Investor That Can See The Future

Chapter 206

Park Si-hyung has been through many crises in business and politics. But he overcame all those crises and came to this position.

He enjoyed enough power and earned enough money.

Now that he has safely stepped down from the presidency, all that remains is for him to live a comfortable retirement. If it wasn’t for Kang Jin-hoo.

If it had been Korea, he would have used power and money to block it somehow. But there was nothing he could do to stop what was going on in America.

‘Will all the problems be solved if only after the earthquake disappears?’

As the political numbers were blocked, I had all kinds of thoughts.

I should have gotten my hands on it before things like this happen… … ,

Jinhoo Kang is the hero who saved California. If something goes wrong, America will never stand still.

Besides, if you think about it coolly, it is not a problem that can be solved just because the Gangjinhu disappears.

The reason Park Si-hyung was aware of his flaws and covered them up was because he didn’t think it would become such a problem.

Rather, if the airbags exploded one after another immediately after shipment and dozens of people died, he would have taken action earlier. However, even though more than 50 million units were shipped, only a few hundred had problems.

‘This riot with only a dozen dead.’

Wouldn’t there be more people who died from choking while eating candy?

In the midst of finding a solution, Karos eventually announced to the media that Eunsung’s airbag was defective. Eunseong-cha did not respond in any way.

This is because he could escalate the situation if he reacted wrongly.

The recall and the bankruptcy of PAS were no different. Even bigger, the U.S. Department of Justice has launched an investigation into the cover-up.

Did I say bad news doesn’t come alone?

In a busy situation to find countermeasures, Secretary Lee Il-sun suddenly appeared at the National Police Agency. After a few days of no contact, he appeared without permission.

Surprisingly, he revealed in front of the press that the president had ordered a control demonstration to a conservative group.

It was an inevitable choice for him.

If it had been in the past, he would have moderated the trial and issued a suspended sentence when the public’s interest waned. And after work, I would have been able to get a seat at Eunsung Cha or PAS.

But now I’m a police officer and a prosecutor, and I’m in a rush to get a job later.

If you claim it’s a torso for nothing, there’s a high chance that you’ll end up writing it down on your own. On the other hand, if he only passed the instructions, he could avoid responsibility.

Park Si-hyung, who was watching the scene on TV at the Blue House residence, was shocked.

“What a motherfucker!”

He took the rootless bastard and made him his secretary. It’s a betrayal when it won’t be enough to repay your kindness throughout your life!

But this was only the beginning.

Once the cracks have formed, they spread out in all directions in an instant.

* * *

The U.S. National Highway Traffic Safety Administration has issued a compulsory recall order for vehicles equipped with PAS airbags. Other countries have also considered similar measures. Only the Korean government was left behind.

Automakers, who are expected to benefit from reflexes, were delighted. There were even places that openly advertised, ‘Our car’s airbags are safe’.

It was followed by a hearing in the US Congress.

One after another, PAS executives were called to the United States. If you do not attend voluntarily, you will be registered as a Red Notice by Interpol, so there was no other way.

Even during the Toyota recall, intentional concealment became a serious problem. Toyota paid a $1.2 billion fine in exchange for a deferred prosecution. But there’s no way the PAS has enough money. After that, the related laws were strengthened, and even if a fine was paid, prosecution could not be avoided.

Someone must be held accountable. That responsibility meant redemption. At least a few years in prison.

American prisons are notorious for being racist. What will happen if people of color enter into corporate crime in such a place?

The payoff is too great to carry a gun with loyalty or loyalty alone. And loveliness only happens when the company is in good shape. What kind of love is there when the company disappears after living in prison for a few years?

Senators questioned who was ultimately responsible for ordering the cover-up. The key is to what level the report went up and who gave the order.

PAS officers were willing to testify to avoid liability.

It is said that he reported several times to Park Si-hyeong, the governor of Gyeonggi-do at the time, and he directly ordered the cover-up. First of all, anything is difficult. As someone started to speak first, testimonies and evidence poured in.

“Even after the election of the president, I went to visit with a monthly financial statement report.”

“I reported every time there was an airbag-related accident.”

‘Excluding CEO Park Si-han, important decisions were made by Park Si-hyung himself.’

