Reborn as a Police Officer in India

Chapter 458 The Greatest Wealth
Cyrus's personal freedom was not controlled, but his subordinates, such as He Yemu, were basically captured by the police and became prisoners.

Because the Tata Group reported to the police that these people were involved in embezzling a huge amount of group property.

This involves illegal and criminal activities.

In this way, the police naturally have the power to investigate these people.

Then it is only natural to take He Yemu and others away for detention and investigation.

The more Cyrus thought about it, the angrier he became.

He was very clear about the relationship between Rotun and Latan.

When He Yemu and the others fell into Luoton's hands, they would be able to find problems even if there was no problem.

Not to mention that he knew that He Yemu and the others did have big problems.

He Yemu and others were taking advantage of their status to make profits, and Cyrus was not unaware of this.

But these people are his close confidants, so he will definitely turn a blind eye to these things.

Heyemu and his men have damaged the interests of some groups, but in Cyrus's opinion, there were many such things when Ratan was in power, or even more.

As his trusted subordinates, he certainly needs to provide them with some benefits.

Isn't it a common practice to take advantage of the Tata Group?
As long as He Yemu and the others are loyal to him and work for him, this little thing is nothing at all. Otherwise, how can he lead this team?
But now the situation has reversed, and if these things were brought out, it would be very fatal.

Although Latan did not directly target him, the affairs of people like Heyemu would sooner or later involve him.

"No, I can't just sit there and wait for death." Cyrus thought to himself.

Since Ratan was determined to kill him, Cyrus felt that he had nothing to hesitate about.

Two days later, on October 10, Cyrus launched a counterattack.

Sellers wrote a lengthy letter and emailed it to the directors of Tata Holdings, questioning the various poor and questionable mergers and acquisitions that his predecessor, Ratan Tata, had pushed before leaving office.

For example, the acquisition of British steel companies, which are clearly sunset industries and have been making losses, was acquired at a huge cost. There are various interests involved.

Cyrus also pointed out that during Ratan's tenure, he personally reaped huge profits from the group, damaging the interests of all shareholders.

In short, this email exposes some illegal activities of Ratan and his close associates.

The power struggle within the Tata Group can be said to have reached its peak.

Cyrus was removed from the position of chairman and Ratan took over as chairman temporarily.

The news media soon broke the news that many senior executives of the Tata Group were arrested and investigated by the police.

These things have shocked the nerves of the people.

After all, the Tata Group is a source of pride for the Indian people, and it is truly unexpected that such a thing is happening now.

Of course, Cyrus's counter-email soon became public and was leaked to the media.

The public immediately learned more about the inside story.

Of course, Cyrus certainly said all kinds of things against Latan, some of which were not facts, but what he thought, without any actual evidence, and were all kinds of smears.

But at this point, Cyrus must have exaggerated the matter in order to attract more people's attention and put more pressure on Ratan.

"Brother, Powede is panicking." Wides called Roton.

Roton could tell that Vides was gloating.

This is so normal.

You know, the Law Enforcement Bureau helped Cyrus a lot before.

The CBI, on its part, is targeting the Enforcement Directorate and is on Ratan's side.

Now, the power struggle in the Tata Group has come to an end, and Cyrus has been defeated.

This caused a big problem with Powede's previous team stance.

What Bowede did before obviously offended Ratan, and the consequences are unpredictable.

So Vides really wanted to see Powede's expression, and was happy in his heart, so he called and talked to Roton about this matter.

After all, when he stood on Ratan's side, he had the approval of Rodon.

If it weren't for Rotun, he might not have made up his mind on this matter.

"Is that guy finished? It would be best to remove his director of law enforcement." Vides continued.

"If we remove him, won't the others who come up target the CBI anymore?" Rotun asked with a smile.

"What you said does make sense. But I'm still very happy to see that guy Bowede is in trouble." Vides said with a smile.

Of course, he also understood in his heart that the Law Enforcement Bureau now had strong support from the Ministry of Finance, and behind it stood the old immortal.

The government on its part wants to curb the power of the CBI.

