Chapter 87
Chapter 87
The lecture room of the Department of Business Administration, Korea University.
Since it was a major, most of the students were immersed in the lecture. However, some students, who were not very interested in their grades, leaned in the back seat and used their cellphones to use SNS or search for articles.
“The ethical issue of managers in corporate management is…”
In the middle of a lecture, a male student suddenly screamed.
“Ugh!”
Professor Kim Myung-jun, who was taking notes on the blackboard, looked at the boy.
“What’s up?”
“Gee, I’m holding a press conference at OTK Company right now…”
“By the way?”
“Senior Kang Jin-hoo is coming.”
“······What?”
What do you mean?
The other students shouted in unison.
“It’s real!”
“I’m Jinhoo-senpai!”
At that, not only the students but also Professor Myung-Jun Kim found their cell phones in their pockets and took them out. The press conference was being broadcast live through some broadcasters and YouTubers.
“Why is Jinhoo senior holding a press conference?”
“What does this have to do with OTK Company?”
Kang Jin-hoo’s every word came up as an article.
[Is the search and seizure of K Company for political purposes?][Raising suspicion of illegal inspection of K Company][An illegal temple scandal resurfaced][Presumed to be the male and female NIS staff in the photo]Jinhu Kang subsequently claimed that she was not the CEO of the OTK Company, the person the prosecution is investigating and detained.
What followed was a shock in itself.
“Are you the CEO of OTK Company?”
“Nonsense!”
The senior I went to school with last semester was the CEO of OTK Company!
The classroom was turned over in shock. But she wasn’t surprised by just one of the people there.
Yuri looked out her window and remembered the meeting yesterday.
On the spot, Jinhu Kang told her how she and her friend formed her OTK company, and how she invested to increase her capital.
In fact, she had guessed that she had been there before. When she saw she raised $5 million at the opening party, she thought she would have a deep connection with the K Company. However, she never imagined that K Company was a subsidiary of OTK Company, and that Jinhu Kang would be the CEO of that OTK Company.
To her astonished her, he said with a smile. Sorry for hiding it all this time. But rather than getting to know her by watching the news, she said she wanted to tell in advance.
She said, ‘She didn’t want to hear that.’
Yuri sighed inwardly.
* * *
Lectures were temporarily suspended in all departments of Hankuk University. Cheers and shouts erupted from all sides.
Min-young Kim and Kyung-il Min, who were listening to a lecture in another classroom, were in shock.
“Is Jinhoo Kang the CEO?”
“Does this make sense?”
“How much is your replacement property?”
“Twenty trillion? Article 30?”
“Then, isn’t Jinhoo the richest man in Korea?”
“Wow! I really can’t believe it.
Seon-ah bit her lip while watching the news.
She happened to meet her at school by chance while she was on vacation. She then sensed that she had changed something, but she didn’t really care.
What the hell happened to her without her knowing?
‘Why didn’t you say anything to me?’
If I had known in advance…
* * *
Blue House residence.
President Park Si-hyeong watched TV. The three broadcasting companies reported only by sending out photographic material instead of live broadcasting, but foreign media and general broadcasts broadcast it live at all.
The press conference was unexpected.
There are no permanent allies or permanent enemies in the world. It’s the same whether it’s business or politics. However, gathering the media and revealing the regime’s faults meant becoming an eternal enemy.
‘I can’t possibly do such a stupid thing…’
Wouldn’t it go too far to just complain about injustice?
However, contrary to such expectations, Kang Jin-hoo, who appeared at the press conference in person, overturned the mistakes of the NIS and the prosecution.
She presented evidence beyond just raising suspicion. That meant he was preparing to face the regime from the start.
Illegal inspections using the National Intelligence Service, seizure and search for political purposes, arrest investigation of Oh Taek-gyu, etc.
Park Si-hyung sharpened his teeth.
“What a crazy…”
It was obviously himself who aimed the blade first. But it was not done with the intention of turning the opponent into an enemy.
First of all, I was thinking of giving a hand at the government level and forging a friendly relationship after the US presidential election.
A good thing is a good thing, wouldn’t it be possible for PAS to deliver to Chrysler later?
‘What the hell is wrong?’
In hindsight, everything was different than expected.
The first problem was the K Company, which was searched and confiscated.
Whether it’s a chaebol or a politician, anything is bound to come out. Park Si-hyeong, a businessman and politician, knew that fact better than anyone.