The hearing process was broadcast live, and everyone who watched was astonished.

The real owner of PAS must have been the President of Korea!

* * *

-(Jin Yeo-Jun) The full-scale tribute broadcast of your Excellency begins. Unfortunately, today is the last broadcast. We’ve been brushing our teeth hard about who PAS is, but now we don’t have to do that anymore.

– (Jo Woo-jin) Because it has finally been revealed that PAS will be dismissed.

-(Cho Woo-jin) The first issue of PAS beneficial ownership came up during the last presidential election of the Korean People’s Party.

– (Jin Yeo-Jun) Let’s listen to your remarks at that time.

-What about PAS? Who is the beneficial owner? These are all blatant lies! I’ve never lived a life like that! You all know this is a lie, right?

– (Jin Yeo-Jun) Uh-huh! It’s funny to hear it again.

-(Jo Woo-jin) Every time I listen to it, I burst into laughter.

– (Yeo-Jun Jin) How frustrating must you have been in the meantime? No, who in the world can’t say his company is his company? Hong Gil-dong, what is it?

– (Cho Woo-jin) I am so glad that you have your company back even now.

-(Jin Yeo-Jun) But what is it about this group of complete scammers, all those who were called to the US hearings called out your name. I have no intention of carrying a gun for anyone. I am the body! I’ll go to jail instead of you! Why can’t you speak?

-(Jo Woo-jin) As I said before, your Excellency only thinks of you. Your Excellency doesn’t take care of the people around you, so why would they take care of you?

– (Jin Yeo-Jun) Your meticulous Excellency trusts no one. Even his real brother couldn’t trust him, so he took care of PAS’s work even after he became president. That’s how it happened

– (Jo Woo-jin) Your sincerity has caught your ankle. Your Excellency is feeling unfairly right now, and you may be resenting the dead President Tak Kwon-taek.

-(Jin Yeo-Jun) That’s right, wouldn’t this have happened if PAS hadn’t taken over TKT Precision in a fraudulent relationship with Eunsung? And the data of the late President Tak Kwon-taek was the decisive blow. It was because the details of notifying Eunsung Motors and PAS of the airbag defect several times and reporting to the relevant organizations were revealed. Perhaps your Excellency thinks that the Emperor has been stabbed by a slave.

– (Jo Woo-jin) He was stabbed twice. One with an airbag defect, the other with revealing a cover-up.

-(Jin Yeo-jun) There is a saying that a slave is stabbed twice. Anyway, the person who reported to us asked us to say this. After the late President Tak Kwon-taek learned that the airbag he had developed was defective, he did his best to make it known. However, Eun Seong-cha and PAS kept their mouths shut and rushed to hide the truth.

– (Jo Woo-jin) Now you have to pay the price. Your Excellency remains only to be investigated as soon as your term of office is over.

– (Jin Yeo-Jun) Uh-huh! You go to jail!

* * *

The spark went straight to politics.

When Choi Moon-gil ran for president, the composition of one conservative and two progressive candidates was created.

Lee Jung-hye was leading the way by widening the gap, thanks to the Liberal National Party’s absorbing the center-conservative class through image renewal and Choi Moon-gil nibbling up some of Heo Chang-min’s votes.

Her dream of becoming a president was right in front of her eyes.

If this continues, the first female president will be born. However, just before the vote, a huge bad news broke out.

No matter how much they stand up against the pro-Park community and cry for regime change, it is difficult to deny that the Liberal National Party is inherently related to Park Si-hyung.

In particular, Lee Jeong-hye served as a spokesperson for Park Si-hyeong’s campaign during her last presidential election, and she has a history of actively defending her PAS room owner when the issue arose.

At the presidential debate, the New Politics Party’s Heo Chang-min attacked that point.

“In the last presidential election, Candidate Jeong-hye Lee argued several times that the PAS had nothing to do with President Park Si-hyung. Are you still thinking the same thing?”

Jeonghye Lee evaded her answer, and she spoke bluntly.

“I think we should watch the investigation a little more,” she said.

“Is it true that the PAS is President Park Si-hyung or not? If that’s true, you abused your power for your own company, and you are collaborating with Eun Sung Cha in politics and business. This is a matter that should be arrested as soon as your tenure ends. Candidate Jeong-hye Lee, please say it once. So who is PAS?”

