Bank Embezzlement by Nonghyup Employee to Repay Personal Debt Results in Suspended Sentence
[Asia Economy Yeongnam Reporting Headquarters Reporter Jucheol In] A 30-year-old NongHyup employee who withdrew tens of millions of won from bank funds for personal use was sentenced to a suspended prison term.
On the 30th, Kim Minsang, Chief Judge of Criminal Division 1 at Changwon District Court, announced that he sentenced NongHyup employee A (32), who was tried on charges of embezzlement in the course of duty, to 6 months in prison with a 1-year suspension.
A was an employee managing funds at a NongHyup branch in Gimhae, Gyeongnam, and from May to July, withdrew 44 million won in five installments to repay debts and for other uses.
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Chief Judge Kim stated, "The sentence is determined considering the fact that the damage was compensated and an agreement was reached, and that this is a first offense."
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