Starting Lu Corporation's Downfall - Part 4

Wednesday, continued …

Yao Tan continued speaking, "However each of us, and the companies that we represent, have for a period of time had significant concerns about involvement with Lu Corporation. We have all found, particularly in relation to property development projects where we have been involved. Some of us have seen smaller companies bullied and manipulated into forcing Lu Corporation to becoming involved in the projects."

"Without naming which companies, two of us have been informed by different contractors involved in projects that Lu Corporation informed them that unless they ensured that Lu Corporation was the lead partner in developments, Lu Corporation would destroy them. In one case, again the development will not be confirmed, Lu Corporation used such tactics to become the lead developed without the risks for the project, and yet for the management of the development continue to receive fifty percent of its profits."