Therefore, no matter who comes to power and who becomes the director of the Law Enforcement Bureau, the competition between us and the Law Enforcement Bureau will not stop.

Instead of putting your hope on replacing the other party with a less powerful director, it is better to continue fighting with Bo Wade. After all, everyone is more familiar with him.

Putting your hopes on the other team to make a substitution shows your lack of confidence in yourself. It’s better to just admit defeat.

Regardless of whether Bowede will be dismissed this time, at least this guy will definitely be criticized.

Thinking of this, Vides still felt relieved.

The power struggle within the Tata Group has dominated the headlines of almost all major news media.

After this incident broke out, it naturally affected the stock price of Tata Group. The stock price plummeted and the market value lost billions of dollars in the past two days.

Roton paid attention to all of this. He knew that because of this incident, the market value of Tata Group subsequently fell by hundreds of billions of dollars.

However, stock prices are inherently volatile, and with the new chairman taking office, the stock price gradually recovered.

Of course, this drop in stock price will definitely have a huge impact on the Tata Group in the short term.

Due to the high status of the Tata Group in India, its turmoil inevitably affected the national economy of India, and the stock market also fluctuated accordingly.

Laoxian, as the head of the government, also came out to speak on the matter.

He hopes that both sides can remain rational and not act impulsively.

In short, I hope that both sides can cool down a bit and not continue to escalate the incident.

But for Cyrus, cooling down the situation is definitely not in his interest. It would be beneficial for him to make things bigger and muddy the waters.

Rotun has captured many of Cyrus's confidants and is now interrogating and investigating them.

For now, these guys are mostly keeping quiet and tough-talking.

But there is no rush, Rotten has plenty of time to play with them slowly.

Cyrus is bound to fail and his end will be miserable.

As for those who followed Cyrus's confidants, there is no need to say what their fate would be.

When the time comes, Ratan will definitely not let them go.

That night, Sori came to Rotten's residence.

"Have you exchanged all your money?" Rawdon asked. "It was all exchanged the day before yesterday," Sori said.

"Very good, there shouldn't be any problem, right?" Roton asked again.

"Don't worry, I asked a lot of people to go to the bank to exchange the money separately..." Sori explained hurriedly.

Roden smiled slightly.

He knew that Sori's company had a lot of cash, some of which came from legitimate business income, but a lot of it was gray income.

In India, both the rich and the powerful like to hoard cash, especially large-denomination cash, so as to avoid being investigated or paying taxes.

But Luoton knew that the old immortal was about to launch the first banknote demonetization order.

This demonetization order will invalidate the 500 and 1000 yuan banknotes currently in use.

Sori has a large amount of these banknotes in his hands, and Roton doesn't want to suffer an unexpected disaster, so he asked Sori to start the currency exchange operation in advance.

Exchange these two high-denomination banknotes for the small-denomination ones below to avoid the demonetization order.

"How's the progress of that real estate project?" Rawdon asked again.

"We've already reached an agreement with the bank. As long as we get the project, there will be no problem getting a loan," Sori said. "The government's attitude has also changed. They're starting to have some issues with SP Group getting the project."

This real estate project is still in the hands of SP Group, but for Luoton, he has long regarded this project as his own.

Cyrus is no longer the chairman of Tata Group, so the change in the government's attitude is not surprising at all.

These guys are weak-willed and will only kick someone when they are down.

The Cyrus incident naturally affected the SP Group's position in the government.

Sori has teamed up with Reliance Group and the Tata family to intervene in this project, and the government has to consider their influence.

"SP Group won't give up so easily, right?" asked Roton.

"Yes, they haven't given up yet," Sori said with a smile. "I heard that Shapur recently secured a considerable amount of funding. His goal was to demonstrate his financial resources and strength to the government, indicating that they could better implement this project. Of course, some also say that Shapur has secretly secured a considerable amount of funds, particularly hoarding a considerable amount of cash, in order to provide support to Cyrus."

"Hoarding cash?" asked Rawdon.

