Fourth Spirit Stone Financial Crisis

Fourth Spirit Stone Financial Crisis Chapter 99

2022-04-02

Chapter 99 Breakthrough of Corruption Cases

It is precisely because of the great emphasis on compliance management that Law Enforcement Hall is very powerful.

For example, the highest Chief-In-Charge Han Xinhe of the Seacliff Sect Law Enforcement Hall is the recognized third-in-command of the Seacliff Department, second only to Sect Master Jiang Hua'an and Seacliff Chamber of Commerce President Su Yuanfeng; The Hawks Law Enforcement Hall Elder Fei Fan is the recognized second-in-command of the Mountain Hawks, and his status is second only to Sect Master Chen Ming.

It is also for compliance reasons that all Sects in the southeast coastal area of Central Plains will choose to purchase black iron ore in Seacliff City.

For the cultivation sect, it doesn't matter if the purchasing staff spend more money, but if it violates the Sect's management process, it is equivalent to opening up the strict Sect management system, which will cause harm in the long run. endless.

So even if the ore trader wanted to find another place to sell the stolen goods, or even offered a hefty discount to the Seacliff City open market price, no Sect buyer would dare to take the risk.

Compliance is always a priority for every Great Sect purchaser.

You say that the underground trade is to save money for Sect?

Sorry, corrupt people say the same thing!

Some things are either not done, and if they are done, they cannot be washed away even if they jump into the Yellow River.

Therefore, those ore traders who sell wool from Xianluan Shicheng Xuantie Mine have no other shipping location to choose from. Only the Haiya Commodity Exchange can eat such a large amount of goods.

Not only that, ore trading is a bit similar to coal trading, and there is a problem of ore quality differences.

Unlike Earth, which artificially divides coal into 4,500 kcal, 5,000 kcal, and 5,500 kcal, according to different calorific values, the transaction volume of black iron ore is not as large as that of Earth coal.

As everyone knows, the effectiveness of commodity quotations often depends on the transaction volume. If the transaction volume of a certain commodity is not large and the quotations are made separately according to different qualities, there will be the risk of commodity prices being manipulated. This is a common problem in almost all ore trades.

Seacliff City is a major commercial center in Central Plains, and City Lord's Mansion is no stranger to these business knowledge.

In order to facilitate the trading of mysterious iron ore and improve the effectiveness of quotations, Seacliff City has set a unified [standard iron ore price].

According to the regulations of the Seacliff City Commodity Exchange, all low-grade black iron ore with a purity of less than 10% must pay a certain processing fee and be handed over to the Seacliff Chamber of Commerce for secondary refining until the purity reaches After 10%, listing and trading are allowed.

This avoids the uneven quality of black iron ore, resulting in scattered ore quotations and no reference to each other.

The [standard mysterious iron ore price] announced by the Haiya Commodity Exchange every day is actually the [daily listed price of 10% high-grade standard mysterious iron ore].

In Earth, metal refining mainly consumes fossil energy, and in cultivation world, metal refining mainly uses Spiritual Qi.

Unless the ore merchants pay a high price to hire a cultivator to be a human flesh refiner, or spend a lot of money to build an ore refining fairy array, they simply cannot refine low-grade ores into high-grade ores.

However, the capital investment required by both methods is too high for ore traders to afford, and they have no choice but to play by Seacliff City's rules.

As a senior expert in the field of business and trade, He Mingyuan, through in-depth research on the pricing mechanism and trading mechanism of mysterious iron ore, immediately realized that this is exactly the breakthrough he was looking for!

The biggest difficulty in the corruption case of Luanshicheng Xuantie Mine is that there is no account to check. The Qingning Chamber of Commerce has neither the financial accounts of the ore traders nor the logistics and warehousing information of the ore traders, and has no idea how much wool these traders have colluded with. Commerce doesn't do much either.

But these corrupt elements can't get around the Haiya Commodity Exchange!

So He Mingyuan wrote a private letter to Han Fulai in the name of the Qingning Chamber of Commerce, requesting that the main mansion of Seacliff City come forward and send an official letter to the ore refinery of the Seacliff Chamber of Commerce to inquire about the major ore traders in Luanshicheng ore refining records.

