章節 1419: Chapter 1419: Bail denied, the Department of Agriculture steps in
Darnell Andres was arrested in front of Duane Andres. No matter how much he explained and tried to stop it, he could not prevent his son from being taken away.
After the FBI car drove away, he immediately called a meeting with the company's top management and asked the legal department to find a solution.
'Bang!'
'Damn it, this is banditry!'
In the meeting room, Duane Andres grew more and more irritated as he thought, and he couldn't help but slap his hand heavily on the table and yell.
All the executives present were shocked.
But they were all confused and didn't know who 'they' were that Duane Andres was referring to.
Because yesterday, Duane Andres had only had a discussion with his son, and he hadn't expected Polaris Capital to act so quickly!
'Chairman, what's going on? Who's doing this to us?'
One executive couldn't help but ask.
Duane Andres saw everyone looking at him with confusion, so he took a deep breath to calm himself down.
'It must be Polaris Capital.'
'They were secretly buying up our company's shares before, and I discovered it and intervened to stop them. Yesterday they came directly to the company and tried to buy the shares I had, but I refused.'
'Before they left, they threatened me, and then this happened today. It can't be a coincidence, they did it!'
Duane Andres finished speaking in one breath, his chest rising and falling violently.
After getting the answer, the many executives looked at each other, not expecting the enemy to be the capital giant Polaris Capital.
One executive said with a grave face, 'With the energy of Polaris Capital, it is indeed possible to do this.'
'Chairman, we must immediately bail out the vice president and all other employees.'
'Once the truth is investigated, we will be in big trouble!'
'Northern Star Capital is different from our previous enemies!'
Did ADM manipulate grain prices?
The answer is clear – yes!
ADM's ability to rise so quickly is due in part to its market position, which allows it to manipulate food prices and reap huge profits.
Duane Andres sets the strategy, his son Darnell Andres trades, the direct employees below are responsible for execution, other employees in the company are responsible for assistance, and the division of labour in the entire process is very clear.
Any strategy involving this kind of thing has been discussed at a company executive meeting, even if it wasn't recorded, but the executives here are well aware of it.
They are afraid because they have done it before.
ADM has done this many times before, and it has not been unreported by competitors. ADM has been plagued by scandals and troubles for a long time.
But relying on ADM's size and Duane Andres' connections, each time it was hastily understood, even if a fine was imposed, it was completely worthless compared to the benefits.
Because of this, Duane Andres dared to let the company step over the line again and again.
'Yes, Chairman, Polaris Capital's network of connections is much stronger than ours.'
'We don't know yet how much evidence the enemy and the FBI have.'
'We must get the vice president and the others released on bail immediately. The longer they are under investigation, the higher the risk for us.'
'I know. I have already asked the legal department to take action.'
'The main thing is to get everyone together, raise their awareness, and do a full self-examination of the situation in their respective areas of responsibility, eliminate any traces that cannot be seen in the light, and at the same time, reassure the employees below.'
...
In the United States, it is possible to be released on bail for a crime, even for the crime of intentional homicide!
The American bail system involves a fundamental principle of American justice.
American law follows the principle of 'presumption of innocence'.
That is to say, a suspect must be presumed innocent until they are tried and found guilty.
And American law also stipulates that, before a suspect goes to trial, as long as a certain amount of bail is paid to ensure that they will go to court on time to face trial, they can go home.
If the suspect goes to trial on time, the bail will be returned to them.
Now that Darnell Andres and the others have been arrested by the federal government, ADM has the financial resources to bail them out.
But!
The Polaris Consortium has intervened, and they have Darnell Andres and the others in custody. If they were to be released on bail so easily, where would that put them?
That same afternoon, ADM returned empty-handed, bringing Duane Andres some bad news.
'Chairman, we have exhausted all options, but the FBI has refused to accept bail on the grounds that the actions of the vice president and others may cause significant harm to society and do not meet the requirements for bail.'
'F*ck!'
'Damn it, how could they cause significant harm to society?'
'Ah!'
Upon receiving this bad news, Duane Andres's veins bulged and he roared in rage, looking very intimidating.
The people from the Ministry of Justice were so scared that they turned pale and whispered, 'Chairman, we have used all the chips as you instructed, and we have also met with the head of the FBI in Illinois, who told us that this matter was directly ordered by the Washington headquarters, and he could not change the decision from above.'
Duane Andres panted heavily, his chest rising and falling violently, and his heart was extremely suffocating.
In the sixty-eight years since he was born, he had never felt so suffocated.
He had always used his capital and power to do whatever he wanted, but this time the roles had reversed.
The feeling of powerlessness was unbearable!
Just then.
'Knock, knock, knock...'
There was a heavy knock on the door.
The urgent sound made Duane Andres, who was already irritable, even more irritable.
'Come in!'
He shouted angrily towards the door.
The person outside was also startled. After waiting for a few seconds, he summoned up the courage to unlock the door and walked in with a stiff upper lip under Duán Āndlès's indifferent gaze.
'Chairman, we may be in trouble again.'
'Just this morning, the Ministry of Agriculture and the General Administration of Customs conducted a comprehensive sampling of the 200,000 tons of Brazilian soybeans we temporarily stored in the port. All the soybeans that have not yet been unloaded have been temporarily sealed until the test results are available to determine whether they can be imported.'
Hearing this news, Duane Andres's fists clenched, and his old hands trembled.
He took a deep breath and did not open his eyes for a long time.
At this moment, he already felt physically and mentally exhausted.
The enemy's attack was ruthless!
Both moves successively targeted the lifeblood of ADM.
The entire industrial chain of soybeans is the mainstay of ADM after oil crops.
American soybeans mature from September to October. In order to ensure that there are soy products throughout the year, ADM has been laying out the soybean industry in South America for more than ten years, and to this end, it has even used means to destroy the Brazilian soybean industry and then buy at the bottom.
This time, the 200,000 tons of soybeans are worth more than 20 million US dollars. In terms of value alone, ADM can afford it.
But the harm caused by the current inspection and temporary seizure by the customs and the Ministry of Agriculture is far more than 20 million US dollars.
Generally speaking, the results of a customs sample inspection will be available in ten days, or even faster if the right people are involved. ADM had even obtained permission to enter the country directly, which would have saved a lot of time.
If the customs inspection is comprehensive this time and takes a month or even longer, then ADM will have to breach the agreement they signed in China, and their own oil mills, feed mills and other factories will have to stop operating due to a lack of soybean raw materials.
The losses would be huge!
What worried Duane Andres even more was that Polaris Capital would not let him off so easily.
With 200,000 tons of soybeans, he could not guarantee that the pesticide residue would not exceed the standard and that there would be no harmful pests after a full inspection.
If it is really found that there are, the soybeans that have previously entered the customs, the soybeans that are currently entering the customs, and the soybeans that have not yet been shipped from the production area, there will be too many!
If the Polaris Consortium once again uses dirty tricks and mixes things with the 200,000 tons of soybeans that have been temporarily detained, then it will be over!
If a sky-high fine is issued here as well...
Thinking about this, Du'an Andres felt like he was suffocating.
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