Varane's so-called backers can scare a large number of people, but this definitely does not include him, the Portuguese emperor.
In Portugal, Tangning Pedro is the biggest mountain.
Pedro looked at the investigation report in his hand and said dullly to Ranbir: "Go handle this case and make sure to get back all the money he took."
"Yes, Your Majesty."
After seeing Ranbir go down, Pedro sat on the chair and let out a long sigh.
Ranbir asked the people in Setubal to capture Varane overnight, and of course his accomplices were not spared.
Ranbir and the others were no match for the intelligence officers. After a short interrogation, they told everything.
Mr. Varane, who took office only four years ago, used his position to embezzle a total of 2.5 million joint dollars.
Not only did he commit corruption, he also placed his relatives in various well-oiled departments.
The problem at the steel plant has existed for so long and has not been discovered. Part of the reason is that the director of the factory in Varane really has a backstage. At the same time, although this person is corrupt, he really does things and can meet the targets every time.
"Ankara, please send people to conduct a thorough investigation of all state-owned factories. I will let the Golden Shield Bureau and the Golden Sword Bureau assist you." Holding Ranbir's interrogation report in his hand, His Majesty the Emperor said to the summoned Minister of Industry.
"Okay, Your Majesty."
After seeing Ankara away, Pedro called the palace steward, Baron Chaco.
"What orders does your Majesty have?"
"You also send people to check out all the businesses owned by our royal family."
"Okay, Your Majesty."
With Pedro's order, every state-owned factory and royal enterprise ushered in inspectors, which made some people with unclean hands secretly anxious.
During the inspection, a total of 72 business executives were interrogated and investigated because the amount was too large. 16 were given written warnings and asked to return the amount of embezzlement because the amount was not large. The remaining 56 were all shot in accordance with the law and their family members were deprived of the qualifications to take public exams.
Finally, after two months of inspection, the atmosphere of each company has changed.
Through this investigation, Pedro also secretly gave a warning to local Portuguese officials. If they can investigate state-owned enterprises this time, they can also investigate you in the future.
After the investigation, many illegal officials of the government reported the crime on their own initiative and made amends for their mistakes.
After rectifying these Portuguese industrial state-owned enterprises and royal enterprises, Portugal's atmosphere has changed.
In His Majesty's eyes, the country is like a machine, requiring regular maintenance and replacement of damaged parts.
After punishing the borers, Pedro looked at an agricultural report in his hand.
Grain production in Portugal has also increased due to the use of fertilizers produced in Brazil and Portugal.
After the use of fertilizers and the production of a large amount of food, 1/3 was consumed by the Portuguese Empire, with several emerging industrial city circles consuming larger amounts.
Now some smart-minded people see the business opportunities and invest in the grain processing industry. This has changed the empire's image of exporting cash crops.
The current Portuguese Empire's grain output has surpassed Argentina's, and it is now gradually becoming a grain exporter.
"It seems that I have ignored the grain processing industry." Pedro commented to himself that as an emerging grain exporting country, the grain processing industry is still very important.
However, in light industries such as grain and food, Pedro does not intend to get too involved in the industry. It is too easy for things to go wrong if he takes the lead in everything. It is still possible to provide financial means and policy support.
Thinking of this, Pedro quickly drew up a plan and called a guard.
"Leave it to President Jesus"
"Okay, Your Majesty."
In the Portuguese Construction Bank, President Jesus looked at the instructions given by His Majesty the Emperor. As a central bank controlled and supervised by the royal family, it also has many responsibilities when receiving the convenience of the royal family. It must often cooperate with the instructions of His Majesty the Emperor.
"There are not enough funds in the bank now, and the gold reserves are not high, so we can only choose better corporate support." Jesus said to himself.
After deciding, he called his secretary. "Send this to the branch below."
"Okay, president." The secretary took Jesus' documents and walked out of the office, intending to send telegrams to each branch.
In Faro County, Algarve, the economy is a typical agricultural growing area. Both the landed aristocrats and businessmen here are working around the theme of food cultivation.
Most of these businessmen are engaged in business such as seeds, fertilizers, farm tools, livestock, etc., while the nobles consider the output of the land and what they will plant this year and next year.
Not long ago, a businessman named Balzac opened a local grain processing factory to sell flour. The business was not bad. I heard that all the flour was sold to Setubal, the capital of the Algarve. Now he plans to continue his efforts and open a biscuit factory. Now Balzac is worried about funds.
"Drake, you look at the factory first, and I'll go find Grace from China Construction Bank." Balzac said to his son.
"Father, is this really okay? You have approached him several times, but there is still a big gap in our mortgage loan. How about we find other ways." Balzac's son Drake said.
"Those are loan sharks. I've seen too many people bankrupted by them. I won't find those vampires unless I have to, and don't always think of using this method." Balzac Teach your son a lesson.
Although Portugal now has several large state-owned and royal banks, the private lending market has always existed. They make money by lending money at high interest rates to people who cannot borrow money from banks.
Most of these loan lenders are powerful locals and are not afraid of borrowers being lazy in paying. These people also played a role in promoting the development of Portugal's industry, but their lives were not so easy under the impact of the expansion of several major banks.
