Defendant shall be punished by a fine of two million won.

If the defendant does not pay the above fine, KRW 100,000.

Punishment of the crime

1. The defendant shall be the president of the Saemaul Bank Co., Ltd., a nonprofit corporation for the crime of 2014.

In the name of "F", the Saemaul Treasury has promoted events to assist low-income groups and vulnerable groups by conducting a rice or cash collection campaign for three months from the beginning of November of each year to the summer of January of the following year. In selecting persons eligible for support for collected rice, etc., the above Saemaul Treasury shall undergo a resolution by the board of directors of the Saemaul Treasury, and the collected rice, etc. shall be paid to low-income groups or vulnerable groups.

Nevertheless, the Defendant, on November 2013, 2014, kept for business purposes the rice 80 kilograms collected through the “F” from the Seocho-gu Saemaul Treasury located in Suwon-si, Suwon-si, and then embezzled the rice 210 kilograms from the Defendant’s “H” operated by the Defendant, and processed the rice 441,000 kilograms of the 210 kilograms of the collected rice as the 1stm of the 20m of the 20m of the 20m of the 20m of the 20m of the 20m of the 20m of the 20m of the 20m of the collected rice, without a resolution of the board of directors, as the Defendant paid the 1st of the H in person, by arbitrarily dividing it to the representatives of the Saemaul

2. The Defendant, from the beginning of November 2014 to the Haman on January 2015, 2015, kept 780 kilograms of rice collected in the same manner as the preceding paragraph on behalf of the Victim E Saemaul Cooperatives for the purpose of the victim E Saemaul, and then processed 110 kilograms of rice collected around that time from “H” operated by the Defendant, which is equivalent to KRW 231,000 of the market value of 110 kilograms of rice collected, as “H,” and embezzled it by arbitrarily dividing the said E Saemaul Saemaul credit cooperative representatives and the head of the Tong within the jurisdiction without the resolution of the board of directors, as if the Defendant paid the completion to himself, without the resolution of the board of directors.

As a result, the Defendant arbitrarily disposed of the total amount of 320 kilograms of rice collected from F, which is equivalent to KRW 672,00,000, while carrying out business for the Victim E Saemaul Bank, and embezzled it.