The Chaebols Are Back

Chapter 29: C29



"Because of poverty, the worth of Korea is at its lowest point. If the Prime Minister invests in Korea now, his future generations will receive Allah's grace for them. Besides, there is no law that the Prime Minister or His Excellency the Prime Minister's son cannot be the next King of Iran. If Allah wills, there is nothing that cannot be done in the world."

The Iranian Prime Minister is also a member of the royal family.

He would also be very close to the King of Iran.

If you are a member of such an elite family, it would only be natural for you to aspire to become king.

Also, I have already proven the special status of the Iranian Prime Minister.

That is why I made such a risky and inflammatory statement.

"I was right."

"yes?"

 

"You are the devil."

They call me devil, but it is not the look in my eyes that I dislike.

'It's getting bluer.'

Because he is a prince, of course he also dreams of being a king.

"Because I am becoming more and more like a sunset in the desert to you. But if you tell me to invest in Korea, who would invest in it?"

You're getting more and more interested in what I told you.

'Korea still has no money.'

If so, we should build a petrochemical complex using other people's money.

And we have to build huge oil refineries too.

I'll have to do that using Iranian money.

"Your Excellency, the price of crude oil currently being produced in Iran is $2 per barrel."

"yes."

"Refine that crude oil into gasoline, ethanol, and naphtha, and its value is several times more."

So multinational oil companies are earning more revenues than oil-producing countries nowadays.

"Should we build more refineries within Iran? And through Korea?"

Currently, Korea does not have the technology to build refineries.

If you build it in Iran, it will be His Majesty the King's power, not His Excellency the Prime Minister's hidden card. Your Excellency, I realize that it is presumptuous to state this, but power emerges from money, and the throne is built from the money which is given to followers. 

There is nothing that can be done either in the East or in the West without money.

It is especially so if one steals from another.

One hears there is war, and war also requires sharpening of swords, which is costly.

And all war starts with more money than could be imagined.

"Should we build a mega oil refinery in Korea?"

"It will make you powerful, Prince. It's something the King must not learn."

I have called you Prime Minister so far, but now I must call you Prince.

why?

Because I need to make him understand more that I am a prince.

"But does Korea have the technology to build a large-scale oil refinery?"

"If you have capital, what can't you do?"

"Can you buy technical skills with money?"

"Isn't that the easiest and fastest?"

Of course, if it was an Iranian, they would just use that technology for money, but if it was a Korean, they would somehow acquire it and make it their own. 

"And the region of Far East Asia will see oil consumption growing exponentially in the future."

Japan is already becoming the world's largest economy.

Also, Korea has begun to develop heavy industry, so consumption of oil is bound to increase.

And finally, if my Chosin Reservoir campaign does not work, China will build a honeymoon relationship with America.

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In that scenario, China will nurture its economy by embracing an open policy under the support of the United States, and finally the world's largest energy consumer.

'In this state.'

If a large petrochemical complex is built in the Yeosu or Masan area of Korea, the shipping cost can be reduced while processing crude oil and shipping it abroad.

'Should we go to Yeosu since we know the future?'

Or would Masan be better?

"so?"

"Invest in me so that I can build a petrochemical complex in Korea."

If I have secret investment from the Iranian Prime Minister, I can build an enormous oil refinery complex and chemical complex.

'You need to prepare ahead of time.'

Groundwork for autonomous development of the 7th light district is laid.

If South Korea is successful in developing oil fields in Block 7 by excluding Japan completely through a partnership with an American energy company, then it will be an oil-producing country like Saudi Arabia.

'What if that happens?'

The equation in Asia, and the equation of the world, will change.

'so.'

The one-child policy that makes people give birth to two children and raise them well should also go.

"To you?"

"Yes, you will have to invest without anyone knowing, at least not without the King. And."

And now, the look in your eyes must change.

"What is the look in your eyes?"

The Iranian Prime Minister is coming closer and closer to me.

The color that represents him is also changing from red to green, and then to blue.

Your Majesty, I don't know if you know, but Korea has a large number of soldiers with deep combat experience. They are utilized in the Vietnam War. They will be your swords when the time comes."

When Iranian Prime Minister invests in me, the investment must be hidden since eight years from now the Iranian Revolution will happen.

'In that revolution.'

What happens to the Iranian Prime Minister?

After you've made the clandestine investment, it would be nice if you were assassinated in the Iranian revolution.

"Sword!"

"What do we do?"

I am making a risky offer at this time.

'With colossal profits.'

No risk is feasible.

"How much?"

Human beings are so greedy and unsophisticated.

"If the prince were to leverage all the potential available in Korea, would he not need $500 million? If he were to invest in me only to build a petrochemical complex, $100 million will be enough."

Even if the Iranian prime minister later organized a coup to drive the Shah out, he would not receive the assistance of the South Korean military.

'I'm not the president.'

Even if he were president, this is something he would never be able to do.

The African dictators and Middle Eastern monarchies, however, will treat their national armies as nothing more than private soldiers, and will be laboring under the illusion that what I say can be made so.

'I'm not scamming you.'

You are being drawn into deception by your own fantasies.

"500 million dollars?"

Don't you have around $500 million in slush funds?"

