Farewell to Wan Daming, Li Ji returned to the business.
After running for a while, I broke out in a sweat and felt much better, and my head was no longer so dizzy.
Li Ji sat at the table, feeling not at all relaxed. What Wan Daming said before leaving made him even more worried and uneasy.
On the surface, the Marriott Group seems to be prosperous and unparalleled in the limelight. In fact, due to its large-scale and disorderly expansion in the past two years, it has laid the foundation for serious financial risks and operational crises.
Most of the real estate projects acquired in the past two years have not actually started construction. Because follow-up funds were not in place, it almost remained abandoned there after the groundbreaking ceremony.
Projects that have already started are being built and stopped sometimes due to funding problems, which is very abnormal. Some projects have even reached the point of demolishing the east wall to make up for the west wall.
In the first half of the year, Wancheng siphoned off 200 million yuan from the group, but has now only transferred back more than 100 million yuan, making the group's financial situation even worse. Such a large group can't even get tens of millions of cash in its account now.
Wan Daming feels that Wan Cheng hides many things from him and goes behind the group's back, like this 100 million loan. No matter what, he had to find a way to find out where the money went and what it was used for.
Wan Daming also promised Li Ji that he would try his best to coordinate and find a way to repay the CCB loan of 100 million first. However, Li Ji no longer had much hope.
As for the money, even if Wan Daming didn't tell him, Li Ji had already made up his mind to find out the whole story and see what the mystery was.
If there are major problems in the early issuance and post-loan use of this loan, your guarantee liability may be reduced or exempted.
That's right. It's really annoying to be blamed for such a big blame for no reason.
It is better to be an unjust ghost than a fool.
If you can't live well, then you must die.
But if you want to repay the loan, you have to find a way on your own. At present, apart from auctioning the land, I really can’t think of a better way.
Of course, you can also directly sue Marriott Trading Company and require Marriott Group to bear joint and several liability.
But that requires judicial procedures. From case filing to court session, from judgment to execution, it cannot be completed in a day or two. Past experience shows that it is not uncommon for a case to drag on for a year, two years or even longer.
After all, the court is not a wet market, and litigation is not a small business where you pay one hand and deliver the goods.
Money and goods are cleared, everything is fine? !
beautiful! What a beautiful thought!
Besides, Marriott Group is a listed company. Once such a result occurs, its reputation will be seriously affected, causing stock price fluctuations, and its market value is likely to shrink significantly.
Whether it is for public interest or selfishness, this is something Li Ji absolutely does not want or want to see.
The most important thing is that Li Ji only has twelve days. After twelve days, the loan could no longer be recovered, so he had no choice but to resign and leave.
At that time, he was already an outsider. Everything after that has nothing to do with him.
I laughed to the sky and went out. From then on, I was unemployed.
The word "unemployment" is really more terrifying than the plague.
Li Ji never thought that he would have such a day. However, when it was lingering around him like a real ghost, he felt unprecedented panic, helplessness, and inexplicable despair.
Let's treat a dead horse as a living horse doctor, Li Ji thought to himself. When I couldn't do anything anymore, I begged Uncle Wan to give me a bowl of food and went to the Marriott Group.
But he knew that if it really came to that point, he might rather beg for food than ask for it.
A few clouds drifted slowly across the roof, and the light in the room dimmed.
Stop thinking about things and get down to business.
After thinking wildly in the fog for a long time, Li Ji's mind finally came back. He took out the credit information again and flipped through it.
CCB's credit extension to Marriott Group is a comprehensive credit extension, and a comprehensive credit limit is determined in advance. In principle, all companies affiliated with the Marriott Group can apply for loans within this total limit.
In the current situation, if you want to repay the loan, you must first seek compensation from Marriott Trading Company. Only when the enforcement against all properties of Marriott Trading Company fails, can the company pursue compensation from Marriott Group.
Nominally, the two companies are parent and subsidiary companies and have an associated relationship. But in a legal sense, both are independent legal persons, and Marriott Trading Company should first bear legal responsibilities independently with its own property.
The actual applicant and user of this loan from Marriott Group was Marriott Trading Company. After the loan was disbursed, it was used as payment for the purchase of materials and was directly paid by China Construction Bank to the Rural Credit Cooperative account of the counterparty, Xinxin Company, and was immediately withdrawn by Wanhao Trading Company.
The loan went full circle and eventually came back to Marriott Trading Company.
On the surface, the use, form and purpose of the loan funds are legal and compliant, and there is no problem.
But in fact, the credit funds passed through Xinxin Company's account, like water, and finally returned to Wanhao Trading Company. However, the nature of the funds has been completely different, and it has completely become the trading company's own funds.
Since then, Wanhao Trading Company can use this credit fund independently and freely, completely out of the bank's normal credit supervision.
There are even more doubts about whether this business of purchasing materials actually exists. Especially for a company that is in bankruptcy, what products should be used to fulfill the contract?
Li Ji guessed that Xinxin Company transferred the payment to Wanhao Trading Company mostly in the name of trade transactions.
Where did the money go after it arrived at Marriott Trading Company?
According to Zhou Xiaoxue, Wanhao Trading Company's trade volume has dropped a lot in the past two years compared with previous years, and it has been in arrears with suppliers.
Therefore, it is unlikely that the payment or debt owed will be paid.
So, where did the money go?
Li Ji frowned.
He suddenly remembered: Why was he confused and didn't go to Wanhao Trading Company?
Look at the clock, it's almost time to get off work. Li Ji hesitated for a moment, then went out and called Xiao Zhu and Xiao Zhang to visit Wanhao Trading Company.
"Boss, don't go!" Xiao Zhu bared his teeth at Li Ji, "Wanhao Trading Company has been blocked for a long time, and everyone is gone!"
"Ah?" Li Ji was surprised, "What's going on?"
"It's not like we're in arrears with the supplier's payment," Xiao Zhu said, shaking his head. "A neighbor of mine, who processes bamboo mats, is a supplier of Wanhao Trading Company. It's been a year and he hasn't received a penny." When he sees me, he vomits bitterness, a grown man behaves like Mrs. Xianglin."
Li Ji was speechless.
Xiao Zhang was listening on the sidelines and suddenly said: "Mr. Li, I think we should find a way to get the Marriott Group to repay the loan. If that doesn't work, go through judicial procedures and apply for land auction..."
"Yes, sir," Xiao Zhu interjected, "I think as long as you give the industry a final result and an explanation, that's enough. Mr. Cui just said that, you are the leader, and I will really let you do it when the time comes. Resign!"
Seeing that Li Ji didn't answer, he paused and then Xiao Zhu said: "With such a large amount of money, you can let him try it in twelve days!"
"Stop talking nonsense!" Li Ji glared at Xiao Zhu.
"Did I say something wrong?" Xiao Zhu lowered his head, a little aggrieved.
"Hey..." Li Ji sighed, feeling confused. After a while, he suddenly remembered something and asked Xiao Zhu: "Do you know the company Haitianda?"
"Of course I know!" Xiao Zhu answered simply, "Just open an account in our sales department, and you always get loans from our bank." As he said that, he turned to look at Xiao Zhang: "Manager Zhang, is this the customer you are responsible for? "
"Yes Yes......"
For some reason, Xiao Zhang hesitated to answer.
"Okay," Li Ji was overjoyed, "Go and find out his loan information, and I'll take a look!"
"This this,......"
Xiao Zhang hesitated.
"What? Is there a problem?"
Li Ji felt strange.
