Seven people who helped Gyeongnam Bank executives in embezzlement of 300 billion won were all sentenced to prison in the second trial.

All seven people who were handed over to trial for laundering money stolen by the main culprit of the embezzlement of BNK Gyeongnam Bank were also sentenced to prison in the second trial.

On the 6th, the Seoul Central District Court sentenced seven people, including Kim, to six months to one year and four months in prison on charges of violating the Crime Profit Concealment Regulation Act.

The court sentenced some defendants who reimbursed the bank for the proceeds of the crime to a reduced sentence of two to eight months from the first trial.

Kim and others were put on trial on charges of laundering funds embezzled by Lee, former head of investment finance at Kyungnam Bank, by buying and selling gift certificates and converting them into cash.

Lee was arrested and charged with embezzling more than 300 billion won, including funds related to project financing loans, which he managed from 2008 to 2022, and sentenced to 35 years in prison in the first trial in August.