Hiromasa Eto, the president of Rikulut Co., Ltd., is a fish in water in politics and business with his background at the University of Tokyo.
At the beginning, Mikhail, the dragon who crossed the river, also relied on him to break into Japan's political and business circles.
Vice Hiromasa Jiang has a deep connection with the three major factions of the "Yasutakenomiya" in the Liberal Democratic Party, referring to Shintaro Abe's Abe faction, Noboru Takeshita's Takeshita faction, and Kiichi Miyazawa's Miyazawa faction.
Jiang was giving away shares of the unlisted Rikulut Co., Ltd. to the three elders and other politicians under him, and after Rikulut was listed on Japan's Growth Enterprise Market (JASDAQ), these politicians sold their shares one after another.
In order to avoid people's eyes, they need to send all this shady money abroad, and Mikhail once assisted Noboru Takeshita, who was still the Minister of Finance at the time, to deal with the money, so Mikhail knows the inside story well.
Now, in order to solve the bad debt turmoil in the Japanese banking system that broke out because of the Seibu Group, the Takeshita cabinet plans to launch an emergency bank rescue plan to divest the bad debts of the Japanese banking system.
Seryosha must not allow this plan to be passed by the Japanese Diet.
So the Rikulut stock thing is Seryosha's only chance to fight back.
Mikhail left the Japanese market and went to the United States to expand his territory after the signing of the Plaza Accord, when the yen began to soar.
On the Japanese side, there is only a small amount of business left to be taken care of by the employees here.
Compared to Columbia's thriving business in the United States, business in Japan is much more monotonous.
But even so, Seryosha could not get Mikhail to directly come forward and denounce Takeshita's bribery, and they had to use some tricks to quietly stab the matter to the Japanese media.
The whistleblower is naturally the Swiss Muddy Waters Company, and in just over a month of events, the Muddy Waters Company has gone from being unknown to becoming a household name.
And Japan's economy has also begun to have serious problems because of the financial analysis report of Muddy Waters, and now the banking system in Japan is facing a crazy run on depositors, because according to the report of Muddy Waters, the Seibu Group was able to buy one-sixth of Japan's land in just a dozen years, and the biggest dependence is Japan's loose credit system.
The Seibu Group has grown from a regional commercial real estate company to the world's largest trading company thanks to the boom in the real estate market, and Japan's banking system has played a major role in this.
And now the Seibu Group, which has been continuously shorted and its stock price has plummeted, is in a deep debt crisis, and the construction companies, building materials companies, design companies, and banks that provide financing for the Seibu Group are unable to recover their debts from the Seibu Group.
A large number of real estate-related industries in Japan will be wiped out as a result, and the bad debts that bought one-sixth of the country's land during the period of high land prices are enough to completely collapse the Japanese banking system.
At the same time that the United Bank of Japan announced the temporary suspension of all deposit and withdrawal operations, Japanese depositors have also lost trust in the bank, and neither the Bank of Tokyo-Mitsubishi nor the Sumitomo Bank can survive the turmoil.
However, they are still holding on, and they will not turn to the Japanese government for help until the last minute of exhaustion, and accepting the emergency bank bailout plan means that these banks will have to accept the guidance of the Financial Services Agency and completely lose their independence to operate independently.
If it hadn't been for the heavy losses caused by poor decision-making a few years ago, the Union Bank of Japan would not have gotten to this point.
However, in addition to turning to the Ministry of Finance, they are now seeking help from other major conglomerates in the country, and even if they are eventually taken over by the Bank of Tokyo-Mitsubishi and Sumitomo Bank, it is much stronger than being controlled by the Financial Services Agency.
It is precisely because all the stakeholders involved have their own careful thinking that the emergency bank bailout plan that should have been decided as soon as possible has been delayed, and the United Bank of Japan has no choice because it has only one breath left, but those banks that have not yet fallen into a large-scale run will not agree to the emergency bank bailout plan, because once there is a precedent, then the troubled banks in the future will have to follow this precedent.
No one wants to let the government take control of the banking system so easily.
On the Diet side, Noboru Takeshita easily got rid of the members of the Ampere faction and the Miyazawa faction, forming an alliance of interests, and at present, it seems that the Liberal Democratic Party, which has an absolute majority in the parliament, should not have too much difficulty if they unite to pass the emergency bank bailout plan, but the problem is that the banking industry has a lot of criticism about some key points in this plan, because they feel that the government only needs to contribute money, and should not interfere too much in the operation of the banks.
It was at this time that a letter of accusation from Switzerland was sent to the Yomiuri Shimbun, which had been in close contact with Muddy Waters.
When the editors of the Yomiuri Shimbun thought it was another "short report" on a Japanese company in Muddy Waters, they realized that they were really wrong.
This is actually an analysis of the shareholder relationship of Rikulut Co., Ltd., which is listed on the Japanese Growth Enterprise Market JASDAQ, and the Yomiuri Shimbun couldn't help but gasp when it saw the true identities of these shareholders who had not been disclosed by Rikulut Co., Ltd.
The names on this list are very unfamiliar to most ordinary people, but for the reporters who run the news, they can easily recognize who these people are, among them, the Yomiuri Shimbun actually found that the name of Minister Takeshita, Chief Cabinet Secretary is the secretary, and the name of his son-in-law is also on it.
In addition, former Prime Minister Yasuhiro Nakasone's right-hand man, the nephew of Michio Watanabe, chairman of the Liberal Democratic Party's Political Affairs Research Committee, the secretary of Koichi Kato, a major minister of the Miyazawa faction, the subordinates and family members of Kiichi Miyazawa, deputy prime minister and Minister of Finance, and Shintaro Abe's subordinates are all listed.
Look at this long list detailing the shares they hold in Rikulut and the cost of purchasing them.
The editors of the Yomiuri Shimbun are simply happy, and if this list is true, more than half of the LDP's members of the Diet will probably be involved.
Is this the Watergate scandal in Japan?
Although the report is not yet fully certain, it is not difficult for Yomiuri Shimbun reporters to check it out, as long as they go to the Tokyo Stock Exchange to verify it.
However, the cost of buying shares for the relatives and subordinates of the officials listed in this list is actually one yen, and the stock price of Rikulut Co., Ltd. is now several hundred yen t1706231537: