Tokyo Barrister: Start the law firm bankruptcy

Chapter 723 Yoshizawa Trust

"Okay! Okay! I have to go back!" After enjoying his afternoon tea, Jingcun waved his hand and then got up and left.

This old employee of the service department has always been willing to spend time on himself. Today, he made an exception and came down to chat with these two young people about his past as a senior executive of the bank.

Watari wanted to stop Imura and ask him to talk more, but unfortunately he failed.

The two of them could only watch Imura's back as he disappeared.

"Hanzawa, what are you going to do now?" said Watari.

After listening to Imura's story just now, Hanzawa also had some preliminary ideas.

There is something strange about the Yoshizawa Trust project. It might really be a revenge plan of the former industrial faction against the former Tokyo faction.

Recalling that at the previous board meeting, President Nakano said that he had nothing to do with the Yoshizawa project, this seems understandable.

If we imagine that the Yoshizawa Trust was a frame-up of the president by the former industry faction, then this would seem to explain President Nakano's reaction.

"I'm a little concerned about that girl named Eriko." Hanzawa said.

"No way! Hanzawa! Although Imura is an old member of the service department, his words may not be reliable. Do you really believe his weird stories about Eriko and the revenge plan of the original industry faction?!" Watari Mari couldn't help but say.

Watari believed what Imura had said earlier about the factional struggle within the Tokyo Central Bank.

But when it comes to Eriko and revenge, it seems like groundless guesses and conjectures to Watari.

Hanzawa shook his head and said, "I don't think the Yoshizawa Trust incident is that simple."

The deputy director of the sales department had his reasons for making this judgment.

He asked a friend he knew well to find out why the Financial Services Agency discovered problems with the Yoshizawa Trust project this time.

The response received was actually a mysterious letter of complaint, reporting that Yoshizawa Trust assisted the Tokyo Central Bank in false financial reporting operations.

This way, it becomes very interesting.

It is obviously impossible for outsiders to know such secretive things.

This must be an internal report.

Either he is an insider of Yoshizawa Trust or an insider of Tokyo Central Bank.

Considering the intensity of the current factional struggles in banks, it is possible that someone from the original industry faction made the report.

"Hanzawa!" Watari said, "How can you have so much time to track down Eriko now? There are only two weeks left, and the deadline is coming! Can investigating a person who has left the bank for more than ten years help the current case?"

Watari has always been a pragmatic person.

Getting to the bottom of things has never been a pragmatic approach.

Because no one cares about the truth.

What matters most is interests and relationships.

"I spent the whole night reading about Yoshizawa Trust," Hanzawa said. "The business relationship between Yoshizawa Trust and the Tokyo Central Bank is more complicated and entangled than I thought. There must be something more complicated behind this."

"Precisely because it's not simple, you shouldn't waste your time investigating." Watari Mamoru advised kindly.

He really didn't want to see Hanzawa wasting his precious time on "tracing the truth" at this time.

The truth has never been needed in personnel decisions at banks.

"I will arrange for my trusted subordinates to investigate the relationship between Shirai and Eriko," Hanzawa said. "It's in the bank archives on the outskirts of the city. There should be project information from Eriko's time there. If we really spend some time looking it up, I believe we should be able to find out the past connection between Shirai and Eriko very quickly."

"On my side, I will track down Yoshizawa Trust. If we split our forces into two groups, I believe we should be able to get some preliminary results in the near future."

"Hanzawa, you are such a naive guy." Seeing that his persuasion to Hanzawa was unsuccessful, Watari had to give up. He knew that once this friend made up his mind to do something, he would not change his mind. He could only wish Hanzawa good luck.

To be honest, although Watari is pragmatic, he also hopes that there will be more people like Hanzawa in the bank.

"I am very grateful to you." Hanzawa said.

Soon, the two parted in the cafe...

……

……

Hanzawa returned to the second sales department, briefly explained the daily affairs, and then went downstairs. This afternoon, he was going to Yoshizawa Trust to find out what was going on.

I arrived at the underground parking lot of the head office, pressed the car key, and got in the car.

Hanzawa placed a stack of documents on the passenger seat.

After reading through the documents all night yesterday, he felt based on his banker's intuition that there must be more problematic items at Yoshizawa Trust than just "false reporting on the balance sheet".

Soon, he discovered problems at another project of the Tokyo Central Bank and Yoshizawa Trust.

It was originally a project to invest in coal mining.

However, Hanze traced the project documents and found that the bank funds did not flow to the coal project, but to a commercial real estate investment plan.

In recent years, the Financial Services Department has been very strict on banks' investments in real estate.

Because land and housing prices in Tokyo have risen very rapidly, many banks are making rolling loans.

That is, using land and real estate as collateral in exchange for a loan.

The loan can be used to buy land and real estate.

Repeat this cycle, with your left foot stepping on your right foot.

The Financial Services Agency is very wary of this type of loans that are transferred from one hand to the other, and it is often the focus of inspections.

However, banks are also unwilling to let go of the hot real estate market. Therefore, a method of evading supervision has emerged, which is to invest in projects A, B, C, and D in the name of investment, but in fact, all the money from these projects eventually flows into real estate.

This is the case with Yoshizawa Trust's coal mine project.

The money lent out by the banks eventually flowed into commercial real estate in Tokyo.

Hanzawa even read the information specially.

The funds went to a project called Aobadai Apartments.

Hanzawa had an impression of this apartment. Previously, it was a property sought after by many celebrities in Tokyo. In particular, the way it held the property rights through an overseas trust was a refreshing operation.

However, the funds that were supposed to be used to invest in coal mines flowed into the Aobadai Apartment Project.

This is a violation.

Hanzawa carefully read the bank's project information. The Tokyo Central Bank has done a good job and will not be implicated. According to these evidence materials, it is possible to put all the blame on Yoshizawa Trust, saying that they changed the use of funds privately.

Hanzawa decided to go to Yoshizawa Trust and use this illegal project to pry open their mouth.

After thinking about the strategy, Hanze did not hesitate too much.

He immediately started the car, stepped on the accelerator, and headed towards Yoshizawa Trust.

(End of this chapter)