Defendant

A shall be punished by imprisonment with prison labor for eight months and by imprisonment for four months.

However, for two years from the date this judgment becomes final and conclusive.

Punishment of the crime

[2017 Highest 2271: Defendants

1. Defendants A and related persons shall be the three-way president of the Saemaul Bank in Gwangju Northern-gu, and Defendant B shall be the auditor of the above safe, and the F shall be the members of the above safe.

2. No person who violates the Saemaeul Credit Cooperatives Act shall offer, express his/her intention to offer, or promise to offer money, goods, entertainment, other economic benefits, or public or private positions to members or their families for the purpose of getting him/herself or a specific person elected as an executive of a credit cooperative or preventing him/her from being elected;

Defendants provided money and valuables on April 2015, and recruited members of the Saemaul Depository, and would make the recruited members support Defendant A at the election of the president of the Saemaul Depository in 2016.

After his mother, the defendant A instructed the defendant B to recruit 1 million won in total by 500,000 won in cash over two occasions in the French area of Gwangju not more than Gwangju around April 2015.

Accordingly, Defendant B provided KRW 1,50,000,000,000 among the above received 1 million won within the H store located in Gwangju Northern-gu G on April 2015 to the FF of the Saemaul Cooperative, while Defendant B supported A with the membership recruitment contribution.

“.......”

As a result, the Defendants conspired to offer money and valuables to F, a member of the above credit cooperative, for the purpose of getting Defendant A elected from the election of the president of the Saemaul Cooperative to the president.

[2017 Highest 2550: Defendant A] From February 26, 2016, as the president of the Victim E Saemaul Bank in Gwangju Northern-gu, the Defendant was engaged in the overall control of the duties of the above Saemaul Bank and the management of funds.

Around March 30, 2016, the defendant was suspected of violating the Saemaul Treasury Act, stating that "the defendant provided money and valuables, etc. to members for the purpose of winning the election for the president of the Saemaul Treasury" while keeping the operating funds for the above Saemaul Treasury for business purposes, and around March 30, 2016.