Best luck

Chapter 2656 General Meeting of Shareholders 2

It is natural to report the good news but not the bad news, and attribute the recent problems encountered by the company to the bad environment. <Try hard to shirk the responsibility of the management, and also announced a series of exciting economic data, indicating that the company is about to usher in a turnaround, so everyone maintains confidence.

From his speech, Wu Tian Construction is developing well, and there is no problem at all...

Then Xu Yao, Xu Shang and other directors of the Xu family selectively raised a few questions, which were also a few minor flaws, and Ma Chao easily found a solution, and everyone was happy...

Just as Xu Yao was reaching out to end the questioning of the company, suddenly a director raised his hand and said, "I would like to ask Manager Ma Chao, how much liquidity is in the company's books now? Can it maintain the company's ongoing construction?"

"Mr. Liu, don't worry, the company has sufficient cash flow and can fully cope with the existing construction. In several surrounding second-tier cities, it has also participated in the auction and bidding of plots to increase the land reserve." Ma Chao replied confidently.

"Manager Ma hasn't answered me yet, how much cash is in the company's books?" Director Liu insisted on asking. The core of his question just now was cash flow, but Ma Chao was sloppy and talking empty words.

"Haha... The financial statement I read just now is very clear. As of yesterday, the book cash is 2 million, and there are many banks with credit lines exceeding 20 billion. You can get cash from the bank at any time." Ma Chaoqiang pretended Calmly speaking, the vest is already sweating.Hearing Director Liu's question, he became nervous, trying to perfunctory but still unable to perfunctory.I had no choice but to report the fake accounts planned with Xu Yao.In fact, the company is already heavily in debt, and the bank will not lend them money at all, and the cash on the books is only a few million.It is difficult to maintain normal office expenses.Several construction sites were shut down.The blame is to blame Xu Yao for drawing too much capital from the company.

"You are lying. What I know is that many construction sites of the company are currently closed. The wages of the workers have been in arrears for several months. There are 2 million cash in the book, and you publish the bank statement." Director Liu was suddenly furious, He slapped the conference table and stood up, pointing at Ma Chao to reprimand him.

"Director Liu, you can't make up things without basis. Of course, the management of the company knows the company's finances best, and the reported data is also the most authentic. You can see that the reports have been audited by PwC's professional auditing company." Ma Chao Also stand up and die.

"I want to see the bank statement and the company's deposit records." Director Liu refused at all.His insistence has been supported by many small and medium shareholders.

"Director Liu, your request does not comply with the company's articles of association. You have no right to ask the company to announce the financial data of the day at the shareholders' meeting. This is a commercial secret." Xu Yao patted the table to help Ma Chao speak.

"Business secrets, I have a statement here, which I also got from the company's financial office. It is the most authentic financial statement of the company recently. You all have a look." Director Liu snorted coldly, and took out a stack from his purse One copy of the document was distributed to everyone present.

Without looking at the report, Ma Chao's expression changed drastically, and even Xu Yao's forehead was beaded with sweat...

The report is not summed up, it is completely a journal of the company's recent entry and exit.Every page has the logo of Wu Tian Construction Company's special account book, and it can be seen at a glance that this is the daily accounting record of the company's cashier.There are reasonable reasons for each fund in and out. In the past two months, a sum of tens of millions of money has been withdrawn in a few days, indicating that it is to supplement the working capital of the construction project department below.Can't see any problem.

What caught everyone's attention was that each of these transfers was followed by another improvised note.The above is the flow of funds corresponding to the project department below, and there is no record of the funds allocated by the head office that day.The funds in the account books on both sides do not match the numbers, which is obviously a fake account.

Turning to the end, the cashier's account book shows that the company's total cash is only about 200 million, and the date of record is until last night.Such a small amount of cash is not even enough to maintain the normal operation of the company, let alone inject capital into the project department under construction to ensure the construction period...

"Fake account, this is a fake account that you made up, it is not the company's account book at all." Ma Chao was already sweating profusely after reading it roughly, and his neck was so nervous that his neck was bruised, and he loudly denied it.

"Fake account! Every record here has the signature of the cashier of the company. You still have to argue, let's go down together. There is still an original account book in the safe of the company's finance department, which is exactly the same as this." Director Liu asked with a sneer , These are enough to prove that the company's management is cheating.

"What do you do? How do you get the company's account books? Ah...you are a thief and steal the company's finances..." Ma Chao panicked, completely confused.If the falsification of accounts was revealed, he would have to sit in prison.He was incoherent, and suddenly remembered that it was unreasonable for the company's account books to be in the hands of Director Liu, so he opened his mouth to refute Director Liu's theft of company property.It's like grasping at the last straw, seeing a glimmer of hope...

No one at the scene paid any attention to such idiotic accusations.Small and medium-sized investors showed a look of anger, about to explode.And Xu Yao and his gang are bowing their heads and thinking hard about how to deal with it...

"Crack!" Huang Zhongxiang jumped up against the case, with a stern and scary old face, glaring at Ma Chao and roaring: "You are so brave, you dare to do such a thing of emptying out the company. Tell me where the cash went, I embezzled it." How much, returning the cash now can reduce your crimes." He was a soldier, and when he got angry, he naturally showed a strong murderous look, which made Ma Chao fall back to his seat in fright.

"It's a complete deception. No wonder the company has suffered losses recently. It turns out that the management is playing tricks..."

"It's so exasperating! How can such a management make people invest with confidence..."

"Remove the management and recover the funds of the deficit company!"

"Call the police! Let the police thoroughly investigate the company's loopholes, and we must not let these moths go..."

"..."

For a while, the crowd in the venue was so angry that they almost rushed over to beat Ma Chao and others violently.Fortunately, the shareholders are the elite class of the society, and a gentleman uses his words but not his hands.

"Everyone, please calm down..." Xu Yao finally stood up and stretched out her hands to comfort everyone.After everyone's voices subsided, he continued: "This matter has not yet been settled, and the company's board of directors will conduct a thorough investigation later. I promise to give everyone a satisfactory answer." There is no way to turn it around, so it can only be postponed for the time being.

"A thorough investigation will definitely be carried out. I propose to dismiss the company's management now. They will be handed over to the gōng'ān authority for severe punishment." Huang Zhongxiang shook his head and won the support of most small and medium shareholders.

cqs!)

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