A fine of two million won shall be imposed on a defendant.

Where the defendant fails to pay the above fine, one million won shall be the one day.

Punishment of the crime

The Defendant, a public official who was a professor of F department in Busannam-gu D University, was in violation of the duty to hold concurrent offices, and was in charge of the management, finance, personnel affairs, etc. of the above company while operating (ju)G with functional color manufacturing business from around 2004.

1. The Defendant: (a) had at the salt materials laboratory located in E University’s instruction and management; (b) had graduate students and university students belonging to E University participate in the research institute; (c) had the Institute submitted a bank passbook, cash card, etc. from the Institute; (d) created the appearance as if the said Institute had worked in G and received monthly wages; and (c) used the company’s funds for personal activities, meal costs, and operating expenses, etc. for any personal purpose unrelated to the company.

On April 2012, the Defendant: (a) transferred KRW 800,000,00, out of the funds of the Plaintiff to the KI’s cooperation account, and (b) during the course of carrying out the business of the Defendant’s funds on behalf of the said company, the Defendant: (c) did not have worked as a salt materials laboratory researcher; and (d) did not have worked in the G; (c) made false statements of the payment of daily labor costs from the company of ( state) as if the Plaintiff worked in the company of (state) as a day-to-day employee; and (d) transferred KRW 80,000,000, out of the funds of (State) G company to the KI’s cooperation account; and (e) made withdrawal using the KI’s account card that the Defendant kept in custody, and used it as a non-voluntary embezzlement, operating expenses, etc. with respect to any personal food activity that is irrelevant to the private company.

In addition, from March 25, 2010 to December 26, 2013, the Defendant embezzled total of KRW 117,035,180 through the cash cards of I, J, K, L, M, N, andO in the same manner as in attached Table 1.

2. Any person who violates the Electronic Financial Transactions Act shall be engaged in the use and management of access media;