Chapter 383: Surprise
Qi Tongwei went down and took a look around, but did not find any valuable clues. They were all common problems, which were not enough to start the anti-corruption campaign in the financial sector.
He knew very well that there were definitely more than just these few problems in the financial sector.
It's just that he has no experience in financial work and is not aware of the tricks involved.
So he found his wife Pei Qianqian and asked her to invite his cousin Pei Xiaowei to their home.
My cousin Pei Xiaowei's husband Liu Lijun was a bank executive who later died of leukemia. She also worked at the head office of China Bank and was very familiar with some of the tricks in the financial system.
"Brother-in-law, your method is probably only used in county and township banks. Real bank executives rarely operate that way." Pei Xiaowei denied Qi Tongwei's understanding of the corruption methods in the banking system.
Qi Tongwei mostly talked about loan rebates and corruption using engineering projects.
Hearing his cousin's comments, Qi Tongwei did not feel dissatisfied at all, but quickly asked: "Then tell me, what method will they use?"
Qi Tongwei lowered his posture and humbly asked for advice from his cousin who worked in a bank. This was also the main purpose of looking for Pei Xiaowei today.
Pei Xiaowei rolled his eyes and said, "Brother-in-law, how should you thank me?"
"Let your sister accompany you shopping tomorrow. I'll buy you whatever you like." Qi Tongwei thought for a while and said. Pei Qianqian also nodded with a smile. She has a very close relationship with her cousin.
"Okay, then just listen to me and I'll tell you slowly."
Knowing that her cousin was a wealthy woman, Pei Xiaowei didn't hesitate to cross her legs on the sofa and started talking about corruption in the banking sector.
"Brother-in-law, the methods you just mentioned are already used by others! The anti-corruption campaign is so intense now, wouldn't it be courting death if you do that?"
Qi Tongwei did not interrupt Pei Xiaowei. He really did not understand the bank's corruption methods. He only knew about loan rebates, bad debt handling, and project construction.
Seeing that her brother-in-law, a provincial party secretary, was seeking advice from her, Pei Xiaowei's vanity was satisfied, so she told him all the methods of corruption that she knew.
Two of these methods are relatively novel.
“The most popular method now is the retirement employment method, which is usually popular in large companies or real estate companies.
Usually, bank executives violate regulations while in office by helping a company obtain loans or embezzling special funds, but in the process, they do not embezzle a penny and appear to be clean.
If it is found out, it is just a mistake at work. At most, it will be treated as a disciplinary violation and the person will be fired.
However, when he retires or is fired, it will be natural for him to join a company.
And that company would usually offer him a very high salary to repay his past help. Some people's annual salary could even be as high as hundreds of millions of yuan!
Think about it, is it reasonable for an executive who was originally engaged in banking business to get such a sky-high annual salary just after starting working in the corporate world?
In fact, this is a hidden form of bribery, but it is difficult for us to pursue his criminal responsibility through legal means. "It was the first time that Qi Tongwei heard of such a method.
No wonder some companies’ loans were misappropriated and the regulatory accounts set up by banks were ineffective. It turns out there is such a huge chain of interests behind it.
"Aren't those bank executives afraid that these companies will not honor their debts?" Pei Qianqian asked curiously.
"Don't worry. If this company dares not to admit its mistake, once the news spreads, not to mention illegal loans, even regular loans will not be approved in the future. This is their tacit understanding and no one dares to disobey it." Pei Xiaowei explained.
"What else!" Qi Tongwei asked with a heavy heart.
"The other method is relatively simple. Those who use this method are usually second-generation or third-generation gangsters or some whitewashed gangster bosses.
Let me give you an example and you will understand. For example, a third-generation family member will register many companies and then borrow money from the bank in the name of these companies.
The interest rate on their loans is very low, estimated to be just slightly higher than the deposit interest rate, and the annual interest rate does not exceed 2% at most.
就按2%计算，1万元一年的利息也就是200元，一个亿的利息就是200万。假设他从银行贷款600亿人民币，一年的利息就是12亿元。
But things are different when these 600 billion fall into the hands of a certain third generation.
Many companies cannot get loans from banks, but in order to run the company, they have no choice but to look for those who can get loans from banks, commonly known as bridge loans.
Their interest rates are very high. Although it cannot be considered usury and is still within the scope of legal protection, it is also very high.
Let me do the math for you and use the most conscientious loan interest rate.
If we calculate it based on a monthly interest rate of 100% (a really fair price), the interest on 1200 yuan per month is yuan, which is yuan per year.
The interest on 1200 million is 600 million, and the interest on 72 billion is 60 billion. Excluding the bank interest, his annual profit is billion.
Think about it, what kind of business can earn 60 billion a year and is a sure win?”
Qi Tongwei stared at Pei Xiaowei blankly: "Is this still possible?"
Pei Xiaowei's answer surprised him. He didn't expect there was such a way to make money. This reminded him of his previous life. He thought about how stupid he was.
"Aren't you afraid that you won't be able to pay back such a high interest rate?" Pei Qianqian said from the side. This was also the first time she heard of this method.
"What are you afraid of? This loan contract does not exceed the scope of legal protection. Once someone fails to repay, the court trial procedure will be initiated and the company will repay the borrower.
They can just resell the company and get the loan back, but the borrowers are the ones who are afraid," Pei Xiaowei explained.
Pei Xiaowei's words fully confirm the value of the saying that power is money. As long as you have power, you don't have to worry about not having money. Only a fool like Zhao Ruilong would use industry to make money.
Seeing Qi Tongwei lost in thought, Pei Xiaowei struck while the iron was hot and continued, "As long as you have power, it is too easy to engage in corruption, and those who directly accept money are the most vulnerable.
Take the bidding and tendering that our government often conducts as an example.
Those companies or teams that actually do the work are often not the companies that won the bid, and they are not even considered second or third-best companies.”
Hearing this, Qi Tongwei nodded slightly to show his agreement.
This is also the focus of his next rectification. Currently, the winning company is basically not doing any work.
After winning the bid, they will take a considerable portion of the profit and then subcontract the entire project to the next unit.
With this level of subcontracting, the contractor who is actually responsible for the specific construction operations may be the fourth, fifth, or even later contractor.
At this point, the profits that fall into the hands of those who actually do the work are already pitifully small.
These people work to make money, and no one would do unprofitable work.
In order to gain more benefits in this situation, some people started to think crookedly.
They cut corners to reduce costs; at the same time, they find ways to delay and deduct the hard-earned money of the migrant workers.
"It seems that my next task is still very heavy. It is still difficult to solve so many problems within five years." Qi Tongwei said to himself.
"If you can solve all these problems, Handong will definitely become the strongest province in the country, and even surpass 99% of the cities in the world." Pei Xiaowei didn't believe that Qi Tongwei could solve all these problems.
Qi Tongwei didn't say anything, but he had already made up his mind to solve these problems as much as possible during his term of office.