Chapter 307 An Ominous Premonition (1)_1
"Xiao Muli, what exactly do you want?" Xiao Yongxin said with a voice he believed to be calm. Yet he didn’t realize that his own voice was trembling. Observers were wondering what kind of information had frightened Xiao Yongxin to this extent.
"You ask such a funny question, I have already stated what I want," Xiao Muli replied with a stern face, coldly. "Xiao Yongxin, what’s it going to be? What’s your decision now?"
"Give me a moment to think," Xiao Yongxin said, attempting to calm himself. However, his mind was still clouded, and he couldn’t come up with a viable strategy on the spot. He wanted to buy time, to think of a solution.
He never anticipated that the company’s accounts, which Xiao Muli had gotten hold of, had been manipulated so easily by him. They weren’t exactly mistakes, but rather the fraudulent accounts he had concocted with the Chief Financial Officer of the company.
In the beginning, Xiao Yongxin embezzled company funds to buy a house for his mistress. If he had used his personal savings, his wife at home would have found out. Without a choice, he resorted to misusing the company’s money.
Initially, the amount of embezzled funds was not substantial, just one or two million. The company’s Chief Financial Officer, Xiao Yongxin’s confidante and a capable individual, was an expert at cooking the books. Even tax officers from the tax bureau couldn’t spot the discrepancies.
Once or twice before, Xiao Yongxin realized no one could detect his private misappropriation of company funds, so he became bolder, gradually embezzling larger sums. And in doing so, the CFO also received a considerable share of benefits.
Xiao Yongxin never imagined that the accounts, which were undetectable to everyone else, could be so easily exposed by Xiao Muli. He hastily reviewed them and found that the details matched his memory of the embezzlement records perfectly.