Chapter 389: Chapter 389: 15 Billion Dollars Gone in Vain
Translator: 549690339
Sir Drew was still not satisfied and sneered coldly, “Boyd is a legitimate child, and his luck is naturally different. Illegitimate children have shallow vision, and they can’t bear to part with 15 billion dollars, let alone give up on it. If he were the one in charge of the Mamet family, he would surely ruin it eventually!”
As he repeatedly called out “illegitimate child,” although he did not name names, everyone knew who he was talking about.
The atmosphere seemed to freeze in the banquet hall, and everyone held their breath.
Will Mamet’s face was full of love: “Boyd, don’t worry. Your father will support you wholeheartedly. This land is yours, and the position of heir is yours too!”
“Mr. Mamet!!” The high-level executive interrupted anxiously, his forehead covered in sweat. “No! It’s not… ”
Will Mamet frowned displeasedly, “What do you mean it’s not? Can’t you speak clearly? I said Boyd is the heir of the Mamet family, do you dare to contradict? With Boyd owning the development rights to this land, who dares to look down on him?”
“I haven’t finished yet. This land cannot be developed!” The high-level executive’s face was distressed, “So, these 15 billion dollars are wasted!”
The room fell silent at his words.
Undevelopable? Everyone’s minds kept echoing these words, quickly realizing the gravity of the situation.
Spending 15 billion dollars on a piece of land that cannot be developed—how would they make any money out of it? Isn’t it equivalent to wasting it?
Will Mamet’s face darkened: “What? Don’t talk nonsense! How is it possible? We’ve already done the paperwork, and the development rights to this land belong to Boyd. It’s written clearly in the contract, Boyd is the owner of the land!”
“But, but… ”
The executive gritted his teeth and finally unveiled the shocking truth in public.
“It was true at first, but a massive ancient tomb has been discovered beneath the land…”
Boom!!
Will Mamet staggered as if all his strength had been drained, quickly sitting back down on his chair.
“No, it’s impossible.”
Seeing that there was no point in hiding the truth anymore, the executive blurted it out—
“The state has already sent professionals to survey the area, and they’ve found a huge ancient tomb beneath the ground. They’ve sealed off the land, and an archaeological team is coming to Libanan tomorrow to excavate. Therefore, this land cannot be developed and now belongs to the state.”
According to the law, if a significant ancient tomb is discovered, the ownership of the land reverts to the state. Occupying or excavating the site privately is illegal, and the treasure left behind by history belongs to the country. What’s more, it is not possible to develop or destroy the ancient tomb.
So… did they really just waste 15 billion dollars?
Sir Drew nearly spat out a mouthful of old blood.
“You’re talking nonsense! How could there be an ancient tomb beneath that land? That’s just a rumor!” Sir Drew still couldn’t believe it and roared in disbelief.
The executive, who had worked in the Mamet Group for many years, finally lost his patience and pointed at Sir Drew’s nose, cursing, “How dare you! If the Drew family wants to fight for that land, it’s none of the Mamet Corporation’s business, but the Mamet Group has invested more than 4 billion dollars in this project. Now it’s all gone to waste—4 billion dollars vanished without a trace! That money belonged to our company! So, am I not allowed to speak up?”
Boyd Drew’s gentlemanly facade finally cracked, “If the state wants to take back the land, I have no objection, but after all, I am the owner of that land. Even if the state wants to take it back, they must compensate me for my loss.”
Will Mamet quickly agreed, “Yes, even if it can’t be developed, there’s still the 15 billion dollars… ”
“It’s not like that! The land was auctioned!”
The high-level executive quickly interrupted again, resentfully explaining, “The land was valued at only 2 billion dollars. According to the law, the state can only pay Mr. Drew 2 billion dollars. As for the remaining 13 billion dollars, it has nothing to do with the state. That additional amount was generated by Mr. Drew’s bidding competition.”
Will Mamet nearly fainted.
Boyd Drew also gasped, then suddenly reacted to something, turning his gaze sharply to Caleb Mamet.
At this moment, Mr. Mamet was leisurely sitting on the sofa, swirling the wine in his glass. He raised his wine glass towards Boyd, the corners of his mouth brimming with a victorious smile.
So confident, as if he had everything under control.
A storm raged in Boyd Drew’s mind, his expression gradually turning terrified as if struck by lightning.
No wonder, no wonder!
It turned out that Caleb Mamet already knew and had set a trap on purpose!