Chapter 160
With a scowl, Wyatt glanced at Christian, who stayed silent, and asked, "The company has been losing money for years. So why did you keep telling finance to wire her that much every month?"
Abigail leaned back in her seat, watching Christian quietly.
Christian calmly replied, "Well, Abby is the heiress of our family. She needs to show up at events, build her social circle, and travel overseas. Three million dollars a month really isnโt that much, you know?"
Wyatt stared straight at him. "Not much? If itโs not much, why canโt you earn it? Every single account under the subsidiaries you manage is fake. If itโs not a lot, then why resort to cooking the books?"
He truly didnโt get it. He had handed down all his business knowledge from Gabriel to Christian. Stephen couldnโt keep up, so they gave him a token position with no real responsibilities.
Christian received a fixed monthly allowance of two million dollars. He didnโt actually spend much of it himself, but he gave one million dollars to Daniella, which meant her three million dollars allowance on paper was really closer to six million dollars each month.
Wyatt turned to her and demanded, "Where did all that money end up, hm?"
Daniella bit her lip, clearly at a loss. "I donโt knowโฆ I bought shoes, purses, makeup, skincare, and took a few trips here and there. I didnโt keep track. I really donโt knowโฆ"
Wyatt finally understood. She was one of those people who spent everything they had, no matter how much it was.
But he had heard about Daniellaโs reputation, too. In their circle, she was known as the picture of luxury. No matter how expensive something was, if she wanted it, she got it. Price tags meant nothing to her.
And Christian, just to keep up her image and feed her vanity, kept sending her that kind of money every month, even when the subsidiaries were bleeding money.
Wyatt said, "Warren looked into our familyโs finances. Weโre short about 100 million dollars in liquid assets, not to mention the 130 million dollars we owe the bank."
It was only after going through the accounts recently that he realized the company was riddled with holes.
Now it made sense why Gabriel had been so desperate to push Abigail toward Quentin. It was all for the sake of landing a good project and securing investors, because without that, they wouldnโt even be able to cover their books.
Wyatt had initially thought about giving Abigail shares of the company, but once he saw the accounts, he realized that handing her equity meant dumping a mountain of debt on her.
Stephen blurted out in shock, "Weโre in the hole for that much?"
Abigail kept her face completely neutral as she listened, not responding at all.
Wyatt looked serious as he replied, "Just Daniella alone spends more than 30 million dollars a year, and thatโs not even counting what the rest of you spend, or the other Gibson family expenses. So, what do you think?"
Stephen spoke up almost instantly. "Then letโs just fire Chris. The subsidiaries are a mess under him anyway. If Warren is willing to take on this disaster, what are we waiting for?"
He knew full well that with 230 million dollars in debt, no company would dare to work with them. If it werenโt for Abigailโs connections to Sebastian and James, Warren wouldnโt even give Wyatt the time of day.
Christian began, "Stevie-"
But Stephen didnโt let Christian get a word in, saying, "Say what you want about my tone, Chris, but letโs be real. If it werenโt for her connections with Sebastian and James, would Warren even have come to see Grandpa today?"
Hearing that, Christian was so furious he could barely keep it together.
Stephen shot Daniella a look full of irritation and snarled, "And you. What gives you the right to spend that much in a year?
"Youโre not even the real deal, but you sure donโt mind bursting through our cash. Are you seriously trying to rip us off and planning to disappear with the money?"
Daniellaโs eyes welled up again, and her voice trembled with grievance as she murmured, "I didnโtโฆ"
Stephen snapped, "All you ever do is cry! Starting tomorrow, sell off all that stuff youโve been hoarding. I donโt care how much it goes for, just sell it."
He felt nothing but disgust seeing Daniella dressed head-to-toe in designer labels. He was furious that she dared to blow through so much money knowing full well she wasnโt even blood-related.
With a mocking sneer, Stephen added, "Oh, I get it now. You throw money around on luxury goods because youโre not really the Gibson familyโs heiress, right?
"So, you dress yourself up, try to outshine Abby, and make the world think youโre the daughter this family loves most. Thatโs the game, isnโt it?"
Abigail listened to Stephenโs endless rant, rubbing her temple in frustration. Still, watching Daniella finally fall out of favor with him was satisfying.
Abigail thought, โDaniella used to twist Stephen around her finger because he was so one-track-minded, but now thatโs come full circle. The way sheโs getting singled out now, sheโll be stuck with that for a good while.โ
The moment Christian saw Daniellaโs teary face, his temper flared. "Stevie, can you quit picking on Dani? Ever since you saw her, itโs been one dig after another. Even if she were made of stone, she wouldnโt be able to take this nonstop criticism."
Chapter 161