same for you?”

These were politicians who showed their ugly side by grabbing them by the collar.

If there was the slightest sense of shame, they should have lowered their heads rather than raised their voices, but they were doing their best to belittle each other, as if they thought that if they backed off now, they would all die.

“Stop turning off the TV. If you’re going to fight, at least throw your fists. “I just grab you by the collar and that’s the end.”

“The opposition party has become very ridiculous. “He attacked the ruling party without even thinking about his own situation and was hit back.”

“Well, it should be said that the ruling party and the opposition party are the same. Although there is a difference in the amount, the election was held in exchange for money. “This is why political hatred arises.”

There were certainly many respectable politicians in the political world.

However, I couldn’t like politics because most of the people who appeared in the media with loud voices were like that.

“As the Vice Chairman wants, all media and political circles are focusing on illegal election funds. “Thanks to this, no one is paying any attention to fintech.”

“If the political world had raised an issue, it could have gotten into trouble, but I’m glad.”

We started a fintech project in line with the illegal election funding crisis.

PayPal functionality was added to CocoaTalk to enable simple payment services and easy remittances.

Until now, these were tasks that were only possible in banks.

Now, an era has arrived where anyone who uses a smartphone and installs the CocoaTalk app can easily perform banking transactions from the palm of their hand.

“Due to the Separation of Finance and Industry Act, Korea Exchange Bank is primarily operating Cocoa Bank as its majority shareholder. However, once the problem is resolved, we plan to gradually transfer our shares to Taewo Group.”

“There are more than one problem due to the Separation of Finance and Industry Act. There are so many regulations in such a small area of ​​land. “How much would I appreciate it if you could resolve the regulatory issue while we are fighting by the neck in Yeouido?”

“However, we have to create a special clause in the Separation of Finance and Industry Act before we can bring in Cocoa Bank shares.”

In the end, it meant that help from the political world was needed.

However, there was no intention to solve the problem by spending money on politicians like before.

“Politicians ultimately want votes. “If the majority of the people want it, we have no choice but to enact an Internet-specific banking law.”

“And the nickname of the president elected this time is the Internet President. “He was elected with the support of the younger generation who mainly use IT devices, so I think it will be difficult for him to oppose the Internet-only banking law.”

Smartphones appeared a few years early.

Therefore, it was right that the trend of fintech was also accelerated.

In addition, various projects through CocoaTalk had already been planned.

“Other services should be launched one after another, but it seems like there will be an uproar in the political world because it is an octopus-style expansion.”

“In the case of fintech, it is a fight against large corporations such as banks, but in the case of delivery and taxis, it is a fight against small and medium-sized businesses, so there are many loopholes for the political world to sneak in.”

Before returning, CocoaTalk had entered into a wide variety of fields.

Finance, securities, games, delivery, quick service, taxi, valet, parking, and even hair salons.

This was a possible business expansion because CocoaTalk was a startup.

If the Taew Group, already a large corporation, entered into such a business, the political world would never stand still, and it would not be easy to get public opinion on our side.

“Profits will inevitably increase as you expand your business, but you cannot avoid a decline in your image.”

“However, if such business is handed over to a competitor, CocoaTalk’s competitiveness may decline.”

This was the problem.

We need to make it possible to do anything just by connecting to CocoaTalk, but more people will use CocoaTalk.

However, if a large company like Taewoo Group entered the taxi and delivery business, it would be criticized for infringing on local commercial space.

“I guess I’ll have to pass that problem over to CEO Lim Jae-beom. If Taewo Group does it, it will be a problem, but if a startup does it, there will be no problem. “If we only collect a very small fee, the political world will not have an issue with it.”

“Are you saying that you are handing over all of the business plans you have conceived to CEO Jae-beom Lim? “These are businesses that can make trillions of won every year even if you don’t do it.”

But what can you do?

If you are too greedy, your crotch will tear.

If they dominated the domestic market too much, they would be criticized.

In the case of automobiles and semiconductors, no one can touch them because they earn a huge amount of foreign currency through exports, but this is not the case with businesses for the domestic market.

“Support CEO Lim Jae-beom to create a company that is completely separate from Taewoo Group. “We only use CocoaTalk and Bank, sharing them with Taewoo Group.”

“What do you plan to do with the shareholding structure of the new company that CEO Jae-beom Lim will create?”

“Just secure about 25% for us. Only then can we avoid being accused of infringing on management rights.”

“We will proceed immediately.”

“And please provide as much investment as CEO Lim Jae-beom wants. “If you just sell commissions, you will be able to recoup your investment within a few years.”

While Yeouido was changed to Ring.

We began to actively expand our business, avoiding their attention.

I hoped they would fight for a long time and even planned to add firewood from time to time.

* * *

next day.

I went to work at Taewo IT early in the morning.

To be exact, it was the Facebook Korean branch building right next to Taewoo IT, and the purpose was to meet CEO Seo Kwang-soo.

“You’ve lost a lot of weight. If I met you on the street, I wouldn’t recognize you. “Are you eating properly?”

“I’m full even without eating. “Just seeing KS Telecommunications and Sayworld collapse makes me feel full.”

It was Seo Gwang-soo, the head of the corporation who had lost some weight.

But his face couldn’t just be seen as bad.

His eyes were more intense than before, and there was a smile on his lips.

“Sayworld’s market share has dropped significantly.”

“I don’t think I should do stocks. “I check Sayworld’s occupancy rate more than 20 times a day.”

“I guess I shouldn’t do stocks. “If you need money, let me know and I will open a fund account at Taewoo Securities.”

“Honestly, I don’t even need that much money right now. “I just want to end Sayworld with my own hands.”

It was CEO Seo Gwang-soo, whose anger had not yet subsided.

Although Sayworld was created with his own hands, he was the one who wanted Sayworld’s downfall more than anyone else.

“There really isn’t much left now. “Now that the Korean version of Facebook has been released, people are switching from Sayworld to Facebook at a rapid pace.”

“It doesn’t suit me. “I wanted to finish it within this year, but it looks like it will be delayed until next year.”

“ah! Let me tell you some good news. “CEO Seo Gwang-soo, his senior, said he was being kicked out of KS Telecommunications.”

“Is that bastard Park Dong-hee getting kicked out?!”

It was Seo Kwang-soo, the head of the corporation, who was in the mood for a ceremony.

The reaction came because Vice President Park Dong-hee was the reason Sayworld was handed over to KS Group at a low price.

“They said they invested excessively to save Sayworld. “They caused enormous damage, so they must be held accountable.”

“I don’t think I’ll have nightmares anymore. “If the Sayworld site is closed, we can resume our daily lives.”

“There isn’t much left now. Please try a little harder.”

KS Group was facing a series of bad news.

The fall of Sayworld and slush funds and illegal election funds.

In fact, I had something to do with all of this, and it also happened because KS Group touched us first.

Then why did you touch me first?

If I had just stayed quiet, this wouldn’t have happened.