As her interrogation continued, she struggled to deny it.

“You cannot make this claim based on facts that have not yet been confirmed.”

“Didn’t the PAS officers testify at the US Congressional hearings?”

“So how can you believe what they say?”

“Did you see the video floating around the internet recently?”

Heo Chang-min played the video he had prepared.

In a video secretly filmed in-house lectures at the beginning of the establishment of PAS, there was a scene in which Park Si-hyung said that he established and operated PAS.

“Even so, isn’t PAS President Park Si-hyung?”

“that’s… … .”

When there was nothing to refute, Jeonghye Lee spit out whatever came out.

“There is no subject.”

“Yes?”

She said, “I just said ‘I found and run PAS,’ didn’t I just say ‘I do’?”

Heo Chang-min asked because it was ridiculous.

“Are you joking with me now?”

“Hey, are you kidding me?”

“Then what is the absence of a subject if it is not a pun? This is fooling the people.”

Lee Jeong-hye, who stabbed her in the face, frowned and shouted while pointing at her.

“No, what are you talking about? You must resign from your candidacy immediately!”

* * *

[President Park Si-hyung directs airbag defect concealment][The suspicion of the true owner of PAS, which has been controversial for a long time!][Who is PAS?][President Park Si-hyeong silently answered][No announcement from the Blue House]

Han Min-goo muttered as he watched the pouring media articles.

“It ended up like this.”

As it was revealed that the actual owner of the PAS was Park Si-hyung, the various benefits that Eunsung Motors received from the government would inevitably become a problem.

All support for hydrogen vehicles, which was being promoted under the government’s leadership, will be halted immediately.

‘Maybe it would be better… … .’

Unlike hydrogen cars, electric vehicles have limitations in terms of battery capacity and charging time. However, Professor Homin Kim has developed a next-generation battery that goes beyond that limit.(Read more @ wuxiax.com)

It will take some time before commercialization, but at this point, the scale has already shifted toward electric vehicles.

The hydrogen car camp had already shown signs of leaving, but with this incident, it was completely over.

Eunsung Motors has invested a lot of money in hydrogen cars so far, and it was only about to mass-produce two new cars after completing development. However, even if it was released in this atmosphere, there was no way it could be sold.

For now, the future car development plan needs to be reexamined from the beginning.

‘Where the hell did it go wrong?’

Since the sale of Karos? Since when I was hostile to Kang Jin-hoo? Or, from when DHK Engineering went bankrupt?

Perhaps there were several opportunities for reconciliation.

What would have happened if Eunseong had sincerely apologized and asked for cooperation when she found out that her family was ruined by Eunseong’s car and that his father had died? Would something be different from now?

It’s already too late to regret.

Now that I think about it, even if it wasn’t for Jinhoo Kang, it would have exploded someday.

Why didn’t she do anything when she found out the airbag was defective?

Was it just because of the partnership with PAS? Could it be that you were comfortable thinking that there would be no problem with such a defect?

‘I must have gotten old too.’

The current situation was the worst crisis for Eunseong.

However, Eunseong Cha is not weak enough to collapse as it is. I have enough cash and stamina to survive.

Toyota, too, was at a time when the company stumbled due to the recall, but has not it all been overcome now?

Eunseong Cha could definitely do that too.

But before that, someone had to take responsibility for this situation.

Han Min-koo gave the final instructions as chairman.

“Prepare for the press conference.”

Chairman Han Min-koo held a press conference at the headquarters.

“Eunsung Motor will recall all vehicles equipped with PAS airbags for consumer safety. This will be the same for all countries and will proceed as soon as parts are available. We promise that all employees will do their best to solve the problem as soon as possible. We apologize to all consumers who have loved Eunsung Tea.”

The announcement of the Eunsung car recall immediately went up as breaking news. But a more important announcement was still to come.

Chairman Han Min-koo spoke calmly.

“I take full responsibility for this. I will take responsibility and step down from all positions including Eun Seong-cha as chairman of this time. I apologize once again.”

After finishing the presentation, Chairman Han Min-koo bowed his back 90 degrees.

It was a shabby look for the retirement of a giant who led the second-largest group in the business world.