Dear Comrade Leader, Episode 292
“In this case, the investment amount lost by the Korea Investment Corporation and Peony Holdings is about 700 million dollars, or more than 800 billion won in Chosun Won. After tracing the lost money account in cooperation with the Canadian authorities, it was determined that the money moved from the Canadian Red Star Mining account to Singapore and then from Singapore to St Kitts and Nevis.”
“St. Kitts and Nevisra… … Typical tax haven country located in the Caribbean. I mean, it’s hard to get it back in the near future.”
The breach and embezzlement of Choi Seung-il, the ‘first-class safekeeper of the Republic’, who has been in charge of the highest dignity money since the early days of the establishment of the Kim Jung-hwan regime, turned the party’s central committee upside down.
An investigation committee was immediately formed in this unprecedented situation, and in view of the scale and significance of the case, Kim Young-il, director of the Investigation Bureau, personally stepped forward and briefed the results of the investigation to the Central Committee. didn’t care
As soon as Jeong-hwan heard the report from Kim Young-il, the head of the Anti-Corruption Investigation Bureau, and made a cold conclusion that it would be difficult to recover the money for a while, the Central Committee executives sitting at the table shrugged their shoulders unwittingly.
It was a calm tone, but it was clear that the anger of the supreme leader was heightened as all the executives in the position had been with the incumbent general secretary for many years.
And most of them knew all too well to know that the real reason for Jeonghwan’s anger was the betrayal of a trusted aide rather than the loss of the national treasury.
Even Jeong-hwan, who refrains from mobilizing force at all costs, is likely to instruct the bloody winds of a desperate purge at any moment.
“What do your comrades think about this sudden embezzlement and corresponding act of comrade Choi? Even monkeys sometimes fall from trees. Is it possible that it is simply an investment loss that you did not foresee?”
“Humm… … As soon as the accusation is received, the Investigation Bureau immediately killed Choi Seung-il… … The comrade’s office was confiscated and searched, and the process of checking accounts and collecting relevant testimonies began. And after synthesizing this evidence from various angles, we have come to the conclusion that this was not a simple investment mistake, but rather a systematic embezzlement planned long ago.”
“Let me reconsider. I want to hear the details with my own ears.”
“First of all, to summarize the core of Comrade Seungil Choi’s explanation, the most decisive reason for my decision to invest in Red Star Mining was to confirm the fact that Red Star Mining received a $1.2 billion loan from a personal information source at HSBC. it was because The problem is that there is no way to prove the fact that you have received such verification, even with documents, but… … .”
“No, other investment construction workers did not even at least verify the Red Star Mining company and put it on the boss’s desk? It must have been a long time since the investment corporation wasn’t the only company with CEO Choi, and it wasn’t like that.”
When Jeonghwan’s voice reached the end and became high due to the nervousness he couldn’t hide, the other executives shrank even more like gazelles who heard the lion’s roar.
Even if the wind and waves hit the party today, it was certain that it would hit hard.
And Kim Young-il was sweating in the face of the lion’s roar and recited the contents of the investigation one by one.
“Hmm, Red Star Mining passed the strict pre-investment qualification examination by the Investment Corporation Examination Department, thanks to years of trading performance with many large enterprises in the reputable republic and the personal reputation of the representatives Martin Bang and Bang Il-woo. yes However, when investigators from their home country questioned the Korean-Republican communities in Ontario and Toronto, they collected very interesting testimonies about a person named Martin Bang. All the testimonies are that Martin Bang’s settlement and success in Canada was not due to his own skills and abilities, but because he had a big hand behind him who supported him.”
“Behind the scenes… … .”
There was no sound of swallowing in the conference room at Jeonghwan’s meaningful murmur.
All of them had their faces fixed, and they were paying attention to the briefing of the bureau chief and the slide screen displayed by the projector.
“It is said that when Martin Bang first became independent from Goryeo Chemical and opened his own business in Ontario, the business was often blocked in the early days due to local territoriality or lack of capital. However, from one day, transactions from Republic companies poured into Red Star Mining, which he ran, and after the financial crisis a few years ago, about three years ago, the Republic of Canada business in Canada was a simple import and export business, but Martin Bang and Red Star Mining’s hands. It is said that it was difficult to find one that did not go through it.”
“That means someone in the republic has chosen Martin Bang and Red Star Mining as wells for their foreign assets. Keep going.”
“Ssangwoo Chemical was the most active place to trade with Red Star Mining. As you know well, the parent company of the Ssangwoo Group, Ssangwoo Automobile, was a company that moved its roots from the South to the Republic due to financial difficulties at the time of the Great North-South Compromise in 1998. I was under the practical influence of Comrade Choi, the president of the Korea Investment Corporation, because I had to undergo constant blood transfusions and reviews from the Investment Corporation until the business was normalized.”
“… … .”
“Actually, Comrade Choi’s instruction to develop the automobile industry native to the republic was so close that, as you can see in the report, he had a one-on-one meeting with Ssangwoo’s management almost several times a week. In other words, those comrades were not in a position to reject Choi’s request. In addition, Martin Bang also collected testimonies that he had once boasted that he was sponsored by influential figures who could not be named in the republic at a drinking party with close acquaintances.”
