Tokyo Barrister: Start the law firm bankruptcy

Chapter 735: Pay Back a Thousand Times

"So, the so-called acting president can suspend people at will as soon as he takes office!" Hanzawa said angrily.

As soon as Hanze said this, almost all the staff in the office hall changed their expressions.

You know, Acting President Shirai was standing not far away. He could definitely hear the volume. It was crazy to offend the newly appointed Acting President.

Only someone who has completely given up on their career would do this.

This is self-destructive.

Yamato was stunned for a moment. He didn't expect that Hanzawa would dare to directly target the president. However, when he heard Hanzawa targeting the president, Yamato was secretly delighted. The reason was simple. The more Hanzawa fought against Shirai, the more he would die. He was happy to see this.

"You mean, you want to question the president?!" Yamato raised his voice.

At this moment, Shirai, who had been behind, couldn't help himself anymore.

As the newly appointed acting president, now is the time to establish his authority. The deputy director of the second business department actually defied authority so openly. This is unforgivable!

No one in power will tolerate any behavior from those below them.

Shirai took a step forward.

When the acting president also walked to Hanzawa's desk, the atmosphere at the scene reached an unprecedented peak. Almost all the onlookers felt nervous, as if they had become the deputy minister who dared to challenge the acting president's authority.

This deputy minister had offended Yamato before.

Now he has even offended the acting president.

This is simply unimaginable in a bank where personnel are above all else.

Shirai looked at Hanzawa, maintaining the arrogance of a superior, "You think the suspension is without reason?! Very well, I will tell you the reason right now!"

Shirai gestured to a human resources director beside him.

The director of the personnel department immediately stepped forward and announced: "After an internal inspection, our bank found that many specific subsidized loans from the Second Business Department of the Tokyo Central Bank were converted into time deposits after being issued, and were not put into actual production plans. This is different from the pre-use plan of the loan and has constituted a violation! Deputy Minister Hanzawa must be held accountable for this!!!"

The so-called specific subsidized loans can be tentatively understood as policy-based loans.

Generally, local municipalities ask banks to lend money to related enterprises in order to encourage certain production activities. For example, if the municipality wants to subsidize the electronic chip industry, it may ask banks to issue targeted loans to certain electronic chip enterprises.

When everyone heard about the specific subsidized loans, they immediately became even more nervous.

Certain subsidized loans have always been a hot potato within banks.

The reason is simple: if a production activity requires encouragement from the city hall, it is likely to be an unprofitable enterprise. And loans granted to such enterprises often result in bad debts.

However, specific subsidized loan issuance targets must be met.

Therefore, specific subsidized loans have become the most difficult assessment to complete within the bank.

If you don’t distribute enough and fail to meet the target, you will fail.

If you pay out enough but the bad debt rate is high, you will still fail.

Many bank executives were demoted because of problems with the assessment of specific subsidized loans. Within banks, the assessment of this special loan project is often used as a means of personnel struggle.

Now, since the newly appointed acting president wants to suspend Hanzawa under this pretext, it is enough to show how determined the acting president is and he is determined to get rid of Hanzawa.

"Wait!" Hanzawa said, "This reason is totally unrealistic! If the company that receives the loan does not have a feasible production plan, then transferring the loan to a bank's time deposit will also be beneficial to the company! First, it can avoid losses caused by unwise operations, and second, it can help reduce the burden of loan interest!"

"Not using the loan according to plan is a violation!!!" the HR director shouted, "Don't make excuses anymore!!!"

Hanze gritted his teeth, anger rising in his heart.

However, there was no way to vent it at this moment.

The current evidence was not enough to accuse Shirai and Eriko of collusion. Otherwise, he really wanted to throw the clues he had found in the face of the acting president.

"You are afraid that I will investigate Yoshizawa Trust, right?" Hanzawa suppressed his anger and went straight to the point, "So, your appointment as acting president is like stopping the investigation of candidates in a hurry."

When Shirai heard this, he immediately became embarrassed. "What do you mean by this? Are you suspecting that I am interfering with the investigation process with my power? You have no evidence to support your claims! This is slander!"

At this moment, Shirai discovered that many people in the Second Sales Department were also looking at him with hatred.

Hanzawa is a good vice minister after all.

Many people in the Second Sales Department still support Hanzawa very much.

If that's the case, don't blame me for being rude, Shirai thought to himself. Then he signaled the head of the human resources department again.

The director of the Human Resources Department understood what he meant, and then announced: "In addition to Vice Minister Hanzawa, the following people also need to be suspended..."

The director read out nearly 20 names in one breath.

These are all subordinates who have a close relationship with Hanzawa.

Everyone in the office hall was terrified. A massive purge was happening right before their eyes!

"What are you doing!!" Hanzawa shouted, "If you, the acting president, have any problem with me, you can suspend me. Why do you also suspend other unrelated people?! You suspended the positions of more than 20 people at once. How are you going to run the second sales department? How are you going to explain to the customers?!"

"You illegal borers!" Shirai shouted, "You even make these non-compliant moves in the project assessment of specific subsidized loans, how can we expect you to be law-abiding?! Don't think that the bank will not move away if you leave!! There are people who are here to take your place!!"

The curse fell.

However, there was no response from Hanzawa.

Everyone looked over, and the moment they saw Hanze, they were all suddenly shocked.

The deputy director of the second sales department stood there, revealing an unprecedentedly fierce look, like a cruel warrior who took people's heads in a rainstorm. Only his voice was heard saying:

"Acting President Shirai. I accept your suspension. But don't forget that Yamato just said that the bank did not terminate my position as an investigator in the Yoshizawa Trust case. I hope you remember today. Remember this scene today. You used your power arbitrarily to suspend so many people for your own selfish reasons, regardless of the situation of the bank."

"you!"

"most!"

"it is good!"

"and!"

"lucky!"

"Ze!"

"letter!"

"Thank you!"

"none!"

"close!"

Hanzawa said these words one by one with a somewhat ferocious expression, "If, Acting President Shirai, I find that you are involved in the operation of false financial statements. Then, regarding what happened today——"

"I shall--"

"Pay it back a thousand-fold!"

(End of this chapter)