Iran exports humongous volumes of oil into the globe. Is the income going to directly into the nation? 

Not a chance.

"500 million dollars will do?"

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"It can be done. Anything can be done. Hahaha!"

Iranian Prime Minister is shortly transferring to me.

"But who pays the $500 million?

"I didn't mean to tell you this, but I will be the son-in-law of the President. How can I say it boldly to you? And how did I, who am so young, come to be the special adviser of the President?"

Once a lie has started, it just goes out smoothly without even a hint of spit on the lips.

"You are the son-in-law of the President of Korea?"

"Yes, that's it."

Certainly, that will never happen.

"Your Majesty, if you invest 500 million, I will give you Iran. If you still do not believe me, let Iran and Korea establish diplomatic relations and open an embassy."

Now I am being delegated the task by the Ministry of Foreign Affairs.

"Shall we open an embassy?"

"If Korea establishes diplomatic ties with Iran and opens an embassy in Tehran, the Korean government will have to send a military attaché to provide security for the embassy itself."

"I guess so."

If 100 of the finest Korean soldiers are stationed at the Korean embassy in Tehran and approximately 500 Korean soldiers in Korean national attire live close to the embassy, ​​it will be a great help when the prince makes his choice. Of course, the best thing would be to abdicate peacefully.

Of course, that would also be subject to the Iranian King's consent.

'100 people is a bit too much.'

It is his duty to roast the Shah of Iran, so he will roast him.

"Okay. I'll invest."

"I am embarrassed."

Greed and lust paralyze and sicken the brain.

'We even succeeded in establishing diplomatic relations.'

If I'm doing this, I should receive a performance bonus, but the president won't give it to me. That is why I'm correcting it.

You can pay a down payment of $100 million into my account."

He had set his mind to repose in $10 million as a down payment, but when Iranian Prime Minister's eyes brimmed with greed and desire, he demanded $100 million, which is tenfold.

The balance will be paid after the Korean embassy in Tehran has been established and you have sat with the military attaché to safeguard the embassy. Your Majesty's choice now will enrich your descendants for generations to come. All this is Inshallah.

With $100 million, Yeosu could have an enormous petrochemical complex and oil storage complex.

'And there.'

There was even money to purchase all of the phosphate mining rights in Australia that belong to us.

'Does 10% of profits make sense?'

One-tenth goes to the Republic of Nauru from the phosphate mining profits, the balance going to an Australian company.

So we can create a gap.

'Because I have money.'

It'll work.

Anyway, now I can have a company of my own.

'I guess I'll have to select a name as well.'

Korea Petroleum.

All the companies I will create in the future will have the name Korea."

Starting with Korea Shipping, Korea Fertilizer, Korea Petroleum, Korea Chemical, Korea Electronics and Korea Semiconductor.

'By the way, how do I inform the President?'

Finally, it is a great achievement for Korea to receive a large-scale oil refinery, chemical complex, and storage complex, but something that will make the president angry.

On a side note, the Korean government will also receive $500 million on February 5th in a grant from America. The president will probably put that towards the building of a shipyard and an oil refinery.

'Now I have to stop it.'

Only then can I put my money into building oil refineries and chemical complexes as private businesses.

"You are right, Inshallah."

Yes, Iran Prime Minister, it is also inshallah that you are being deceived by me.

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"Your Majesty."

"Are you asking for a prize?"

"I believe the prince would like to reward me."

"Speak."

Somewhere along the line, the Iranian Prime Minister treats me worse.

"I have $10 million in my US Citibank account."

"however?"

"If the price of crude oil today is $2, wouldn't that be enough to fill three 300,000-ton tankers?"

"You need oil right away?"

"Yes, that's right. If I were to make all the things I said to you become true, I would have to return to Korea and spend the money on bribes."

"Are you going to pay a deposit of 100 million dollars?"

"That is the principal funding for the building of a petrochemical complex."

There is a second one after the first one.

'What if I get ripped off once?'

There is no way I can help but get conned again the next time.

That's how it works with fraud.

"so?"

"If you pay me a dollar a barrel, I can load 12 million barrels onto six 300,000-ton tankers, and that will be used to finance the Prince's noble cause."

"ha ha ha!"

Smiling is consent.

"Fine, I just need to redact the papers. I'll run them through in a standalone document."

That's a benefit.

And that's why, although the Iranian government is rich from oil exports, Iranian citizens are poor, raising goats and shearing sheep.

"and."

The Iranian Prime Minister's appearance makes a tremendous change.

"Yes, Your Majesty."

"You told me that you're an investor, so tell me something."

"yes?"

Is there any information which I do not have?

"On January 20, the Organization of Petroleum Exporting Countries will increase international oil prices to $3."

At $3, that's a 50% raise, not the 10% raise I'm familiar with.

"Really?"

This is great.

"Actually, when the Korean government and you indicated that you were here to secure oil in the long term, I was secretly shocked. I believed that information that was meant to be confidential had leaked."

"That's not true."

"Of course, since you are so shocked at what I say."

What if it rises 50%?

This is to imply that the profits I gain will increase by a maximum of 50%.

'That's how those who are destined to succeed will succeed.'

The problem is that the world I know is not developing exactly as I had expected.


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