“So, comrade Seungil Choi asked the management of Ssangwoo to look after Red Star Mining for years, and later, he made the investment funds pool there? But that would be circumstantial evidence, not physical evidence?”
Jeonghwan asked that question as if he did not want to believe it until the end, but at that question, Kim Young-il shook his head with a firm expression and switched the slide screen to display a few photos.
It was a picture of a young woman in her early 20s and Choi Seung-il together.
And Jung-hwan, who had been calm until now, was truly shocked by the explanation that followed.
“Of course, we thought that alone was not enough, but the most decisive evidence was that Comrade Choi had property details that were not reported to the party. Our investigative bureau has only recently learned about it, but there is a fact that the land was purchased in the name of the adopted daughter.”
“… … Are you a foster daughter? It’s the beginning of gold. buy land there? How could that be? With the authority of the Bureau of Investigation, would you have been able to look into the accounts and property details of high-ranking executives and relatives above a certain level in near real time? Why have I not been informed of this until now?”
“I don’t really have much to say about that, but… … As you know, Comrade Choi has been single for almost all her life, but a few years ago she adopted a sixteen-year-old girl named Eminai, who went abroad as soon as she became an adult. It seems that the investigation bureau’s account inquiry has been delayed. In addition, there was a record that money, which seemed a bit excessive for college tuition and overseas stay, was continuously withdrawn from Choi Seung-il’s comrade’s account to the woman’s account. It seems that almost half of his salary and bonuses he receives as president have been invested in it every month.”
“… … Isn’t that enough to say that she loved her daughter a little bit in the high and low? As a high-ranking executive with a high salary in the party, this is not something he should be praised for, but he used his salary to make his blood stronger in an unfamiliar place. … .”
Jang Seong-taek, who had only listened until now, gave a word as if defending Choi Seung-il, but this time, Kim Young-il shook his head.
“I personally asked comrade Choi about the matter, but at the time, comrade Choi’s vocation was that his daughter likes luxury, so spending money abroad is not easy. Well, spending your own money in the current republic is not the secret. However, after the incident happened this time, our investigators went to Toronto to re-investigate, and as a result, it was completely different from what Comrade Choi said.”
Although the amount of money Choi Seung-il sent to his daughter was a considerable amount in total, one of Jeong-hwan’s theories was that one of the fundamental ways to prevent corruption among high-ranking officials and party members after reform and opening up was to give them a generous salary so that they did not interfere with their lives in the first place. .
In particular, as Choi Seung-il has served for over 20 years as the president of an investment corporation whose rank, importance, and integrity must be guaranteed the most, it is not strange that his wealth exceeds the average of the people of the Republic.
“The conclusion of the investigation sent by investigators from Toronto was that the daughter of Comrade Choi was living in a very frugal life in Ontario. He said he didn’t even have his own car, but only recently bought a used car and drove around.
“Then are you talking about buying the land with that money?”
“I’m pretty sure it is. Although we cannot be sure as the investigation and account tracking with the Canadian authorities have not been completed yet, according to information obtained from the real estate development industry, a woman from Canada recently purchased about 7,000 pyong of scenic vacant land on the outskirts of Wonsan, Republic of Korea. fact has been confirmed It has already been confirmed that the woman’s impression wearing is almost identical to that of Comrade Choi’s daughter.”
“Huh… … !!!”
“Of course, that’s about that amount of land purchase. As the president of the investment corporation, it would be impossible to rob comrade Choi from his salary, and he could explain that he was trying to build a beautiful villa in his later years after retirement. Comrade Choi began to become very suspicious. Don’t you remember that tourism infrastructure innovation was one of the sub-tasks of the recent four development tasks?”
“Yes. But what does that have to do with this incident?”
“The Bukmyeong Group, which was selected by Secretary Lee Young-bak as one of the sub-projects as a tourism complex development project operator, presented a revised business plan a few months ago to build a resort on the land purchased by Choi’s daughter by expanding the business site significantly more than previously planned. it’s wet Naturally, the price jumped. I suspect that Comrade Choi obtained inside information in advance and took advantage of it.”
At the beginning of Kim Young-il’s assertion, the executives of the conference room, who were skeptical of the charges of Choi Seung-il, who was more loyal to the Republic and the general secretary than anyone else, began to roar.
It was as if I was watching a pillar that never seemed to collapse, leaning little by little as silverfish devoured it, and finally rotted and was on the verge of collapsing.
But the most decisive revelation did not end there.
“In addition to the gig… … Finally, there is one more conclusive piece of evidence.”
“Crucial? Is there another one?”
“Yes, in fact, the body of the case is the whereabouts of $700 million that Martin’s room hid through Singapore and St. Kitts and Nevis. However, while inquiring about his whereabouts, I got information and concrete evidence that he had met a person after leaving for Singapore, a stopover where $700 million had passed a few months before this incident.”
“… … Can you show me the evidence?”
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Now Junghwan’s voice was somber that he couldn’t calm down.While no one dared to speak up, the slide screen changed once more to reveal a picture of Martin Bang in sunglasses having a conversation with a woman at a cafe in Singapore.
It was the adopted daughter of Seungil Choi, who was studying abroad in Toronto, Canada.