The prosecutor's appeal is dismissed.

1. The summary of the facts charged is that the Defendant operates E Co., Ltd. and F Co., Ltd., a printing and publishing company, in Pakistan.

On October 2008, the Defendant participated in the plan for the second publishing complex development project around 1996, and had sold 1,473 square meters of land (hereinafter “1,500 square meters of land of this case”) within the second publishing complex within the second publishing complex as a member of the project cooperative for the second publishing cultural information industrial complex around October 2008.

On March 2010, the Defendant: (a) purchased approximately KRW 1500 of the instant land from the business cooperative of the information and cultural industry complex in the second publishing complex in Goyang-gu, Goyang-si, Goyang-si, in the amount of KRW 2.25 billion (hereinafter referred to as KRW 1.5 million per square); and (b) sold KRW 500 of the instant land as the sale price. The sale price is very low, and there will be an investment value. The sale price of KRW 750 million for 500,000 for 50,000 for each payment period would be transferred to the Cooperative, together with the sale price of KRW 1,00 for the remaining 1,00,000 for each payment period. Considering the anticipated market value of the said land, in consideration of expected investment gains, the Defendant made payment of rebates by dividing the sale price of KRW 300 million per sales contract, KRW 1100,1000,000 for 10,000.”

However, around March 2010, when the Defendant has a debt worth of KRW 1 billion, the outstanding amount is not collected from the customer due to the depression in the publishing industry, and the company's income is rapidly decreased, and the company has been operated with loans such as lending money of KRW 1.6 billion from the branch of I and J as well as financial rights and paying wages, etc., and it is not clear whether it has been recovered with malicious bonds that are most likely to be repaid to the customer, and real estate owned in the name of the Defendant, the denial of the Defendant and the Defendant, and the company has already been owned by the market value.