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.

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."