However, K Company even conducted a search and seizure, but nothing came up. In the case of a general corporation, there are many acts of embezzlement and breach of trust by the CEO. However, as for the ownership structure of K Company, Park Sang-yeop owns 2 percent and OTK Company owns 98 percent. Here, the two attract money to the general public.
Unlike its subsidiaries, K Company did not receive any external investment.
It is a structure in which embezzlement and breach of trust are difficult to occur in the first place as there are no other shareholders and the company operates only with its own capital.
What is even more surprising is that the realized profits were taxed in full. Even the evidence for cost processing was perfect, so it was difficult to find loopholes.
The biggest mistake was to catch Oh Taek-gyu. Even after the CEO was arrested, he only took control of K Company, but did not make any moves.
Park Si-hyeong interpreted it as having no intention of confronting the regime, but it was a complete misjudgment.
While Oh Taek-gyu was earning time under investigation, they handled all investment plans in a snap. And as soon as the job was done, they started a counterattack.
Jinhoo Kang revealed that he is the CEO of OTK Company. He was smiling and looking at the camera.
Park Si-hyung could see that his gaze was on him.
“Are you going to do it all the way?”
It would be nice if North Korea could conduct a nuclear test like the last time the inspection problem broke out, but unfortunately, North Korea’s recent movements have been quiet.
First, the ripples had to be calmed.
Dealing with the press is his main specialty.
Park Si-hyeong contacted Lee Jeong-heon, the chief public relations officer of the Blue House, and gave him instructions.
“Let’s ask each media company for cooperation right now.”
* * *
Park Si-hyeong was well aware of how burdensome it is to run the government without compromising power.
For this reason, he worked hard to control the media from the beginning of his reign.
He maintained close ties with conservative newspapers, sacking the presidents of the three broadcasting companies remaining in office and replacing them with his closest aides.
The new presidents abolished the current affairs news program at once and reduced the role of the news agency. Reporters who objected to this were all sent elsewhere.
Until yesterday, the reporters who were roaming the site and the PDs who made the broadcasts were relegated to skating rink managers and building managers.
Jin Yeo-Jun was originally a PD for MBS’s leading news report program, PD Note. When the new president, Kim Cheol-jae, abolished the PD notebook, he declared a strike and called for media normalization and the resignation of CEO Kim Cheol-jae.
The cost was severe.
Immediately, his desk disappeared, and access to the editing room was prohibited. MBS said he was responsible for leading the illegal strike and fired him.
‘I’m not doing it because I’m fucked, damn it!’
Yeo-Jun Jin shouted that and ran out of MBS. But he had no intention of going away like this.
He founded an internet press called News Breakthrough by attracting laid-off reporters from KBC and SBC as well as MBS, and accusing Park Si-hyeong of the current state of control of the press.
In addition to this, he ran and covered issues that the government wanted to hide.
No matter how powerful you are, it is difficult to directly influence the internet media. Instead, he manipulated conservative groups from behind, accusing them and harassing them.
Yeo-Jun Jin didn’t even say a word. He went to the prosecutor’s office day after day and was investigated, but he devoted himself to digging up the corruption of the Park Si-hyung regime.
However, unless it was a mainstream media, its influence had to be limited. No matter how big an article was, it was enough if the broadcasts and newspapers covered it up with other incidents.
From the government’s point of view, though annoying, isn’t it a threat?
The News Breakthrough office in Chungjeong-ro, Seoul was quiet today.
Jo Woo-jin, the oldest of the news breakout reporters, sat in front of the TV after receiving the delivered Jjajangmyeon.
Yeo-Jun Jin pulled out the slippers and left the editing room. He looked at Jo Woo-jin and asked.
“Where have all the kids gone?”
“I went to the OTK Company press conference.”
Internet media are rarely invited to press conferences. Usually, it was a way of sneaking in with other reporters to cover the story.
For some reason, OTK Company sent e-mails, and reporters from News Breakthrough were able to confidently join the ranks.
“Why didn’t you go?” Jo Woo-jin said while eating Jajangmyeon.
“I have to give my juniors a chance to grow into great journalists like me.”
“Uh-huh! It’s disgusting.”
“Eat some jjajangmyeon.”
Jin Yeo-jun sat next to him and ripped the plastic out of the bowl.
Just then, a live broadcast on cable news came out. The person who appeared on the podium was a young man in his 20s who appeared to be a college student.
