Chapter 1031
Chapter 1041:
Following a brief pause, Elmo remarked, “You should have examined it thoroughly. To secure controlling shares, one needs at least 30%. Joseph holds 17% of the stock, and Robert owns 16%. Whoever our father bequeaths his shares to will attain controlling shares. That’s why they’re so self-assured. On the other hand, I need to obtain 29% more of the shares… Hah!”
Elmo refrained from delving further into the matter. The Olson family’s ironclad rule dictated that an illegitimate child could not possess more than 2% of the shares.
Candice, with an air of elegance, seated herself in the swivel chair facing Elmo’s desk. She turned gracefully to smile out of the French window and asked, “You weren’t aware of this? If Joseph and Robert are sentenced to life imprisonment, they will be legally stripped of their inheritance rights.”
Elmo was taken aback.
Candice extended her slender hand, counting off on her fingers. “Illegal business operations, capital evasion, tax evasion, precious metals smuggling, illegal firearm possession, cross-border smuggling, unlawful acceptance of public deposits, fraudulent fundraising, and disruption of…”
The international financial order. Not to mention their personal transgressions like womanizing, false imprisonment, aggravated assault, and indecent assault.
They’ve committed an abundance of crimes. I can’t even count them all on my fingers. Do you think they can keep buying their way out of justice all their lives?
Candice gestured toward the USB drive she had handed to Elmo and stated, “All the evidence of their crimes is right here. I’d already submitted it to the prosecutor’s office before returning.”
At this point, Candice checked her watch and added, “By now, someone should already be at their door, ready to apprehend them.”
Elmo was taken aback, not expecting Candice to act so swiftly.
“But…” Elmo interjected, raising a concern. “Let’s assume that I can acquire shares from minority shareholders in the market, combining them with my own, which amounts to 16%. Even then, it still won’t be enough, as my father is planning to allocate 15% of his shares to Sigrid. After all, she’s the legitimate daughter, and her mother, Paisley, is my father’s fourth wife. I suspect my father is more inclined to entrust his shares to Sigrid and have her exchange them for shares in Royal Garden Corporation.”
𝖒𝖔𝖗𝖊 𝓬𝓱𝓪𝓹𝓽𝓮𝓻𝓼 𝗳𝗿𝗼𝗺 gⲁ𝗅𝗇𝗈ν𝖊𝗅𝘀⧴ℭ𝗈𝗺
Candice’s eyes narrowed, and she abruptly stood up. “If Sigrid can’t afford to take on the 15% of shares, she’ll opt to relinquish them.”
Elmo inquired, “Why…” Before he could complete his question, he abruptly fell silent.
Elmo had discerned that something had gone awry with the Olson family’s auction houses, pawnshops, galleries, jewelry trading centers, and design firms. Several auction houses had been compelled to suspend their operations due to suspected money laundering, incurring substantial losses. The sum required for compensating clients alone was astronomical.
The gallery had been implicated in the sale of counterfeit artworks and laundering funds to bribe high-ranking officials. Furthermore, the design company had been embroiled in a plagiarism scandal.
Each of these developments had dealt a severe blow. In recent times, the Olson family had been grappling with the fallout from these unexpected predicaments, leaving them thoroughly exhausted.
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