The Magician’s Memorial - Chapter 21
Only Krnovel
Episode 21. Audit Team (1)
Chairman Kim Tae-joong called the chief secretary.
Director Kim knew full well what he was being called for, so he bowed his head and entered, but instead of yelling, a sigh was heard first.
“Ugh, what is that guy trying to do with that? Factory Manager Seo Woo-tae is not the kind of person to go like that.”
“It looks like you’ve prepared yourself well.”
Director Kim had already reported related matters to Chairman Kim.
Although he kept quiet about the bar riot, he told the story in detail that Kim Min-jae was trying to get rid of factory manager Seo Woo-tae, and Chairman Kim tacitly agreed.
“It’s only been a few days since the factory manager was together, so the resentment has built up to the point of holding a press conference?”
“You really value Taewoo Group. I was very angry at Seo, the factory manager, who was using the Taewoo Group for personal gain. “I think my emotions got stronger because it was my first time working at the company.”
“Tsk tsk, you’re still young. “There are things you know but have to turn a blind eye to.”
“But the factory manager Seo crossed the line. Didn’t he try to embezzle funds by starting a company?”
“Then we should have handled it quietly using the audit team.”
No business owner likes having their company name mentioned in the media.
In extreme cases, there were even extreme people who tried to hide things that were helpful to the company.
Chairman Kim Tae-joong did not like the media very much, like other business owners, although it was not to that extent.
“I need to hear directly what Minjae is thinking.”
“I will tell you to come up to Seoul right away.”
“And please put appropriate pressure on the media to prevent the incident from becoming too big.”
“The topic is so hot because you held a press conference yourself. “We may not be able to prevent everything from appearing in the newspaper, but we will take steps to ensure that it appears in a less conspicuous place.”
“Let it be so. How can you possibly succeed the Taewo Group by running wild like a thunderbolt? “Tsk, tsk.”
Chairman Kim Tae-joong never worried about his grandchildren.
I never would have thought that my grandson, who graduated from college early and immediately joined Taewoo Group, would cause such a problem.
* * *
I received a call from the chief secretary on the train.
When the news came out, I expected my grandfather to look for me, so I got on the train and was on my way.
When I arrived at Seoul Station, the car sent by the secretary’s office was waiting.
Like a criminal being taken to the police station, he was taken to Taewo’s headquarters and stood in front of his grandfather.
“What on earth happened? “Let’s hear about the reason why you have to do this.”
“I just reported a thief in my house. “We have also taken some steps to ensure that thieves receive clear punishment.”
“Does that make any sense? And when you touch the rice cake, your hands are bound to get covered in bean paste.”
“If I had just dipped it in soybean water, I wouldn’t have done it this way. “They were stealing and eating rice cakes, not bean paste.”
Grandfather’s face turned red.
This was the first time in my life that I had seen my grandfather this angry in front of me.
“Okay, let’s say there’s a thief like you said. Then, all you have to do is mobilize an audit team to handle it. Are you aware of the negative impact it will have on the group if news like this comes out in the media?”
“It’s one step back to take two steps forward. “It may have a negative impact right now, but it is something that must be done for the future of Taewo Group.”
“Tsk, tsk, the person who will inherit Taewoo Group is so narrow-minded. “When running a company, you also need to have the mindset that ‘good is good.’”
Something stirred in my chest.
What is good is good?
It is no exaggeration to say that the Taewo Group collapsed because of these words.
When those words came out of my grandfather’s mouth, I remembered the resentment from my past life.
“Such practices are a company management method that only worked during the military regime. “This cannot happen to Taewo Group, which is racing toward globalization.”
“I know how you feel, but there are some things that cannot be helped in order to run a company smoothly.”
It doesn’t work because I’m angry, so should I try to appease him this time?
My grandfather’s tone of voice changed quite a bit, and he continued speaking with a gentle smile.
“Of course, I am not saying that the factory manager did a good job. However, you went too far by holding a press conference and handing it over to the police. Isn’t he someone who has worked hard for the group’s development for decades? “It doesn’t look good to other executives either.”
“If you haven’t committed any corruption, there is no reason for other executives to feel bad.”
“When you work for a company, you are bound to engage in some corruption, no matter how big or small. But you can’t kick them all out, right?”
“I may not be able to kick them all out, but if they cross the line, I will slit their heads. “Whether it is one person or dozens of people, such people should not be in the Taewo Group.”
Grandfather let out a sigh.
“Ha, are you trying to be a bitch? “I want you to take over the Taewoo Group and develop it well, but I don’t want you to become a mess.”
“My grandfather is the founder of Taewoo Group. If you compare it to Joseon, it would be King Taejo Lee Seong-gye. And my father, who passed away at an early age, should have become Lee Bang-won and broken off the Taewoo Group’s practices. But he passed away before he could do that.”
“So you’re saying you want to become Lee Bang-won?”
“For the sake of the development of Taewoo Group, I can do worse things than be a fool.”
I gritted my teeth.
With the sole intention of reviving the Taewoo Group, he endured 20 years in his previous life and 5 years after his return.
My grandfather sighed again when he saw me bearing 25 years of resentment.
