Tokyo Barrister: Start the law firm bankruptcy

Chapter 741 The Truth

The lawyer in front of him had such a wild imagination that he had already shocked Hanze.

Indeed, this sounds a bit absurd.

But it is the most likely method.

Loans are issued through asset management companies under the guise of acquiring debt claims.

This is an extremely brilliant strategy.

You can cross the sea all over the sky.

Watari Masato, who was standing next to him, turned pale. If the lawyer's guess was true, then this involved forging false debt information and bad asset packages. Oh my god, if all of this was investigated, it would really be a major conspiracy!!!

"Deputy Minister Hanzawa, please help me find it. Project records about the asset management company of the Tokyo Central Bank." Kitahara said.

Banze immediately started searching the system.

Soon, Hanzawa discovered a suspicious transaction.

He immediately pointed at the computer screen and said, "Look! Three years ago! Tokyo Central Bank had a 300 billion yen transaction project with an asset management company. The main content of the project was to use the asset management company as a channel for Tokyo Central Bank to invest in a private equity fund that specializes in the acquisition of mining companies."

Click on the relevant project information.

After the 300 billion yen arrived at the asset management company, there was no further movement.

The relevant explanation reads: The market environment has changed and the plan needs to be suspended in order to wait and see.

Hanzawa and Watari knew at first glance that this project must be fake.

It was just an excuse for the bank to transfer the 300 billion yen to the asset management company, which then embezzled it. Moreover, even if the 300 billion yen was in the asset management company, the Tokyo Central Bank would not worry too much about the safety of the funds because of the parent-subsidiary relationship.

"See!" Hanzawa suddenly said, "This is Shirai's project!"

According to the documents for this 300 billion yen project, the person who approved it was Shirai.

The three people in the office are gradually getting closer to the truth.

Afterwards, Hanzawa began to look up the transaction projects that the asset management company would take after receiving the 300 billion yen. Sure enough, one project popped up!

The asset management company acquired Nishitani Electric's accounts receivable for 300 billion yen.

When they saw the words "Nishiya Machinery and Electronics", Hanzawa and Watari felt like they were struck by electricity.

Because Nishitani Machinery is one of the resources that Shirai inherited from Eriko.

Casually open the accounts receivable file of Xigu Mechanical and Electrical in the project information.

Hanzawa could tell at a glance that these contracts were forged.

Xigu Mechanical and Electrical's main business is the sales of industrial precision equipment.

For industrial precision equipment like this, detailed regulations are often made for the installation, debugging, acceptance, and trial operation of the equipment after receipt.

However, the terms of these so-called sales contracts for the sale of precision equipment are so simple that they are hard to believe.

There is no way this could be a genuine contract for the sale of precision equipment.

These accounts receivable are all fake!

The dozens of contracts in which Nishitani Machinery sold precision equipment worth 300 billion yen were all fake!

However, the asset management company used the 300 billion yen to buy these debts.

There is no doubt that the real intention of the asset management company is to lend money to Xigu Mechanical and Electrical.

The Tokyo Central Bank bypassed the regulatory system and lent 300 billion yen to Nishitani Electric through its subsidiary!!!

Seeing all this, Hanzawa and Watari turned around at the same time and looked at the lawyer.

This lawyer Kitahara said it all! !

Got it right!!

Hanzawa had never thought that the transaction between Shirai and Eriko would be completely uncovered by an outsider like Kitahara. Thinking that it was this lawyer who had been guiding the enforcement of the Financial Services Agency during this period of time, Hanzawa immediately broke out in a cold sweat. This lawyer Kitahara, by himself, had the terrifying power to bring down a large bank!

Hanzawa quickly picked up his personal laptop and searched for Nishitani Electromechanical.

The first piece of news that caught my eye was -

"West Valley's electrical and mechanical equipment has repeatedly broken down, and orders have dropped sharply."

I read through several news reports one after another.

The main content was that Xigu Mechanical and Electrical's precision equipment had major quality problems.

The drastic reduction in orders caused serious financial difficulties for Xigu Mechanical and Electrical.

At its two factories in Kansai, Nishitani Electric even stopped operations and laid off workers.

All reports point to one core:

Xigu Mechanical and Electrical may face the risk of bankruptcy.

This means that the 300 billion yen loan issued by the Tokyo Central Bank through the asset management company will become a bad debt!!!

It makes sense! It all makes sense!!!

Hanzawa remembered that there were some inexplicable small projects between the Tokyo Central Bank and Yoshizawa Trust. He immediately looked up the documents and added up all the projects - exactly 300 billion yen.

Previously, Hanzawa checked the information of Yoshizawa Trust and found that Yoshizawa Trust did have another transaction project with the asset management company!

They all match!!!

At this time, the full picture of the matter finally surfaced.

In order to illegally lend money to Nishitani Electric, Shirai deposited 300 billion yen of bank funds into an asset management company. Subsequently, the asset management company and Nishitani Electric forged a debt acquisition agreement.

The asset management company paid 300 billion yen to Nishitani Electric to acquire the fictitious debt claims.

These 300 billion yen are actually loans.

Later, Nishitani Electric fell into a business crisis, and the 300 billion yen inevitably became a non-performing loan.

Shirai then used 300 billion yen of the Tokyo Central Bank's own funds to inject into Yoshizawa Trust, which in turn transferred the 300 billion yen back to the asset management company.

Later, the asset management company will transfer the 300 billion yen back to the Tokyo Central Bank.

In this way, the account is completely settled!

The complex network of interest exchanges between Shirai and Eriko was finally fully exposed to everyone at this moment.

Watari couldn't believe what he saw. A vice president of a big bank actually used his power to illegally disburse nearly 300 billion yen to his associates. This was already a criminal offense.

Moreover, such a complex method was used to conceal the borrowing.

It is conceivable that they must have been familiar with this process before, so they dared to forge false debt documents for such a high amount of money.

Watari felt that he and Hanzawa were crazy for teaming up with the lawyers from the Financial Services Agency.

But seeing all this——

This Shirai!

And that Eriko!!

The real madman!!!

They are going to destroy the entire bank!!

This lawyer named Kitahara used the bank's internal system to verify his conjecture tonight. He showed the two bankers the unknown, hidden, and dirty exchange of interests in the Tokyo Central Bank, and completely exposed the hypocritical appearance of the grand bank...

(End of this chapter)