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

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

Punishment of the crime

The Defendant, as a professor of E University F Department, was a person who participated in the 20th National Assembly member election district that was implemented on April 13, 2016 as a candidate for H party in the G constituency.

No person shall publish or publicly announce any false fact about the place of birth, family relation, status, occupation, career, etc. of a candidate, his/her spouse or lineal ascendant or descendant, organization to which he/she belongs, a specific person or specific organization, etc., in order to be favorable to a candidate by means of a speech, broadcast, newspaper, communication, magazine, poster, propaganda document, or other means, with the intention of getting elected or having another person elected, or by other means.

On December 31, 2015, the date on which the Defendant reported the property of the candidate to run in an election for public office, the Defendant held 70,304 non-listed shares (10,000 won per share) of I Co., Ltd. and 33,750 non-listed shares (10,000 won per share) of J Co., Ltd. and the Defendant’s spouse held 9,000 non-listed shares of I Co., Ltd whose face value is 90,000 won per share. The Defendant’s spouse held 9,000 shares of non-listed shares of I Co., Ltd. with a total face value of KRW 252,00,000,000 in total, KRW 7,500 of Non-listed shares of J Co., Ltd., Ltd., and KRW 8,700,000 per share and KRW 10,000 per share.

Nevertheless, the Defendant, at around March 24, 2016, filed a property report in order to leave the 20th National Assembly members election commission located in the Jeju N around March 24, 2016 in order to submit a property report omitted in the column for “securities” of the property report, and made a notice of the details of the property report, wherein the current status of non-listed stocks owned by the Defendant and Defendant’s family members were omitted through the Internet site of the National Election Commission from March 24, 2016 to April 13, 2016. The Defendant submitted 59,603 copies of the election campaign bulletin of the book-based electoral election campaign bulletin stating the current status of the property holding, as seen above, on March 30, 2016.