When the head of the Kyoto Police Headquarters tracked the money laundering of Nakamoto Shipbuilding and finally traced it to the research and development company of Kyoto University, at the same time, there were other people in Kyoto who were tracking the research and development company of this top university. And one of them was...

It’s the former female reporter Marina Niwa.

Liston Hotel, Room 1607.

The clock in the room already pointed to 2:13 in the morning.

The table in the guest room is piled with various materials and document bags. There is also a small hanging board next to it, which is covered with various materials cut from newspapers. Several company registration materials are embedded with pushpins.

Some photos of people are full of traces of various scribbles, marking the criss-crossing relationships among them.

Niwa is sitting on the executive office chair, staring at the shimmering laptop in front of him, scrolling the mouse from time to time, checking the information that has been collected so far. It has been more than a month since he came to Kyoto to investigate industrial and research enterprises. As the collection continues

More and more information is being collected, and a shocking picture is slowly unfolding in Niwa.

According to data released by the Ministry of Education, Culture, Sports, Science and Technology and Kyoto University, the total subsidies and funds received by industrial and research enterprises every year exceed 10 billion yen. Such a huge investment of public funds should have strict financial monitoring. However, after in-depth study, such a huge amount of funds should be strictly monitored.

The funds are like millions of dollars in cash lying on the street, unattended and ready for anyone to take.

Niwa picked up the tea cup next to her and took a sip. Her hand holding the cup trembled slightly because of the explosive nature of the information in front of her. Industrial and research enterprises... an investment that consumed so much public funds, it was... simply...

It's just a scam.

Niwa has made three major discoveries so far.

First, a large number of industrial and research enterprises share registered addresses and do not have office locations. After many layers of tracking, Niwa sorted out 856 industrial and research enterprises in the Faculty of Engineering of Kyoto University and found that as many as 321 industrial and research enterprises actually have the same registered address. Among them, there are

128 industrial and research companies do not have actual office addresses, and all business phone numbers or other contact information are either unreachable or are redirected to other companies.

Moreover, there are many registered addresses in extremely ridiculous places. For example, a company engaged in the research and development of ocean sonar detection equipment actually has its office address in the mountains in the middle of the East. There is also a company engaged in small rocket launch research.

The office address is actually in a metropolis with dense residents, rather than in a suburb with sparse residents. How can it be possible to engage in rocket launch activities?

Such a figure shows that one-third of the industrial and research companies that received funding do not have actual office addresses and are completely fabricated companies.

Niwa already took a breath, this was simply a lawless plunder of citizens' hard-earned tax money.

The second discovery is that a large number of industrial and research enterprises circulate to each other to provide purchases and sales, contract business, and inflate performance. Industrial and research enterprises that receive such a large number of funds have corresponding assessments. One of the assessment indicators is

The scale of the company’s operating income.

Under the offensive of Western technology giants, the Ministry of Education, Culture, Sports, Science and Technology has put forward a slogan since the past five years: "Big is better." In other words, Eastern industrial and research companies need to continue to expand their business scale to match Western

Compete with each other.

Niwa discovered that there are a large number of production and research companies that buy and sell each other and circulate sales to expand the scale of operating income. For example, company A sells a piece of equipment to company B for 10 million yen. Then company A has 10 million yen.

Immediately, Company B dismantled the equipment and sold it to Company A in the form of parts. Then Company B had another income of 10 million yen. After Company A reassembled it, it sold it to Company B again. In an instant,

, it has a total income of 20 million yen. It is such an ordinary piece of equipment, but it can generate a total income like a huge snowball.

Niyu was already shocked by this trick.

In the actual operation of industrial and research enterprises, this kind of circular sales and mutual buying and selling operation methods are more secretive and complex. The entire circular sales process may involve more than a dozen companies. At the same time, there are also after-sales leasebacks, financial leases, etc.

Mixed together, it is difficult for outsiders to discover that a business that seems to be booming is actually just a cycle of false operations.

Yes, this is how materials, equipment, and money are tossed around, creating the appearance of ever-expanding operating income. And among them, no one knows how much manpower, physical, and financial resources are wasted on this fraudulent means.

The third problem is the illegal mortgage of industrial and research enterprises. Niwa inquired through various channels and found that a large number of industrial and research enterprises obtained large amounts of financing from various banks in Kyoto by providing real estate mortgages. Yes, even

There is no industrial research enterprise at the actual office address, so how can there be real estate mortgaged to the bank?

After further investigation, Niwa discovered that these real estate properties actually came from public scientific research institutions such as universities.

According to the "Law on the Use of National Legal Person Funds", national university institutions are not allowed to provide external guarantees with their own assets. This is a red line that university institutions cannot touch. However, at present, these assets are actually mortgaged to banks through the channels of industrial and research enterprises.

A large amount of funding was obtained.

An unprecedented picture has been opened in front of this female reporter.

On the one hand, industrial and research enterprises receive injections of public funds, and on the other hand, they mortgage university assets to banks to obtain loans. Public funds provide these industrial and research enterprises with a short-term capital flow to repay principal and interest. And a large amount of money is loaned from banks.

It becomes the target of wanton squandering. At the same time, production and research enterprises circulate sales to each other, inflating their performance. The larger the scale, the more public subsidies it can receive, and the more loans it can obtain from banks.

The entire cycle has absorbed a steady stream of funds.

A strategy that was supposed to benefit the country and the people has turned into a tool for making money and prosperity.

This chapter is not over yet, please click on the next page to continue reading! This is an industrial and research enterprise that is supposed to focus on technology research and development, but it has become a hen that lays golden eggs.

【Ponzi scheme】

This idea suddenly popped up in Niwa's mind. There is no doubt that such a system is unsustainable. Circular sales and inflated performance will always produce a lot of additional tax burdens and cost losses. These losses will reduce the real

The principal of the capital is gradually eroded. And as long as one day, the injection of public funds is reduced or no longer injected, then in an instant, the capital chain will be broken, and a large amount of money loaned out from the bank will become a

Bad debts.

Niwa looked at the accounting information of many industrial and research companies that he had obtained from secret channels. Currently, these companies have extremely high debt-to-asset ratios. They not only obtained loans from banks in the Kyoto area, but also borrowed a lot of money from large national banks.

, including the Tokyo Central Industrial Bank, Mizuho Bank, Mitsubishi UFJ Bank, etc. Once an industrial and research enterprise causes an earthquake, it will even have an impact on the entire Japanese financial community.

too crazy……

It’s just crazy…

Niwa looked up at the photo of Okawara in front of him - the first proponent of the industry-research cooperation strategy. It would be great if he could know his mobile hard drive containing the accounting information of the industry-research enterprise. If only he could get that mobile hard drive.

, you can get real ironclad evidence and fully expose all the shady secrets of industrial and research enterprises. That mobile hard drive may also contain many things that you don't know about.

Niyu pinched his eyebrows quite tiredly and closed his eyes slightly, intending to close his eyes and rest for a while.

However, just as I closed it, there was a sudden sound from the computer. A red dot suddenly appeared in the mailbox, and then a dialog box popped up, indicating that a new email had been sent.

Who is emailing me at this point?

Niyu opened his somewhat confused eyes, moved the mouse, and clicked on the new email.

The screen flickered and the mailbox interface refreshed.

This email has no title and only a single line of text.

However, the moment he saw this line of text, Niyu couldn't help but widen his eyes, but he saw the email read:
Chapter completed!