He argued that the search and seizure of K Company was unfair, and talked about illegal inspections by the National Intelligence Service.
Ding Dong!
Suddenly an email alarm went off. Jo Woo-jin quickly checked his e-mail on his tablet. It contained hundreds of photos.
“Hey! Inspecting against the inspectors.”
Jin Yeo-Jun looked at the photos and stuck out her tongue.
“They are absolutely crazy.”
“Yeah. This is just a fight.”
When Kang Jin-hoo revealed that she was the CEO of OTK Company, Jin Yeo-jun stopped eating her Jjajangmyeon and burst into laughter.
“Kah ha ha! That dude!”
The shards in her mouth splattered in all directions.
Jo Woo-jin said in awe.
“Ah! damn real.”
At that moment, someone knocked on the door.
Bang!
“Quick service!”
Jo Woo-jin signed the documents presented by the quick service driver and accepted the box.
“Who sent it?”
“It’s not written.”
Jin Yeo-jun waved her hand.
“It could be a bomb sent from the Blue House, so I’m afraid to go outside.”
“I do not like it. If we want to die, we must die together.”
Jo Woo-jin immediately opened the box. Fortunately, instead of a bomb, there was a USB with a file of papers inside.
The two of them took out the documents and checked them in surprise.
“Hey, what is this?”
“It’s about PAS.”
The relationship between President Park Si-hyeong and the PAS has been a subject of suspicion and speculation for a long time. Jo Woo-jin has been covering the matter for a long time, but he has not found conclusive evidence.
“Who would have made this?”(Read more @ wuxiax.com)
They didn’t know, but they gathered data by mobilizing the information power of Golden Gate, the world’s largest IB, and Oh Hyun-joo stayed up all night to organize it.
Although it was not possible to dig into the ownership structure, there were numerous evidences of the Blue House’s intervention in the interests of PAS.
Even the Ministry of Foreign Affairs stepped in to help PAS enter overseas markets, and the National Intelligence Service helped take over subcontractors.
If the CEO of a joint-stock company moves the company for his own personal gain, this is breach of trust.
Likewise, if the president used his power for a specific company, that in itself was an act of betraying the trust of the people.
Park Si-hyung will suffer a fatal blow just by revealing this.
Yeo-Jun Jin and Woo-Jin Jo faced each other’s faces.
“Don’t you think you know who it is?”
“I guess.” The two immediately turned their gaze to the TV. There, after the press conference, Kang Jin-hoo’s face was seen heading to the Seoul Central District Prosecutors’ Office.
“If we explode this, won’t we all be captured?”
At Jo Woo-jin’s words, Jin Yeo-joon burst into laughter.
“Heh heh! then good I need to order a wheelchair.”
“Why?”
“Originally, when the media owner is arrested by the prosecution, he is in a wheelchair.”
Here’s an opportunity to feed each one of you. What kind of expression would President Park Si-hyung make if he exploded this?
Just thinking about it made my motivation soar.
“Let’s work!”
* * *
The prosecution was completely turned upside down.
The press conference revealed that the prosecution was investigating the wrong person according to the convenience of the government.
After Kang Jin-hoo, she walked into the Seoul Central District Prosecutors’ Office with documents confirming that she was the CEO. Behind her, apparently, she wears a number of reporters.
What is the meaning of arresting Kang Jin-hoo at this point?
But it was after the prosecution had already announced that she had serious allegations against the CEO of OTK Company that warranted an arrest investigation.
Now, it’s hard to admit that she was holding an innocent man for political purposes. As you can see from the numerous reexamination cases, the prosecution is an organization that never admits to wrongdoing.
In the end, the prosecution decided to arrest her after Kang Jin, and release Oh Taek-gyu through an investigation without her detention.
He also announced that Oh Taek-gyu is not completely without charges, but that he will be transferred without detention because there is no fear of escaping or destroying evidence.
The reporters rushed in with questions.
“You arrested the wrong person, shouldn’t you be the first to apologize?”
“Who is in charge?”
“Who gave you the order?”
“Do you admit that it is a political purpose?”
“Did the Blue House have any instructions?”
A spokesperson for the prosecution went in without any response, and the staff pulled the reporters out.
Veteran reporters who have been in and out of the prosecution for a long time knew intuitively.
That this could escalate into the worst scandal of the Park Si-hyung regime.
