1. The Defendant shall pay to the Plaintiff KRW 26,50,000 and the interest rate of KRW 15% per annum from March 11, 2016 to the day of complete payment.

There is no dispute between the parties, or according to the purport of Gap evidence 1 through 3 (including each number), and the whole pleadings, the following facts are acknowledged:

C determined on March 10, 201 as the due date for repayment of KRW 6,500,000 on December 7, 2011 to the Defendant; and the amount of KRW 10,000,000 on April 5, 201 as the due date for repayment of KRW 5,000 on January 5, 2013; and the amount of KRW 10,000,00 on May 15, 201 as the due date for repayment of KRW 10,000 on January 15, 2013 was determined and lent to the Plaintiff; and C transferred each of the said loans against the Defendant to the Defendant on February 11, 2016 to the Defendant and notified the Defendant thereof on February 15, 2016.

Although there is no evidence to acknowledge that the defendant repaid a significant portion of the above borrowed money, the defendant did not appear on the date of pleading.

The defendant's defense is not accepted.

The defendant is obligated to pay to the plaintiff the total sum of KRW 26,50,000 as well as damages for delay calculated at the rate of 15% per annum under the Act on Special Cases concerning Expedition, etc. of Legal Proceedings from March 11, 2016 to the date of full payment, as the plaintiff seeks.