Defendant shall be punished by a fine of KRW 3,000,000.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

The defendant is the head of the E-Housing Reconstruction Project Association.

1. On September 30, 2009, the Defendant entered into a contract for construction works for housing reconstruction improvement projects implemented by the said association with the said association and construction company as the Hyundai Industrial Development Company, without obtaining a resolution of the general meeting of the association members, at the above association office located in Seodaemun-gu Seoul, Seodaemun-gu, Seoul, and without obtaining a resolution of the general meeting of the association members, with the construction contract amounting to KRW 21,520,000,000,000, and entered into a contract with the union members other than the matters stipulated in the

2. On May 17, 2010, the Defendant entered into a loan agreement for consumption of money for housing reconstruction project funds, which is implemented by the said association, with a project implementer as the said association and construction company as the Hyundai Industrial Development Company, without a resolution of the general meeting of the association members, and promoted the said project without a resolution of the general meeting, with regard to the lending of funds, its method, interest rate, and repayment method. In addition, the Defendant entered into a contract to become a burden on the association members in addition to the matters stipulated in the budget without a resolution of the general meeting of the association members.

3. On July 6, 2010, the Defendant entered into a monetary loan agreement (including KRW 4,694,401,866 under the first loan agreement) on the housing reconstruction project funds (including KRW 4,694,401,866 under the said agreement) implemented by the said association, with the said association and construction company as a project implementer, without going through a resolution of the general meeting of the association members, and carried out the said project without going through a resolution of the general meeting on the lending of funds, method, interest rate, and repayment method, and without going through a resolution of the general meeting of the association members. In addition, the Defendant entered into a contract to assume the burden of the association members other than those stipulated in the budget without the resolution of the general

4. On December 23, 201, the Defendant did not undergo a resolution at the foregoing partnership office located in Seodaemun-gu Seoul Metropolitan Government fourth floor and at a general meeting of partners.