Chapter 11: Trouble
As Victor walked out of the hospital, a Rolls Royce cruised to a halt before him. Onlookers wondered which bigshot's car it was. Victor pulled up his hood and approached the vehicle. He peered in to see Clive in the driver's seat. The forty-year-old billionaire was a butler-cum-chauffeur now.
Victor slipped into the car, and Clive drove off.
"What is the urgency?" he asked the billionaire, who looked strangely in character as a chauffeur.
"Sir, I have concluded another task you assigned via text. You asked me to survey your grandfather's finances and assets. What I have accumulated is as follows. First, someone has been draining your grandfather's accounts while he was bedridden."
Victor raised an eyebrow. The prime suspect in this nuisance could be none other than his evil aunt. He'd deal with her later since Edgar's account barely had a hundred thousand dollars. "What else?"
"Unfortunately, Damone Industries, chaired by Edgar Damone, is about to declare bankruptcy."
Victor scratched his chin. "Bankruptcy, huh?"
He had been overseeing the company since his grandfather was admitted. Edgar gave him power of attorney for all financial and administrative decisions. When Victor casually inquired from top officials of Damone Industries about the business status, they told him they were bleeding clients and the company's financial crisis was irrecoverable.
Therefore, Victor had expected it to be bankrupt soon. But he hadn't actually looked at the account books because he was occupied in tending to Edgar's health.
"Clive…. In your expert opinion, would you say the company's ruin was inevitable?"
Clive thought for a moment and shook his head. "Not exactly, sir. While the financial trouble was real, the company could have easily recovered with consolidation and refinance."
"Then why has it been driven to bankruptcy?"
"I have looked into this. I discovered through insider information that a few key people in the top management have been trading over clients to a competitor company, leading to huge losses in profit."
"Oh? By competitor, do you mean Shannon Inc.?"
"Exactly." Clive was impressed by how his new master knew everything about business even though he was not involved in the industry. Indeed, a man like him was likely to surprise and shock at every step.
Victor furrowed his brow. He had been too trusting with the company's managers. Since they were old employees initially hired by Edgar, he never looked into their performance, credentials, or activities. It turned out there were a few snakes in the grass.
"That brings me to the current situation," Clive continued. "Someone tipped the administrators of Damone Industries that Edgar Damone, the Chairman, is about to succumb to an incurable heart ailment."
Victor figured out the rest. Investors would have panicked and withdrawn their money, and employees would be ready to resign and abandon the factories. It was a sabotage setup, perfectly executed, while Victor's attention was occupied elsewhere.
"The company's key employees have already signed secret contracts with your rival company, Shannon Inc…" the billionaire continued. "They are a day away from joining lush, higher salary jobs with your competitor. The traitors are waiting for you at the office today, perhaps to resign officially. I feel they intend to disgrace you in the process."
Victor nodded. Some of the older employees had massive egos and were uncomfortable working under a young man like him. "I assume you have taken some corrective steps already?"
Clive smiled. "It seems you have figured me out already, sir. It's true. To begin with, I secretly infused fifty million dollars into your company as an angel investor. The news will not reflect until later today."
"Not bad. How did you deal with Shannon Inc.?"
"I have taken over the Shannon Inc. Board of Directors already. Its ownership has been transferred to you."
"Good," Victor said, impressed. Clive had been instrumental, even though he was a three-star member. When the billionaire arrived to serve him, part of Victor decided to replace the man with a higher star member later.
However, Clive had proved himself handy with quick and effective decisions. After all, the forty-year-old billionaire had become the wealthiest man in Springfield within ten years through sheer hard work, which would build character and competence. Moreover, the New World Order did not recruit any amateurs.
Victor was thus inclined to keep him as a butler for longer. But the man still needed to learn a few tricks.
"That's not enough," he told Clive. "Purchase the entire industrial block in which Shannon and Damone companies are registered."
Clive raised both eyebrows. "Seaboard Industrial Block, you mean, sir? Hmm. I will immediately carry out your wish," he said, texting an order to his subordinate. "That is a brilliant idea. We will have access to all suppliers, traders, and shippers."
Victor nodded. "Don't communicate this news to anybody yet. First, drop me off at the office."
"Affirmative, sir."