Chapter 538 Crisis of 528 Hours
Ambassador Kaso entered the municipal building, and after four hours, a 50-man extrajudicial squad led by a group of local soldiers fought their way through the protesting crowds and managed to rescue the personnel of a French mining conglomerate.
These individuals looked truly dreadful, with a foul stench emanating from everyone from head to toe.
The employees of the mining company were temporarily housed at a special operations base outside the city.
The company executives, on the other hand, were escorted to a hotel next to the municipal building. After cleaning up, they were brought to a small building at the city hall and conducted negotiations in a conference room, witnessed by Ambassador Kaso.
As dusk was about to fall, Ambassador Kaso stepped outside and happily told the media that his communications with the Butembo Government and Prime Minister Minam had gone very smoothly. The rescue of the French mining company's personnel was just the beginning, and as a responsible individual, he would continue to work hard to save the rest.
Ngonga, a representative from Butembo, excitedly declared that the French mining giant had compromised with the Butembo Government.
From now on, all of the giant's transactions in Congo would take place entirely through a bank designated by the Butembo Government.
Furthermore, starting today, this behemoth in mining would fulfill their corporate responsibilities.
They would not only increase workers' wages and safety but also pay a "management fee" for every batch of ore exported, allowing the government to improve North Kivu's environment.
When the "management fee" was announced, the local Congolese media were stunned!
When did the fifteen Central and West African countries ever receive a cent in tariffs from Africa Daddy?
The essence of free trade meant that France enjoyed tax-free status for all import and export trade in the fifteen Central and West African countries.
Yet now, the seemingly insignificant Butembo Government had torn open a breach!
What did this signify?
Although it was nominally only a "management fee," those media reporters with a sense of politics understood that this was a "great victory" for the Central and West African countries.
The unexpected compromise from Africa Daddy caught everyone by surprise, making the situation seem almost inconceivable!
The media was unaware of the role Qiao, the boss, had played in this, except for a few reporters who had been to Sangha Town to track Princess Amina's story and sensed something fishy from the soldiers bearing the insignia of a lion...
But no matter how much they inquired, no one was willing to talk.
No one knew that Ambassador Kaso, seemingly there to rescue the hostages of the mining company, was actually lobbying these mining giants to accept the conditions laid out by the Butembo Government.
Once the French mining giant capitulated, what could the rest do?
These mining giants had invested substantial funds in North Kivu Province and agreeing to the Butembo Government's conditions was not too difficult, as the savings on security costs in a safe situation could entirely offset the so-called "management fee."
The ones truly in a tough position were the medium-sized mining companies that had bought the minerals at low prices and then backed warlords for extraction.
Two choices lay before them: one was to follow the giants' lead, invest heavily in mine construction, and then transfer their transaction settlements to the government-designated bank, paying a "management fee" after some production.
The second option was for the Butembo Government to fund the repurchase of the mineral ownership and for them to liquidate and leave.
Again, it was the French mining company that led the way in "eating the crab." Some chose to sign the agreement, committing to mine development according to the standards set by the Butembo Government.
Some opted to liquidate and exit, and soon a payment at a 20% discount from the original price was made to their designated accounts, severing any relation with North Kivu Province.
With the French paving the way, the remaining companies had no room to resist.
The conditions proposed by the Butembo Government were fair, simply asking them to give up their support for the warlords and mine on their own. If they were not willing to comply, the government would still return 80% of the costs for the mine purchase, which was more than fair.
Without backing from Africa Daddy's strong hand, their position was indefensible in any discussion or legal battle.
The entire "rescue" operation lasted 15 days until the last mining company announced it had signed a contract with Butembo, marking the end of the ordeal, upon which the protesting brothers finally dispersed.
Only then did the people from the embattled shell companies realize that no one cared about them.
The torment of 7+15, a total of 22 days, left the individuals from these shell companies skinny as rails...
In the end, they found out that no one cared about them...
This realization completely broke some people; dressed in tatters, they rushed to the entrance of the Butembo Government and staged a protest, entirely forgetting how they had acquired minerals through the black market from warlords, and even more so, how their support for warlords had led to chaos in North Kivu Province.
Ambassador Kaso acted as if he was hearing about them for the first time...
After hearing all the demands of these shell companies, he regretfully stated that discussions concerning the mining companies had already concluded.
If they had any grievances, they could seek assistance from local police. The Butembo Government was highly efficient and just, he believed they would provide a satisfactory resolution.
The people from those shell companies simply couldn't believe it. In the past, they thought they could call the shots in North Kivu Province, but when the Butembo Government decided to establish order, they found themselves inconsequential.
