Defendant shall be punished by a fine of KRW 1,000,000.

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

Punishment of the crime

From July 20, 2011 to March 2, 2017, the Defendant is a person who has overall control over the business of a legal entity as a DNA representative director established by the seven agricultural cooperative associations having invested their shares.

A regional agricultural cooperative and cooperative joint business corporation shall cover the amount of losses as a result of the settlement of accounts for each fiscal year in the order of non-disposition carry-over funds, voluntary reserves, legal reserves, capital reserves, and full-time contributions, and shall carry them over to the following fiscal year when the amount of losses falls short of the amount of losses, and the officers and employees of the regional agricultural cooperative and joint business corporation shall not make up for any losses in violation of this, and D shall have a loss for the fiscal year 2016.

1. On December 28, 2016, the Defendant carried over the actual loss without reflecting in the settlement of accounts in 2016 the amount of KRW 11,80,000,000, excluding the amount of KRW 8,000,000 paid by the intermediate company FND cooperatives, in D offices located in South Korea, not in the settlement of accounts in 2016.

2. On December 30, 2016, the Defendant generated KRW 23,470,00 from a false sales as if there was no sales from the above office, and reflected the above interest in the settlement of accounts in the year 2016.

Accordingly, the Defendant carried forward the loss corresponding to the above processed sales profit to the year 2017.

3. Around December 31, 2016, the Defendant, at the foregoing office, should reflect the amount of the loss assessed on the inventory of rice and pesticide rice in 2015, in the accounting year in the amount of the loss assessed on the inventory of rice and pesticide rice in 2016. However, even if a loss was incurred due to the decline in the price of rice in 234,709,000 due to the decline in the price of rice in 2016, the Defendant carried over the actual loss without reflecting KRW 234,709,00 in the settlement of accounts in 2016.

4. On December 31, 2016, the Defendant added KRW 24,030,000 to the rice price as of the end of December per the year, purchased from the above office after the post-payment process, even though there was an additional amount of KRW 24,03,00 for the rice price as of the end of December.