However, these people are still tenacious and survive. Pedro also knows that, but there is no way to completely eradicate them. This involves the local nobles and rich people. Even His Majesty the Emperor cannot eliminate them in a hurry for quick success and quick gain. This must be done slowly.
After Balzac taught his son a lesson, he put on decent clothes and went to the branch of China Construction Bank in Faro.
The Royal Bank of Portugal has the largest industrial loan volume among all royal state-owned banks.
The reason for this is that China Construction Bank is Portugal's largest industrial policy-assisted bank. Its main purpose is to help Portugal's industrial development and help solve the funding problems of private enterprises.
"Is President Grace here?" Balzac said to the front desk staff with a smile after adjusting his clothes.
"Mr. Balzac, are you looking for the branch manager again, or is it because of the loan?" the staff member asked him politely.
"Yes, the amount you gave is not enough for the construction of the new factory. I would like to ask if it can be increased a little." Even when facing small employees, Balzac answered politely. After all, you can't run a factory without a bank. If you offend him, you don't know what will happen that day.
"The branch manager is in the office now. Let me go and ask for you." Seeing Balzac being so polite, the clerk felt a little embarrassed.
"sorry to bother you."
"You're welcome."
After seeing this staff member go in to report, Balzac sat on the bench next to him and waited.
When the clerk who went to report came out, he saw Balzac sitting on the bench waiting and said. "Mr. Balzac, the branch manager wants you to come in."
"Thank you for your help." After Balzac thanked the clerk, he walked to the door of branch director Grace's office and knocked on the door.
"Please come in."
Balzac opened the door and saw Grace who was busy.
The branch manager looked up at Balzac and continued busy talking. "Mr. Balzac, please sit down. I'll be there in a minute."
"Okay, I can wait." Balzac found a stool and sat on it, waiting.
After a while, the Grace branch manager asked after finishing what he was doing. "Mr. Balzac, are you still dealing with the loan this time?"
"Yes, I need 180,000 joint dollars to build a biscuit factory this time, but now I only have a deposit of 40,000 yuan, so the gap is a bit big." Balzac said his purpose.
The branch manager Grace, who was sitting behind his desk, said after hearing his purpose. "Mr. Balzac, how much is your existing processing plant worth?"
"About 115,000 joint dollars."
Grace, who heard Balzac's answer, continued. "Mr. Balzac, you should know the rules of bank mortgage loans."
"I know, it's worth the same price."
"Our bank will give you a mortgage loan of 120,000 joint dollars, which is the highest price.
We can't lend you as much as you need, and I don't have that right. Mr. Balzac, do you understand what I mean? "
The branch manager Grace also nodded to this somewhat stubborn middle-aged man. He had gone to the bank several times. Grace had no choice but to hope that he could make him give up this time.
After hearing what Grace said, Balzac still asked reluctantly. "Is there really nothing you can do?"
"Mr. Balzac, I also want to help you, but..."
"Winter, winter, winter~"
Just when Grace was thinking about how to refuse, there was a knock on the door.
"Come in!"
Grace was not dissatisfied with the knock on the door that interrupted her speech. If someone was looking for her during work, it must be something.
"President, this is a new instruction from the head office." After opening the door, a clerk took out a telegram and handed it to Grace.
After hearing the instructions from the head office, Grace didn't care what to say to Balzac and picked up the telegram signed by Jesus and read it.
In this telegram, it was stated that according to the opinion of His Majesty the Emperor. The head office is ready to support the grain and food processing industry. In the future, each branch can provide preferential payment terms to the food processing industry within its jurisdiction. For enterprises with excellent assets, the loan scale can be doubled on an appropriate basis. In special circumstances, applications can be made Triple loan.
Generally speaking, it requires substantial support for high-quality food processing industries.
After reading this telegram, Grace couldn't help but sigh that His Majesty the Emperor was so attentive that he discovered the potential of the food processing industry so quickly.
As a local president, Grace is still somewhat sensitive to local industrial development. The grain and food processing industry is definitely a high-quality industrial category that can create a lot of wealth and value.
After reading the telegram, Grace looked at Balzac sitting in front of her. "Mr. Balzac, regarding this loan, we can give you a discount of double the amount. According to your situation, we can loan you two hundred thousand joint dollars."
Hearing Grace's sudden change of tone, Balzac was ecstatic in his heart. He had no hope at all. Who knew there was such a good thing? He didn't bother to ask the reason. Balzac quickly thanked the other party for his support.
"Thank you, President Grace, and I am very grateful to China Construction Bank for your support."
Seeing the excited and incoherent Balzac, Grace patted his shoulder and said with a smile.
"You shouldn't thank our bank, you should thank His Majesty the Emperor.
Your factory is running well, and I actually want to help you, but the banking industry is cautious, and the policies formulated by the head office are iron-clad, so I can't help you with your difficulties.
Now, His Majesty the Emperor, paying attention to the country's increasingly prosperous grain and food processing industry, has ordered banks to relax restrictions and support private enterprises in some industries.
Mr. Balzac, I sincerely hope that you can develop better, so that you can provide more jobs, create more wealth, and make more contributions to the country. "
"Thank you, His Majesty the Emperor. I will definitely contribute my share to the rise of Portugal."
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Chapter 232 is free to read.
