Appeal Filed Against 10-Year Prison Sentence for Gangdong District Office Official Embezzling 11.5 Billion Won

Gangdong-gu Office Official Sentenced to 10 Years in First Trial

[Image source=Yonhap News]

[Asia Economy Reporter Jang Sehee] The prosecution has appealed the first trial verdict of Kim Mo (47), a Grade 7 public official at Gangdong District Office in Seoul, who is accused of embezzling 11.5 billion KRW of public funds.

According to the legal community on the 16th, the prosecution filed an appeal yesterday with the 12th Criminal Division of the Seoul Eastern District Court, the first trial court handling Kim’s case, who was indicted on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement) and forgery of official documents. On the 9th, the first trial court sentenced Kim to 10 years in prison and also ordered the confiscation of approximately 7.6 billion KRW.

Kim is accused of embezzling the entire 11.5 billion KRW in waste disposal facility installation contributions paid by Seoul Housing & Communities Corporation (SH) to Gangdong District Office from December 2019 to February last year, and using the funds for stock investments and personal debt repayment. Kim also allegedly falsified internal settlement and performance reports at the district office to conceal the embezzlement.

Kim has returned 3.8 billion KRW of the embezzled 11.5 billion KRW, and it has been confirmed that most of the remaining 7.7 billion KRW was lost through stock investments.