The Defendants are not guilty. The summary of each acquittal judgment against the Defendants is publicly announced.

1. Around May 2005, the summary of the facts charged was designated by Seodaemun-gu Seoul as the K Housing Environment Improvement Zone, and the Seodaemun-gu Office decided to implement the K Residential Environment Improvement Project (hereinafter “instant project”) in a way that the land owners improve their own houses by leaving the state-owned land to the above Livers around July 2007.

Around November 209, N operating M Co., Ltd. (hereinafter referred to as “M”) intended to promote the construction of multi-unit housing, which is a part of residential environment improvement projects, on behalf of the residents of the above L, around November 2009. From around that time to November 20, 2009, N decided to vicariously implement multi-unit housing construction projects, which is a part of the project of this case, 1 through 7 in the list of crimes, among the persons who obtained L’s land from around that time, 200 to around July 20, 209, 7 in the separate list of crimes, and 7 in the above prop 1 through 7 in the separate list of crimes, with the authority delegated by M to the trust company designated by M to entrust the above land with all of the rights related to the land and its business (hereinafter referred to as “the joint agreement of this case”) and to construct multi-unit housing on the above land, and the aforementioned persons designated by Q No. 1 and 200 (hereinafter referred to as “the aforementioned public trust agreement”).