Once their connections to outside warlords were cut off, a lone policeman with a straw rope could lead them to the police station.
There's a saying, 'No deal, no harm'. Without the meddling of these shell companies, North Kivu Province wouldn't have seen such a mess of gangs and warlords.
They were the root of the chaos in North Kivu Province, but once Joe laid a hand, he broke their backbone and left them with a sense of despair and grievance from which they could not appeal.
Seeing that vengeance was hopeless, several shell company bosses teamed up, attempting to find warlords to form an alliance and cause trouble for the Butembo Government.
But when they made the calls, they were either unanswered, or a pleasant-sounding woman would take down their requests and ask them to leave an address to await a reply.
Before these trouble-seeking shell company bosses could realize what had happened, several police cars rushed in, surrounded them, 'politely' handcuffed them, and took them to the Butembo police station....
This greedy bunch had no idea that during their encirclement, the legendary "Anteater Legion" had returned to the scene.
Karman and a few old monsters, along with 50 disguised P·B soldiers and a group of artillerymen, took a tour along North Kivu's mining routes, personally visiting the named gangs and warlords in their intelligence reports.
At first, some tried to resist, but after several unfortunate souls were flayed, their tendons extracted, and pushed into a pyre for a barbecue, resistance ceased.
Once those big and small warlords received an 'invitation', they would obediently get into the vehicle and be delivered to a military base on the outskirts of Butembo.
There were also those who attempted to flee with their money, but to their bewilderment, no matter where they hid, artillery shells found them.
Unable to bear parting with their mobile phones even while fleeing, they deserved to die very much upright.
When Joe Ga saw a group of dirt-covered warlords at the base, he knew he must have won.
It was originally estimated that chaos would last half a year, but thanks to Joe's sudden detour, this time was compressed to just a month. Find your next adventure on My Virtual Library Empire
The reason for keeping these warlords was precisely that the mineral resources indeed needed mining, and playing too cutthroat could easily provoke unnecessary backlash.
At this time, quite a number of people had already gathered around Joe Ga...
Big Sister Gami Kopurko arrived with a bunch of finance elites.
The deal with the French Bank was essentially settled, Joe and Gami each invested 100 million US dollars, a total of 200 million US dollars, to fully acquire a fully accredited but severely shrinking French investment bank.
But to clear the bad assets, Joe Ga and Gami still had to pump in several tens of millions of US dollars more.
They had to end all those shitty transactions and settle the bank's deposits before they could proceed with the transfer, so it would take more time.
Moreover, there were a few minor issues that required Joe to personally negotiate with key figures in France, but generally, there were no major problems left.
Even though the bank was not yet in hand, that did not stop Gami from helping Joe set up a financial company ahead of time to get involved in the business integration of North Kivu Province.
Large numbers of Wall Street and French financial elites found an office in downtown Butembo and hung up the sign "P·B Finance Company" to begin operations.
Sayyid from Dubai arrived, and brought with him Prince Al Sani from Qatar.
Compared to their 'charitable' activities with a bunch of women in Liberia, they were more interested in Joe's strategic planning and decisively reserved shareholder positions upon learning about the bank plan.
As Sayyid originally said, 'The money is yours first, I don't care how many shares I can get; all I have is one hundred million US dollars of private money.'
Al Sani didn't want to steal Sayyid's thunder, so he contributed 80 million US dollars for himself and the same amount for Princess Amina, planning to firmly tie his sister to Joe's big ship and let her shine and heat up.
Ambassador Steven received the news on Sayyid's private plane, and after the plane crossed the Mediterranean, he insisted on changing the course and joined them.
The ambassador was currently a staunch ally of Joe's. In his words, if Joe was setting up a bank, how could he and his wife not offer support?
The shares could be discussed later; he and his wife could set up a trust of 30 million dollars for each of their three children, to be managed by Joe.
This was equivalent to presenting Joe with a gift of ninety million US dollars, even though it needed to be paid back with interest, but Joe Ga had to accept this favor.
Ambassador Steven's move quickly caught the attention of others, and then some who felt they had limited funds and could not compete for shareholder positions began investing their money into Joe's finance company.
Setting up a trust fund was not for the average Joe, and while a group of Chinese miners from the Mining Alliance hesitated, Lu Jun pulled out all his private savings along with Dahe Mining's dividend to make up 40 million US dollars and handed it over to Joe's finance company.
He signed an investment agreement with a fixed annual return of 7% lasting ten years, becoming the first VIP investor.
Only after Lu Jun secured a promise from Joe Ga, that is, when the bank set up in Butembo, they would be offered a one hundred million US dollars loan to build an industrial park, did everyone start to realize...
Oh my, can you even play like this?