So that chairman lady is the one who put the construction contract up for bid that taeju's family company, eunhwa (the company that kidnapped euihyun), and a couple of other construction companies all really want. That's how construction projects are usually decided irl too (a project is wanted by a company and then construction company's bid w their design and say how much they can get it done for).
All the companies are corrupt but not necessarily mafia related like youngdo (or whatever his name is) said earlier to euihyun's dad. Taeju's aunt made a deal in earlier chapters to get the construction contract but had to reneg on it for now as part of getting euihyun back.
Who is this chairman? The Grandma, taejus aunt was talking to. How is she related to them. And what was taejus familys real business?