Tokyo Barrister: Start the law firm bankruptcy

Chapter 699: Kitahara and Hanzawa: Confrontation!

"So, what is the on-site inspection of the Financial Services Agency today?" Hanzawa said.

In the office lobby of the head office, the people from the second sales department, led by Hanzawa, stood opposite to the people from the Financial Services Agency, including Kurosaki and Kitahara. The tense atmosphere in the office lobby seemed to be everywhere. In other parts of the lobby, from time to time, the sound of the Financial Services Agency inspectors demanding that the printer be brought in quickly could be heard.

"We have received your regulatory letter regarding the Yoshizawa Trust Project. However, there is still some time before the deadline for submitting the documents. What information are you here to collect today?" Hanzawa continued.

Hanzawa's idea was to first find out what kind of materials the Financial Services Agency wanted today.

In this way, we can initially identify the focus of the Financial Services Agency's investigation.

Then, respond based on the envisioned investigation focus.

Kitahara took out a form and said, "Please prepare according to the information above."

Hanzawa took the information form.

He glanced.

Although there is a lot of information listed on the form, it is all basic information.

For example, the project introduction document.

Yoshizawa Trust's company profile archive.

The list of bank personnel involved in the trust project, etc.

For such basic information, a large-scale on-site inspection is carried out? !

At this time, Hanzawa still didn't know that the key to this data sheet was the list of bank personnel participating in the trust project. The real purpose of the Financial Services Agency's visit was to immediately talk to the bank personnel after obtaining the list, in order to catch them off guard.

"What if we can't prepare today? After all, time is a bit tight." Hanzawa looked at Kitahara.

"Then we will continue to be here until you provide it," Kitahara said.

This young male lawyer spoke extremely strong words in a calm tone.

At this time, more than half of the counters in the head office's business department stopped service.

Many personnel were temporarily transferred here to deal with the on-site inspection by the Financial Services Department.

The normal operation of the bank was greatly affected.

You know, this is the head office.

The clients we receive are all large enterprises.

The longer the Financial Services Agency's on-site inspection is delayed, the greater the negative impact will be.

"We can only try our best." Hanze knew that it was not time to confront the Financial Services Department. Then, Hanze planned to leave the office hall and discuss with the people in the Second Sales Department how to deal with the list of information provided by the Financial Services Department.

However, in the next second——

Kitahara's voice sounded:

"correct."

"What's wrong?" Hanzawa turned around.

"From the beginning, we never said that we came here today just for the Yoshizawa Trust project." Kitahara said with a smile.

The lawyer took out another form:

"During this Financial Services Agency inspection, in addition to the Yoshizawa Trust Project issue, we suspect that the Tokyo Central Bank has the following eight major problems in its operations. They are -"

“Loan risk classification is inaccurate.”

“The loan was entrusted for payment but was not approved according to the review conditions.”

“Off-site data reporting is inaccurate.”

“Audit staffing is inadequate.”

“Uniform credit management does not meet the requirements.”

“The management of related-party loans is not in compliance with regulations.”

"The 'three checks' on M&A loans were a failure."

“The credit approval conditions were not strictly implemented.”

"Regarding the above issues, the Financial Services Department has conducted a random inspection of your bank and selected 120 loan projects for verification."

After hearing this, Hanzawa was stunned. The lawyer in front of him actually raised the so-called eight compliance issues of the Tokyo Central Bank and requested to select 120 loan projects for inspection.

This is an unprecedented level of inspection!

This is too much work!

Hanze took a deep breath inwardly.

He really wanted to open his mouth to refute the male lawyer in front of him.

However, now is the time for the FSA to have the upper hand.

Hanzawa knew that there was no room for bargaining with the other party, so he could only nod, then turned around and began to explain the work.

……

……

……

"What should we do! Deputy Minister Hanzawa!" a subordinate asked anxiously.

There were about twenty people in the Second Sales Department where Hanzawa worked, all crowded in a remote office, asking the deputy minister for help on how to deal with the inspection by the Financial Services Agency.

"Now they actually require so many items to be checked at once! It's unbelievable!"

"They are here to cause trouble."

“The FSA’s suspicions are completely unfounded.”

In the office, the subordinates were talking to each other.

At this time, Banze also fell into deep thought.

What is the intention of the Financial Services Department coming here today?

Hanzawa said, "They asked to take out 120 of our loan projects, probably just to disperse our manpower. Their main target is probably still Yoshizawa Trust."

This is Hanzawa's judgment.

Then, the deputy director of the second sales department picked up the list of information about Yoshizawa Trust given by Kitahara. It contained some ordinary information.

What kind of documentary evidence does the Financial Services Agency want?

Hanzawa couldn't understand it at all.

At this time, outside the office, many bank employees were being ordered around by prosecutors from the Financial Services Department, and they would be severely scolded if they did anything that was not to their satisfaction.