Han Xinhe, the uncle of Han Fulai, is the head of the Seacliff Sect Law Enforcement Hall and has the right to view the materials of the overwhelming majority Seacliff Chamber of Commerce.

These refining records are no secret, the Seacliff Chamber of Commerce ore refinery will naturally not disobey the orders of the City Lord's Mansion and Han Family, just like TSMC sold Huawei's foundry vest, obediently and honestly. All refining records of the ore supplier are released.

According to Qingning Chamber of Commerce records, these ore traders acquired dozens of tons of "low-grade black iron ore" in Luanshicheng, however, according to Seacliff Chamber of Commerce records, these ore traders In total, the merchants only refined a dozen tons of low-grade mysterious iron ore.

Not only did more than 20 tons of low-grade black iron ore disappear, but the average grade of black iron ore refined by the Seacliff Chamber of Commerce was significantly higher than that sold by the Qingning Chamber of Commerce. The average grade of black iron ore.

The data of Qingning Chamber of Commerce and Seacliff Chamber of Commerce confirm each other, even without checking the accounts of ore traders, the amount of corruption of these ore traders is obvious at a glance, and can even be accurate to The exact amount of corruption per ore trader.

He Mingyuan's super-strong business ability contributed to the rapid grasp of the criminal facts of Luanshicheng Xuantie Mine, but the stupidity of these corrupt elements also played a big role.

If Yang Lu did the same thing, he would definitely buy low-grade ore from the market first, then repackage the high-grade ore produced by the Black Iron Mine, and play a civet cat for Crown Prince.

It's a bit more cumbersome to do this, but it won't leave the clues to Seacliff City.

As everyone knows, the Qingning Chamber of Commerce is far less powerful in Luanshi City than Seacliff City. On the Seacliff City side, He Mingyuan wrote a letter in the name of the Qingning Chamber of Commerce, and he could get the intelligence support provided by Han Fulai from the Seacliff Department. On the other side of Luanshi City, the Qingning Chamber of Commerce wanted to ask the senior officials of the Cloud Sect to assist in the investigation. Totally a daydream.

This is like a lawsuit by a penguin. They will try to choose the court venue in the deep city, so as to ensure emerge victorious in every battle. , did not choose to finish the dirty work in Luanshi City, but left the crime clues in Seacliff City, and even bothered to manage the Seacliff Chamber of Commerce. This is equivalent to the goose factory going to the field to file a lawsuit, and the result is self-evident.

Although the criminal facts of the corruption case in Xuantie Mine have been clearly investigated, it is not easy to recover the stolen money.

The businessmen of Nine Provinces cultivation world have various cultivation forces standing behind them, and there is no fairies without a background at all, and the backers behind Chamber of Commerce, the largest ore trader in Luanshicheng, are none other than others. It's the Immeasurable Sword Sect Merit Hall deacon who just saw it!

He Mingyuan also tried to use the account books of Qingning Chamber of Commerce and Seacliff Chamber of Commerce to ask Far East Chamber of Commerce for an explanation, but the result was of no use, and the other party refused to admit to participating in Luanshi City. The corruption case of Xuantie Mine.

Considering Li Qingning's face, the Far East Chamber of Commerce did not deny the fait accompli, but explained that the purchase of high-grade ore at low prices does exist, but this is your Qingning Chamber of Commerce's mine Steward, offered to sell the high-grade ore to us at a low price for the low-grade ore. We opened the door to do business in the Chamber of Commerce in the Far East. Can we still make this money?

As for rebates?

It doesn't exist!

If your Qingning Chamber of Commerce has evidence that we are taking kickbacks, please show it, otherwise we will never admit it!

Hearing that the Chamber of Commerce in the Far East took the lead in acting as a rogue, Li Qingning was so angry that he gnash the teeth: "This side is really shameless! It's a good thing I thought he was a good person before, didn't expect Qingning Chamber of Commerce's biggest asshole was raised by this guy!"

(end of chapter)