Madien did not expect that the young and smiling Kathleen would be a nightmare that wanted to push him to a dead end!
However, he figured out the reason for it.
Misappropriation of corporate funds has always been the most disgusting thing for shareholders of large corporate groups.
Although the shareholders hold a lot of shares, they generally did not intervene directly in the operation of the company. The operation of the company is generally handed over to the founder of the shares that have a small percentage to bear.
Many well-known large companies in this world were basically the same.
If the company originally has a net profit of five hundred million US dollars, then after setting next year’s budget aside, if one wanted to take out the rest of the money, it would be to give all the shareholders a proportional share of the dividend.
However, although Madien was the founder of the company, he had sought continuous financing for the company’s growth and development, and he ended up giving up a lot of shares. Madien was able to grow the company as expected to the market value of ten billion US dollars by relying on the money from these investments.
However, Madien was only left with ten percent of the shares. If the five hundred million US dollars were used to give out dividends, he would only receive fifty million US dollars, and he would have to take out nearly half of that sum to pay taxes to the Internal Revenue Service.
Therefore, Madien had decided not to use the five million US dollars for dividends and had instead used it directly to engage in investment. However, the said investment was, in fact, money laundering. Even though five million US dollars was taken out, at least three hundred million US dollars had gone back into Madien’s own pocket. Compared to honestly giving the shareholders their dividends, this was the way to make more money faster.
There were a large number of mergers and acquisitions cases in a general listed company every year. Although it could not be guaranteed that every acquisition could make money, some of the projects were also justified.
Madien had planned the acquisition solely based on this point.
However, he never expected that Amily, who was usually obedient and even felt a little like his slave sometimes, had gathered so much evidence on him and exposed him directly in front of Kathleen.
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