The chaotic scene outside further increased the pressure in the office.

Hanzawa shook his head again.

He felt that if he continued thinking like this, he would reach a dead end in the maze.

This time, the Financial Services Agency's investigation is very different from previous ones.

That’s where this Kitahara lawyer got involved.

Hanzawa felt that this lawyer Kitahara had brought extremely huge changes to this Financial Services Agency inspection.

We absolutely cannot deal with it according to the previous thinking.

Hanzawa looked at the list of information in his hand again.

Suddenly a bold idea popped into my mind.

What if the Financial Services Agency’s target this time is not documentary evidence but people?

One of the items required in the list of materials is the list of bank participants of Yoshizawa Trust. Is it possible that the Financial Services Agency will question these people on the spot after obtaining the list? !

If that's the case, that's bad!

Thinking of this possibility, Hanze couldn't help but break out in a cold sweat.

The third group of the second sales department is in charge of Yoshizawa Trust.

There are a total of six people involved, namely: Keiji Oshima, Tomoshin Yasukawa, Hazuki Mihashi, Yuichi Kijima, Yoshiko Ota, and Natsumi Uchimura.

I am the overall person in charge of this project.

According to the thinking of regulatory agencies, the general approach is to break through the people below first, and then finally break through oneself.

Hanzawa immediately stood up and glanced out through the glass at the office door.

"What's wrong? Vice Minister Hanzawa?" asked a subordinate.

"How many meeting rooms have they requested today?"

"Seven."

Hanzawa thought about it. Of the seven meeting rooms, one was reserved for the Financial Services Agency itself, and the remaining six were used for the on-site interrogation of Oshima, Yasukawa, Mihashi, Kijima, Ota, and Uchimura.

Just right!

The number of conference rooms used by the Financial Services Agency further supports my judgment.

Hanzawa immediately said, "Oshima, Yasukawa, Mihashi, Kijima, Oota, and Uchimura, the six of you stay here! I have something to tell you. Everyone else, get out first."

Hanzawa then gave the six people detailed guidance on how to respond to possible conversations with the Financial Services Agency.

When the six subordinates first heard that they might be questioned by the Financial Services Agency today, they were surprised and couldn't believe it. They were still wondering if Hanzawa was worrying too much.

However, seeing Hanzawa's extremely serious expression, they had no choice but to listen carefully.

Hanze's nerves were already highly tense.

If the Financial Services Agency succeeds in breaking through the bank employees today, then this war will end in failure without any chance of recovery.

Hanzawa talked to each of them and gave them instructions, telling them how the Financial Services Agency would normally ask questions, how to avoid traps in the questions, which questions should be answered directly and which questions should not be answered, in what circumstances they could tell the truth and in what circumstances they should insist on saying they did not know.

Very tight schedule.

However, Hanzawa even conducted one-on-one mock interviews with these six employees.

All this is done just to be absolutely sure.

Soon, the bank's business hours were over.

At around six o'clock in the evening, the basic information on Yoshizawa Trust required by the Financial Services Agency and the list of bank personnel participating in the project were ready.

Hanzawa held the materials in his hand, took a deep breath, came to the office lobby, and stood in front of the lawyer Kitahara.

"This is the information of Yoshizawa Trust, please check it."

At this time, Oshima, Yasukawa, Mihashi, Kijima, Ota, and Uchimura, a total of six people from the second sales department, also stood nearby with Hanzawa. These employees also looked nervous and were ready to be called in for questioning by the Financial Services Agency at any time.

People from all banks are on high alert.

Kitahara took the information from Hanzawa and began to flip through it.

After dozens of seconds, the lawyer turned to the page with the personnel list.

Then, it stopped.

At the moment of stopping, the hearts of the bank staff present almost jumped out of their throats.

Especially Oshima, Yasukawa, Mihashi, Kijima, Ota, and Uchimura, these six people. Some of them were so nervous that they were sweating, and some of them had shaking hands.

Kitahara took the list and looked at Hanzawa:

"Are these people from your Second Sales Department?"

"Yes. They are from the second department, the third group. There are six people in total participating in this trust project."

"How many people are there in the third group?"

"Eleven."

At this time, Hanzawa was absolutely sure that the Financial Services Agency was planning to conduct a surprise interrogation of the people on the list. This surprise interrogation strategy must have been suggested to the Financial Services Agency by this lawyer Kitahara. The way this lawyer Kitahara acted was really ruthless, which was completely inconsistent with his young appearance.

Fortunately, I was able to use the daytime to provide conversation training to the six people who participated in the Yoshizawa Trust project.

Otherwise, if we were caught by the Financial Services Department today, we would be finished.

The next second, Kitahara's voice was heard:

"Please call over the other five people who are not on this list. We at the Financial Services Department are going to have an on-site interview with these five people now."

(End of this chapter)