"Yes, Shapur sold some of his family's businesses and recovered a considerable amount of funds," Sori said. "Cyrus's dispute with the Tata family is bound to cost him a lot of money. Shapur was well prepared."

Luoton smiled and said, that's true.

Whether it is filing a lawsuit or hiring a lawyer, or finding various people and connections, it all costs a lot of money.

"You said they hoarded a lot of cash?" Rawdon asked again.

"Yes, they sold assets mostly for cash," Sorey said. "That's pretty much what everyone does."

Of course, Luoton understood this. Such large transactions could be conducted privately in cash to evade taxes.

"So, Shapur has a lot of large-denomination banknotes in his hands." Rotun said with a smile.

“Yes, tens of billions of rupees, I’m afraid,” Sori responded.

He was not quite sure why Rawdon asked him to exchange the large-denomination banknotes for small ones.

But he believed that there must be a reason why Roton did this.

After all, Rotun is in a high position, so he must have some inside information, so it is definitely right to do so.

If Shapur still has a large amount of high-denomination banknotes in his hands, then there would probably be a big problem.

"Very good." Luo Dun smiled. "You still need to keep an eye on SP Group in the near future."

After Sori left, Rotten couldn't help but think about it.

Hundreds of billions of rupees! Next, Rodon will make Shapur’s money invalid.

In fact, even the sudden banknote cancellation order issued by the old immortal actually had very little effect.

Laoxian’s original purpose was to crack down on all kinds of black money.

Because there is a large amount of illegal income among the people, especially those rich people who hoard cash at home.

In Laoxian's opinion, they simply dare not take out these illegal incomes to exchange at the bank.

Because the amount is huge, you have no way of explaining the source of the funds, which helps to combat black money.

But the old immortal still underestimated the abilities of these powerful people.

The bank has a limit on the amount of banknotes that can be exchanged per person, so they hire a large number of poor people and have them take these large-denomination banknotes to the bank to exchange them.

In this way, it would be like ants moving, exchanging all the huge wealth, that is, the black money.

In the end, 90% of the large-denomination banknotes on the market were recycled, which did not achieve the effect that the old immortal expected.

In this way, the black money was actually laundered.

Those powerful people basically suffered no losses.

The ones who suffer the most are the middle class, who don't have such a large network of connections and are not as powerful.

The family had finally accumulated some cash, but in the end, due to the exchange limit, a lot of it could not be exchanged in time, and the wealth was wasted.

This money may be left over from large transactions, such as selling land or houses, which are often traded directly in cash.

Later news mentioned an incident where an Indian woman had just sold a piece of her land and received cash, all of which was large denominations.

Because he was unable to exchange all the cash before the large-denomination banknotes became invalid, he suffered heavy losses and finally chose to commit suicide in desperation.

Under normal circumstances, when the old immortal issues the order to abolish banknotes, with the ability of the Mistry family, they will definitely be able to exchange the huge amount of cash in their hands in time.

But now that Luo Dun knows this, he can't let this happen.

He wanted to let the cash in Shapur's hands rot in his hands. With the power that Roton now held, it was not difficult to do so.

He has a grudge with Cyrus, which means he has a grudge with the Mistry family.

Now that we have done it, we must do it thoroughly and eradicate the root of the problem.

This time, Luoton not only wants to acquire this real estate project, but even SP Group is not Luoton's ultimate goal.

Roton's appetite grew bigger, and his ultimate goal was to set his sights on the more than 18% of Tata Group shares held by the Mistry family.

The Mistry family is one of the richest families in India. The reason they are ranked top is not because of the SP Group, but because of the more than 18% shares of the Tata Group.

It can be said that these shares account for more than 90% of the Mistry family's wealth.

So this is the greatest wealth.

As for the huge conflict between the Mistry family and the Tata family in the future, Roton felt that if he planned carefully, he might be able to get these shares.

His current power is enough to support him to do these things.

Of course, Rotun couldn't eat it all by himself. He couldn't finish it all by himself.

We will have to find someone to cooperate with us when the time comes.

For example, you can continue to look for Mukesh and Ratan, I believe they will definitely be interested.

(End of this chapter)