Rebirth of Minister Qi

Chapter 966 Where is the Money

Although Xiao Liang was only a deputy-department-level secretary, he could very naturally and directly give orders to the deputy-ministerial-level head of the disciplinary inspection team, and no one thought there was anything wrong with it.

One reason is naturally that Xiao Liang represents Qi Tongwei, but another reason is that Xiao Liang’s ability proves himself and brings him prestige.

In addition to Chen Hai, Chen Hai watched Xiao Liang and Xu Changqing chatting and laughing, and recalled the scene where he was blamed by Ji Changming and Zhang Jiying some time ago. Was it really because of his lack of ability?

After exchanging a few polite words, Xiao Liang and Xu Changqing hung up the phone and then made another call.

"Hello, Secretary Ji?

I am Xiao Liang, secretary of Deputy Secretary Qi. Long time no see.

By the way, how much useful information did Wang Pingan, the person in charge of Jingzhou Electric Power, reveal?

Yeah, I'm listening. OK.

This information is quite useful. I hope your Provincial Commission for Discipline Inspection can report it to the Provincial Public Security Department in a timely manner. Deputy Secretary Qi is also very concerned about the specific progress.

Could you send me a progress report tomorrow?

OK, OK, I'll wait for good news."

Wang Ping'an revealed an important piece of information. It was not just the 500 million yuan, but also the 1.5 billion yuan in front. He also embezzled 1 billion yuan to speculate in stocks and make loans in this private fund.

The targets of the loans were private enterprises in Jingzhou, including clothing tycoon Cai Chenggong, coal mining tycoon Qian Rongcheng and so on. These people were known as the kings of various industries in Jingzhou's private enterprises.

But the situation now is not optimistic. Cai Chenggong is deeply in debt, and the only valuable piece of land left is the factory. Many people have set their eyes on this land and are ready to take a bite of it.

The same is true for Qian Rongcheng. Coal prices have been falling year after year, and even the state-owned enterprise Jingzhou Energy cannot withstand it. Naturally, he also has difficulty in life, otherwise why would he borrow high-interest loans from private funds.

Wang Ping'an revealed that these two borrowers are now in a state of cheating. As long as they sell some assets such as land, they can still repay the loan.

Xiao Liang wrote down a few numbers in the notebook.

“Five hundred million has been found and the deduction process is in progress.

We have found 1 billion out of the 1.5 billion, and now it has been lent to a private individual, so we need to go through legal procedures to get it back.

Lin Manjiang is ready to pay back 4.7 billion.”

The puzzles are being solved one by one, and Qi Tongwei's goal is slowly being achieved.

Qi Tongwei was still discussing with Jin Xinkai how to bring down Liu Kun, deputy secretary of the Hanjiang Provincial Party Committee and secretary of the Jinchuan Municipal Party Committee.

"Tian Guofu's hands-on ability is pretty good, right? How much have you found out?

I suggest that we investigate urban construction, finance and other aspects on the one hand, and Jinchuan City’s gray industries on the other hand, especially debt collection, telephone sales, multi-level pyramid schemes, etc.

According to data I saw in the Ministry of Public Security before, the gray industry in Jinchuan City is particularly developed, private lending is very rampant, and the crime rate of debt collection is also terrifyingly high.

The so-called P2P loan software that has emerged in this period originated in Jinchuan City.

In essence, they are still loan sharking criminal organizations. However, due to the imperfect laws, it is difficult to define whether they have committed direct crimes. However, most loan sharking organizations use direct violence in the debt collection process. They are protected by local public security organs, and most of the incidents are reduced to small ones.

It’s becoming more and more rampant.”

Jin Xinkai had apparently also heard of Jinchuan City's bad reputation.

“This is what some people in some places are making fun of about Jinchuan City. They don’t develop good industries, but instead develop gray industries.

The first job for college graduates is either loan sales or debt collection.”

“This is the downside of letting local cadres take charge of everything; they are reluctant to offend established interest groups.

No matter which one they are, they don't want to do these things, they just wait to sit in a row and eat fruit.

All these loan sharking organizations have the support of grassroots officials, and perhaps even senior officials.

The situation is too rampant in Jinchuan City. It is also happening in Jingzhou, Handong Province. Several officials in Jingzhou Zhongfu embezzled more than one billion yuan of public funds for lending.

In the past two years, the domestic economy has fallen into a short-term downturn. The past extensive management methods are in the pain of transformation, and many private enterprise owners are unable to change their mindset.

Instead of focusing on building a good brand and making good products, they also think about expanding their scale and operating by borrowing money. This has given rise to a huge private lending market.

The same situation also occurred in Dong'ou City, where I was in charge when I was young, but we had made industrial plans there early on and relied on leading enterprises to serve as demonstrations.

The importance of demonstrating brand and R&D has prevented us from falling into the same predicament as Jinchuan City.”

The difficulties faced by many cities were rooted in the 1990s. At that time, Jin Qi and his team laid out industrial planning in Dong'ou City, which prevented the companies there from falling into confusion during the transformation period, because their transformation had already begun slowly in the 1990s.

In Jinchuan City, however, most of the industrial layouts have been proven to be wrong by reality. At this time, many small and medium-sized enterprises are unable to bear the risks and are eliminated by the market. In addition, economic and public security controls are lax, and interest groups and government departments are too closely intertwined.

This has led to the current predicament in Jinchuan City.

"It's easy to arrest Liu Kun, but the difficulty and pain point is to govern Jinchuan City well in the future."

Jin Xinkai sighed.

"How about this, I'll push for the Ministry of Public Security to issue an explanation clause on the illegality of usury, and then have the Economic Investigation Bureau go to Jinchuan City and catch a typical case.

As a typical case of the Supreme Court's interpretation of legal provisions, you can use this example to write an article and let Tian Guofu investigate the case involving Liu Kun and his group of cadres.

As long as they investigate to a certain extent, Li Hainiao and his men can go down again and arrest Liu Kun directly. Boss Xue will also have an excuse to hold Shi Yanan and the former top leader Yu Huabei accountable for their leadership.”

You see, this is the advantage of having someone above you. You can find a suitable handle and directly issue legal provisions within the public security, procuratorial and judicial systems, declaring that your actions will be illegal in the future.

Of course, we can't just say this is illegal and that is illegal. The reason why Qi Tongwei is so confident is that even a child can see that usury involves illegality and should be dealt with.

And if your superiors support it and approve it, then you can take action.

Pei Yihong, the leader above Shi Yanan and Yu Huabei, has already retired and has no strong backing. Naturally, they are powerless against Qi Tongwei and the other two.

"Then I will wait for your cooperation in the first wave of operations. I will let Tian Guofu investigate the information here first. The Public Security Bureau is either one of us or it is a hindrance."

The Discipline Inspection Commission has been parachuted in, so the Public Security Bureau will keep its own people. This was one of Shi Yanan's insistence at the beginning. If the two major violent organizations are not her people, how can she feel safe as the top leader.

I forgot to post the comics yesterday.