<strong>Chapter 1347 – We should own the controlling shares</strong>


    “Chief Jia, you all are not sincere for this private settlement. Why is thepensation amount so high?” John asked angrily.


    Station Chief Jia sat there, sipping on his tea. “It’s better for thewyers to handle the legal issues. I don’t know much aboutws, and I should not interfere in this.”


    John is furious. Are you implying that I am interfering?


    Thewyers are only our representatives, and we should be the decision-makers!


    Wilson interrupted. “Mr. John, please don’t show such attitude during our negotiation. If you continue to behave this way, we will stop the negotiations and settle this in courts.”


    Lawyer Zhang nudged John lightly and shook his head. They are losing, and private settlement is the best oue.


    “Chief Jia, Mr. Wilson, we should settle this amicably since you all are willing to negotiate. But 2 billion USD is out of our league. All ourpanies will be bankrupt if wepensate this amount, and those workers will lose their jobs.”


    “Workers losing their job is your problem. Yourpanies cannot afford thepensation, but your parentpany can afford it. Maybe we should try getting thepensation from your parentpanies, and I believe the odds are against them.” Wilson red at Lawyer Zhang. You all cannot afford it?! Bankrupt?! What has it got to do with us?!


    Although Wilson knows Feng Yu does not want to see, thesepanies go bankrupt. But he knows it’s alright for thesepanies to close down. They can use their factories and brands to repay their debts, and Feng Yu can save money on their acquisitions.


    Chief Jia felt it’s about time to step in. “Mr. John and other representatives. Have you all thought about it? CCTV can settle privately with you all, but what about those intepanies, Tai Hua Supermarket, etc.? How much are you all going topensate them?”


    John and the other representatives’ faces changed. They had not expected things to turn out this way. So this private settlement is only with CCTV, and the otherpanies will sue them?


    “How about I be the mediator? I will settle this for you all, and we can lower thepensation amount. After all, you all are our friends who had invested here. Although you all had done something wrong, we will still take care of you.”


    “Asking you all to fork out 2 billion USD aspensation at once is a lot. Each of you will need topensate at least a few hundred million, but this amount is reasonable. We cannot lower it by too much. Alright. How about you allpensate 200 million USD each. CCTV will get half of it, and the other half will go to those onlinepanies and Tai Hua Supermarket Group. I am confident I can persuade them.”


    Chief Jia said in an “I am helping you all” tone, but his expression pissed them off.


    “200 million USD each? This amount is too high! I think it should be 200 million RMB.” Someone grumbled.


    “Eh... Mr. Wilson, I think we should end this private settlement negotiation, and there’s no point in such negotiations in the future. My time is precious as our TV station has over a billion viewers. We are the biggest TV station in the world, and I’m very busy. So let’s settle this in courts. I believe you all can win and help us get the reasonablepensation, right?” Chief Jia looks at Wilson with an impatient expression.


    “Don’t worry, Mr. Jia. We are confident of winning, and those intepanies and Tai Hua Supermarket Group had contacted us. I think they also believe we can help them get the reasonablepensation.”


    John and the other representatives are speechless when they heard Wilson and Chief Jia’s conversation. They are acting and is threatening them.


    But this is telling them that if they don’t agree to thepensation amount, the incident will be escted further.


    “Chief Jia, we really can’t afford thepensation. Even if we include our fixed assets, we are unable to raise this amount. We will surely be bankrupt. It’s not nice for others to know a few foreignpanies are sued bankrupt in China, right? Ourpanies also intend to increase our investments in China, and our tax contribution will increase.” John said after a short discussion with the other representatives.


    Chief Jia smacked his lips. So who cares about your taxes?! If you all lose yourpanies, the taxes and profits will still be ours.


    Chief Jia puts down his teacup slowly. “What have these got to do with me? I am only the Chief of a TV station. Does your country’s different departments can interfere in each other businesses?”


    John is speechless. He wants to reply that he would rather drown in the cup of coffee in front of him than believe the Chinese Government is not involved!


    Your higher-ups had expressed their support for you openly, and you still dare to im they are not involved? If they are not involved, why is CCTV the first to sue them?


    The Chinese Government is behind all this. But John and the other representatives can only tolerate it now.


    “Chief Jia, I believe you can help us. Can you tell thosepanies to lower their demands?”


    “Mr. Jia, it’s not right for you to interfere with otherwsuits when we are discussing our case. We can talk about otherpanies another time.” Wilson purpose said this.


    John gave Wilson an angry stare. This damnwyer is after their money. He knows manywyers charge a percentage of the ims, and Wilson does not want to lower thepensation amount.


    “Mr. Wilson, China is a big country, and we should be more forgiving even towards someone who had made mistakes. We should give them a chance to turn over a new leaf. But this will also depend on the other party. If they are not sincere, I don’t mind using thew to handle them.” Chief Jia replied.


    John and the other representatives exchanged looks. They had been working in China for years and understood the meaning of ‘sincerity.’


    “Chief Jia, we will treat you as our buddies, and we will let our friends....”


    “Are you trying to bribe me?!” Chief Jia interrupted them.


    Lawyer Zhang quickly reply. “Chief Jia, what they mean is they will try their best to agree to your conditions.”


    Lawyer Zhang scolded in his heart. These idiots... how can they hint they will bribe Chief Jia openly? If this is recorded, he will never be awyer again!


    Chief Jia smiles. “Oh... Since joining venturepanies is in China, it should be better for China to own the controlling shares. What do you all think?”