“Ha, you mean to purge public servants like Lee Bang-won did?”
“We are not purging people because they are public figures. The purpose is to cut out the rotten things. If there is a rotten person among the public servants, we will just cut them out together.”
“… … “What are you going to do if this allotment is opposed to the end?”
“Then I will drop everything and meekly withdraw.”
“What does that mean?”
“I will stop paying attention to Taewoo Group. And just like my grandfather created Taewoo Group, I will create my own company. “I don’t want to run a company that makes me feel rotten.”
bang.
Did I speak too harshly?
The grandfather pounded the desk hard, unusual for his old age.
“Is it so easy to say that you will abandon Taewoo Group? “All the benefits you have received so far have come from Taewoo Group.”
“So, I wanted to join Taewo Group as soon as possible and start working. But since they said they didn’t need me, I had no choice but to come out.”
“If that happens, I will cut off all support going forward.”
There’s something we always hear when the second generation of a chaebol gets into an accident.
‘Cut off support.’
But there’s no way that kind of threat would work on me.
It was not because I owned an investment company that made trillions of dollars, but because I was different from other second-generation chaebols.
“Grandfather, when have I ever been extravagant? Of course, when I was in college, I lived off the house and pocket money my grandfather helped me with, and I am grateful for that. But I have never been extravagant or enjoyed entertainment.”
“… … So you’re saying it doesn’t matter if we cut off support?”
“It may sound like I’m bragging when I say this, but some investment companies on Wall Street have promised annual salaries worth 1 billion won. My grandfather founded Taewoong Group with 5 million won, and I am confident in doing the same. “If you work on Wall Street for just two years, you can lay the foundation without anyone’s help.”
Threats after threats.
Since he threatened to cut off support, I used my confidence that I could succeed even if I cut off ties with my grandfather as a tool of intimidation.
“So you’re willing to abandon the Taewoo Group?”
“Would there be a problem if public figures were promoted as professional managers?”
“You damn bastard! Do you really want to see it through to the end? Just say ‘I’m sorry. I’ll do well.’ “This is what will happen!”
“Grandpa, I love you more than anyone else and care about Taewoo Group. But how can you just sit by and watch the parasite that uses the Taewo Group as its host?”
I spoke passionately.
As I spoke with the feeling of literally coughing up blood, my grandfather took a step back.
“So what do you want to do?”
“Please send this to the head of the group audit team. “I will cut out all the rotten things.”
“good night. I will send it to the head of the group audit team. This is the position of vice president of an affiliate company. Please try it however you like. Instead, please never say that you will abandon Taewoo Group again. “If you promise me this, I won’t stop you.”
“Why would I abandon Taewoo Group? “It’s a place my grandfather created.”
“You bastard! It won’t be easy at all. “No matter how much you are my grandson, just know that the power of public servants is much stronger than you think.”
“I will improve the constitution of Taewoo Group. “So that my grandfather can focus on globalization and not worry internally.”
“Taewoo Group is going to be very noisy.”
Wrinkles increased on grandfather’s forehead.
I felt sorry, but I didn’t stop because if the group collapses due to the foreign exchange crisis, it doesn’t end with wrinkles appearing.
* * *
Suite room at a hotel near Seoul Station.
Team leader Han Jeong-hoon was waiting for me with a large bundle of contracts.
“In addition, we have signed an agreement with a Japanese bank. “If derivatives were triggered, a few banks could collapse.”
“At least you won’t suffer any losses.”
“ah! I enjoyed seeing it on the news. As expected, you did it with enthusiasm, as expected from a representative.”
“Did you see it? “I did a show once.”
One of the few people I trust is Team Leader Han Jeong-hoon.
Since I am in charge of an investment company, I should call him president rather than team leader, but one team leader stuck to it.
“But is there a reason you have to be so obsessed with Taewoo Group’s work? Of course, Taewo Group is a large group, but there is no shortage of investment companies owned by the CEO.”
“What can I do? Taewoo Group is a company founded by my grandfather. “The only way to fix it and use it is to cut it up.”
“So are you planning to start a war with public servants?”
“I’ve waged war against the country with the Quantum Fund, so what’s the big deal about fighting a few public figures?”
My grandfather’s words come to mind.
I said that the power of public servants would be stronger than I thought.
But when it comes to hidden power, I am by no means lacking.
“There will be a bloody storm for Taewoo Group.”
“What about the one bleeding?”
“Of course they are public figures. “How would they know that you are wearing armor made of bundles of money and a sword made of bundles of money?”
“If you don’t know, you should be right.”
“I feel like I want to do the same. “I’m so jealous that you’re doing such fun work on your own.”
Team leader Han licked his lips as if he was truly disappointed.
Well, he was once a member of Taewoo Securities, so how fun would it be to cut off the heads of executives who were his superiors?
As a sign of encouragement, I put a can of beer in the hand of a team leader.
After making a light toast, I drank a cold beer.
That moment.
Ji-ing! Ji-ing!
Texts and calls poured into a team leader’s and my cell phone, and I instinctively turned on the TV.
It was time for a drama to begin, but the drama had stopped and breaking news was in progress.
[The Great Kobe Earthquake occurred. Magnitude 7.3]