The Fourth Financial Crisis

Chapter 99 Breakthrough in the Corruption Case

Precisely because they attach great importance to compliance management, the law enforcement halls of all major cultivation sects have very powerful powers.

For example, Han Xinhe, the top leader of the Haiya Sect Law Enforcement Hall, is recognized as the third in command of the Haiya Sect, second only to the leader Jiang Hua'an and Su Yuanfeng, the president of the Haiya Chamber of Commerce; and Fei Fan, the elder of the Shanying Sect Law Enforcement Hall, is the The recognized second-in-command of the Eagle Faction, his status is second only to the leader Chen Ming.

It is precisely because of compliance considerations that all sects in the southeastern coastal areas of Zhongzhou will choose to purchase black iron ore in Haiya City.

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

Therefore, even if the ore traders want to find other places to sell their stolen goods, and are even willing to provide a large discount compared to the open market price in Haiya City, no sect's purchasing staff would dare to take the risk of eating this batch of goods.

Compliance is always a priority for purchasing personnel of various majors.

You said you do underground trading to save money for the sect?

Sorry, that’s what corrupt people say too!

There are some things that you either don’t do, and as long as you do them, you can’t wash them away even if you jump into the Yellow River.

Therefore, those ore traders who collect wool from the Black Iron Mine in Luanshi City have no other shipping location to choose from. Only the Haiya Commodity Exchange can handle such large quantities of goods.

Not only that, ore trading is somewhat similar to coal trading, with differences in ore quality.

Unlike the earth, which artificially divides coal into 4,500 kcal, 5,000 kcal, and 5,500 kcal for quotation based on different calorific values, the trading volume of black iron ore is not as large as that of earth coal.

As we all know, the effectiveness of commodity quotations often depends on the trading volume. If the trading volume of a certain commodity is not large and the quotations are separated according to different qualities, there will be a risk of commodity price manipulation. This is a common problem in almost all ore trades.

Haiya City is an important commercial town in Zhongzhou, so the City Lord's Mansion is naturally familiar with these common sense of business.

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

According to the regulations of the Haiya City Commodity Exchange, any low-grade black iron ore with a purity lower than 10% must pay a certain processing fee and be handed over to the Haiya Chamber of Commerce for secondary refining. It is not allowed to be listed and traded until the purity reaches 10%. .

This avoids the uneven quality of black iron ore, resulting in scattered ore quotations that cannot be referenced from each other.

The full name of the [Standard Black Iron Ore Price] announced every day by the Haiya Commodity Exchange is actually the [Daily Listed Price of 10% High-Grade Standard Black Iron Ore].

On Earth, metal refining mainly consumes fossil energy. In the world of cultivation, metal refining mainly uses spiritual energy.

Unless the ore merchants pay a high price to hire cultivators to serve as human flesh refining machines, or spend huge sums of money to build an ore refining array, they will simply not be able to refine low-grade ore into high-grade ore.

However, the capital investment required by both methods is very large, which is simply not something that ore traders can afford. They have no choice but to follow the rules of Haiya City.

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

The biggest difficulty in the corruption case at the Xuantie Mine in Shicheng is that there are no accounts to check. The Qingning Chamber of Commerce neither has the financial accounts of the ore traders nor the logistics and warehousing information of the ore traders. It has no idea how much wool these traders have harvested in collusion with the insiders. If these profiteers categorically deny it, the Qingning Chamber of Commerce will also There is no good solution.

But this group of corrupt elements cannot bypass 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 Haiya City Lord's Palace send an official letter to the Haiya Chamber of Commerce Ore Refinery to inquire about the ore refining records of the major ore traders in Luanshi City.

Han Fulai's uncle Han Xinhe is the head of the Haiya Sect's law enforcement hall, and he happens to have access to most of the Haiya Chamber of Commerce information.

These refining records are not a secret. The Haiya Chamber of Commerce Ore Refinery will naturally not disobey the orders of the city government and the Han family. Just like TSMC sold Huawei's OEM vest, it honestly handed over all the refining records of the ore supplier. .

According to the records of the Qingning Chamber of Commerce, these ore traders purchased dozens of tons of "low-grade black iron ore" in Luanshicheng. However, according to the records of the Haiya Chamber of Commerce, these Luanshicheng ore traders only refined a total of more than a dozen tons of low-grade black iron ore. Grade black iron ore.

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

The data from the Qingning Chamber of Commerce and the Haiya Chamber of Commerce corroborate each other. There is no need to check the accounts of the ore traders. The amount of corruption of this group of ore traders is clear at a glance, and the specific amount of corruption of each ore trader can even be accurate.

He Mingyuan's superior business ability was indispensable for being able to grasp the criminal facts of Luan Shicheng Xuantie Mine so quickly, but the stupidity of these corrupt elements also played a big role.

If Yang Lu were to do the same thing, he would definitely buy some low-grade ore from the market first, subcontract the high-grade ore produced by the Xuantie Mine, and play a civet cat in exchange for the prince.

Although this operation is more troublesome, it will not leave clues in Haiya City.

As we all know, the power of the Qingning Chamber of Commerce in Luanshi City is far less than that of Haiya City. On the Haiya City side, He Mingyuan could write a letter in the name of the Qingning Chamber of Commerce to get intelligence support from Han Fulai of the Haiya faction. On the Luanshi City side, the Qingning Chamber of Commerce wanted to find senior officials of the Guyun Sect to assist in the investigation. Totally a daydream.

This is like a certain penguin who will try his best to choose the venue of the court hearing in Shenzhen City when he files a lawsuit, so as to ensure that he will win every battle.

For the sake of convenience, the corrupt elements in Xuantie Mine did not choose to finish their dirty work in Luanshi City. Instead, they left the criminal clues in Haiya City and did not even bother to deal with the Haiya Chamber of Commerce. This is equivalent to Goose Factory going to another place to file a lawsuit, and the result is self-evident.

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

Businessmen in the Kyushu cultivation world are backed by various cultivation forces. There is no goblin without a backing. The backer behind the Far East Chamber of Commerce, the largest ore trader in Luanshi City, is none other than Fang Jiancai, the deacon of the Merit Hall of the Wuliang Sword Sect. !

He Mingyuan also tried to use the account books of the Qingning Chamber of Commerce and the Haiya Chamber of Commerce to ask for an explanation from the Far East Chamber of Commerce, but the result was of no use. The other party refused to admit that it was involved in the corruption case at the Luanshicheng Xuantie Mine.

Taking Li Qingning's face into account, the Far East Chamber of Commerce did not deny the fait accompli. It just explained that buying high-grade ore at low prices does exist, but this is the mine manager of your Qingning Chamber of Commerce, who proactively proposed to buy high-grade ore at low prices. If high-grade ore is sold to us at a low price, and our Far East Chamber of Commerce is open to do business, can we not still make this money?

As for giving a kickback?

nonexistent!

If you, the Qingning Chamber of Commerce, have evidence that we took kickbacks, then just bring it out, otherwise we will never admit it!

Hearing that the Far East Chamber of Commerce took the lead in playing rogue, Li Qingning was furious: "This Fang Jiancai is really shameless! Fortunately, I thought he was a good person before, but I didn't expect that the biggest worm in the Qingning Chamber of Commerce was raised by this guy!"

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