Defendant

A Imprisonment with prison labor of four years and fines of 110 million won, and Defendant B shall be punished by imprisonment with prison labor of one year.

Defendant

A above.

Punishment of the crime

Defendant

A As the president of the E-tourism Development Project Association established under the Urban Development Act (hereinafter “instant Association”), a person who represents the association and takes overall control over the affairs of the association, serves as the president of the general assembly and the board of directors, and Defendant B is the co-representative of the F Co., Ltd. (hereinafter “F”).

1. Defendant A

A. On June 19, 2008, the Defendant: (a) received government subsidies from the instant association located on five floors in Seo-gu Daejeon Building, Seo-gu; (b) demanded that B lend KRW 300 million as the operating expenses of the association, such as design cost of KRW 150 million; and (c) five promissory notes issued in the name of F with a face value of KRW 30 million in loan borrowed from B (The Promissory Notes No. 1: H, I, J, K, and L Total KRW 150 million, which are KRW 100,000,000,000 for the victim association. The Defendant granted the said promissory notes to the Defendant under the name of repayment of his personal debt to the Plaintiff; (d) provided that the Defendant shall undergo a separate resolution of the board of directors on the amount of KRW 150,500,000,000,000 for the benefit of the association; and (e) provided that the Defendant shall be paid to the said association’s executive officer under the Articles of association. 216.