Tokyo Barrister: Start the law firm bankruptcy

Chapter 740 Blind Spot

Watari Masato got up from the ground. He couldn't believe what was happening before his eyes. This was the consultant lawyer of the Financial Services Agency! ! He actually brought him into the bank! ! ! If this were to be spread out, it would be a strange story in the banking industry! !

Invite personnel from regulatory agencies into the bank.

This is inviting a wolf into the flock of sheep.

Not to mention giving access to the internal system to this ruthless lawyer in front of him? !

"Hanzawa...Hanzawa...you...you!" Watari was so scared that he was speechless.

Watari pulled Hanzawa aside and said in a low voice, "Hanzawa! Are you crazy? Why are you teaming up with the Financial Services Agency?!"

"I believe in this lawyer Kitahara." Hanzawa said firmly.

"Believe? Oh my God, do you want to turn the tables by placing your bet on this lawyer?!"

"Yes, I'm placing all my bets on this lawyer Kitahara." Hanzawa looked at Kitahara in the office.

"Crazy, really crazy." Watari murmured to himself, "I am crazy too. I actually helped another madman and let an investigator from the Financial Services Agency in."

Watari had no choice. Seeing that Hanzawa trusted this lawyer so much, he could only believe him too.

There is a computer in the office.

Watari's hands were shaking even when he pressed the power button.

After all, if what happened today was discovered, I would be a traitor to the bank.

The kind that will be put on the gallows.

The computer screen flickered.

Soon, the employee login interface popped up.

"Hanzawa, I advise you to think it over carefully." Watari Masato said, "The information department can see any employee's access records. If you access a large amount of project information within the bank the night before your permissions are suspended, you will definitely be blocked by the information department. Hanzawa, are you ready for this?"

"It doesn't matter whether I'm prepared or not." Hanzawa turned to look at Kitahara, "It's important whether Attorney Kitahara is prepared or not. What exactly do you want to obtain through the bank's internal system? Now you can tell us."

The words fell.

Hanzawa directly entered his account number and password on the keyboard——

Logged into the system.

The two bankers in the office both looked at Kitahara.

"The hypothesis I want to verify today is very simple," Kitahara said. "That is, if the 300 billion yen loan of Fukuda Real Estate is not a concealed loan, then where in the bank are the real concealed bad loans hidden?"

As soon as the words came out.

Watari Masato almost dropped his jaw in shock, "Wait, Lawyer Kitahara! Are you saying that in addition to the 300 billion yen in bad loans of Fukuba Real Estate, the Tokyo Central Bank has another 300 billion yen in bad loans?!"

The male lawyer in front of him just smiled and said nothing.

Watari's heart sank to the bottom of the sea.

This means that the Tokyo Central Bank may face a major violation of covering up bad loans worth up to 600 billion yen!

Finished!

The bank is finished!!

"Let's listen to what Lawyer Kitahara has to say," Hanzawa said. "I believe that your bank must be looking for another 300 billion yen bad loan." Kitahara continued, "However, judging from the expression on Vice Minister Hanzawa's face, you don't seem to be making good progress. Until now, you haven't found the real hidden loan."

Watari Mari looked at the lawyer with suspicion.

After all, he also helped Hanze look at the loan project information in the bank.

The only thing that matches is the loan from Fudan Real Estate.

For other projects, they examined them with a magnifying glass, going over them countless times.

However, the professionals at the bank did not find the problem, so how could this lawyer find it? !

Kitahara went on to say, "The Financial Services Agency has also collected a lot of loan project information from banks before. However, after investigation, we found nothing. However, I believe that this 300 billion yen bad loan must exist, but it has been covered up in some form."

The next second, Kitahara's voice rang out.

"What if this 300 billion yen is not in the form of a loan?"

No... not in the form of a loan?!

In an instant, something seemed to light up in Hanzawa and Watari's minds.

It had been pitch dark before.

Now, there seems to be a ray of light!

For some reason, the two bankers felt inexplicably excited, and they suddenly felt that they were getting closer to the truth.

Kitahara took out a brochure about the Tokyo Central Bank from his briefcase, opened a page, and pointed, "Your Tokyo Central Bank established an asset management subsidiary about three years ago."

Banze nodded. "Yes. Because the regulatory indicators are becoming more and more stringent. We need to set up an asset management company to acquire some of the bank's own non-performing assets."

Beiyuan looked at the bank's internal system in front of him and said, "What if this loan was issued through an asset management company? You know, asset management companies themselves are taking on all kinds of non-performing loans. If an asset management company violates regulations in providing financing services, then it would be difficult to find this hidden non-performing loan among a pile of non-performing loans."

Upon hearing this, Hanzawa and Watari's eyes widened.

They understood what Kitahara was talking about.

Kitahara meant that the asset management subsidiary of the Tokyo Central Bank provided financing through false acquisition of debts!!!

[False acquisition debt financing]

[The main business of asset management companies is to acquire bad debts and manage assets. However, if the asset management company colludes with the debt transferor to fabricate a debt and agrees that the asset management company will acquire it, then the money used to acquire the bad debt will actually become a loan.]

[For example, you fabricated a debt of 10000 yen and then transferred it to an asset management company for 3000 yen. The asset management company knew that this was a fake, and its real purpose was to provide you with a loan of 3000 yen. So it chose to take over the debt and provide you with a loan in the name of acquiring the debt]

Hanzawa and Watari were immediately impressed by Kitahara's sharpness.

Indeed, they looked through all the bank's loan programs.

From regular commercial loans to bill financing, factoring, etc., they just couldn't find the hidden 300 billion yen loan.

However, in the end, this asset management company, which was established only a few years ago, was overlooked! !

The bankers' inertia of taking things for granted made them miss this point.

They were the asset management companies that took over the bad loans, so they just skipped over it and ignored it!!

This is the banker’s blind spot!

(End of this chapter)