Offer To The CEO

Friday, continued …

Alister Nang, looked at everyone strangely and asked, "What is going on?"

Anna responded "Lu Jingho's lawyers messed up. He forgot to tell them we own twenty percent of the shares in Lu Corporation and as soon as they indicated its involvement in the agreements, we had access to information that otherwise impacts our ability to deal with the shares that can be legitimately traded so…"

Amanda immediately recognised the impact "The market has to be let know of what has happened."

Yao Tan simply laughed. Lu Jingho and his lawyers in trying to be secretive walked straight into having the information required to be publicised.

Alister Nang, looking at Anna, Hou Yi, Amanda and Yao Tan realised that there was something else going on, and escorted them back to the room they had been in earlier. As he shut the door, he said "There is something that the four of you are not telling me?"

They looked at each other, knowing that they could not say anything about their involvement in bringing Lu Jingho to justice. With a few minutes of silence, Alister said "CEO Hou, CEO Yao, you both know when I took on your representation in this matter, I need you to be honest with me. What in the world are you not saying?"

Anna and Amanda looked at each other as they knew Alister would turn to them for an answer. Amanda was the one who broke, saying "Mr Nang we have been cooperating with the police to help bring matters to the current situation, and have an immunity deal with the National Prosecution Service and the Share market authorities for our actions. The allegations made, are baseless as the National Prosecutors Service looked at this before the immunity deal was granted."

Alister Nang was stunned. The National Prosecutors had been playing this case close, and he had not expected this. "What? How? Why? "

Amanda, explained to Alister their involvement, all starting from the disclosures the artists recruited to the joint venture made.

Meanwhile, inside the court room

The judge needed to pause for a few minutes to finish reading the agreements filed with the court. "Mr Lu, I will head off the bench to read these, but you need to speak to your legal representatives about what Madam Hou said. I will, unless you can convince me otherwise have no option but to release the information in a limited form to protect the share market."

With that the judge turned and left the bench, and the National Prosecutors representative left the court room to allow Lu Jingho to talk to his lawyers.

As soon as the court room was empty, he spat out "Why in the world did you not prevent that. I am paying you enough."

The lead lawyer said "Mr Lu, we clearly asked you and Lu Corporation to supply details about the share registry. We can see, twenty percent of the shares are owned by a WFT International. Did none of you know that this was a company owned or controlled by CEO and Madam Hou?"

"So, what, they do not matter," spat out Lu Jingho, angry that he was being talked to like a child by his lawyers. He was paying them, and they are meant to do what he wants.

"Mr Lu, you are paying us not only to represent you but to protect you. Failing to give us this information, when it is obvious that you knew about the ownership of WTF International impacts your case significantly. If we had known, we would have requested before the information about the agreements to have CEO and Madam Hou removed from the court."

"The court should not be disclosing the confidential agreements, so what can they do."

Trying not to shake his head, the lawyer continued "Mr Lu, you need to carefully listen to me. Not telling us what you knew about Lu Corporation's share ownership has hurt you and Lu Corporation. Not everything can be kept secret until the end of the proceedings. The court will have no option up to release limited information to ensure the integrity of the markets."

"That sets a precedent for the future. The existence of future agreements will also have to be released. That harms public opinion, and public opinion will influence the penalties that the National Prosecutors office eventually seek. You need to stop thinking just about yourself and think about the long-term outcomes you want. You have made it clear that you do not want to go to jail, and you want to get out of this with as minimal penalties as you can."

"Well you said it, I told you what I want from the case. Your job is to achieve that." spat out Lu Jingho.