South Korea ferry owner's body found

2014-07-22 07:29
(Yonhap, AP)

(Yonhap, AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Seoul - South Korean police believe they have found the body of a fugitive businessman who owned the Sewol ferry that sank in April killing hundreds, a report said on Tuesday.

A massive manhunt had been launched for billionaire Yoo Byung-eun, the 73-year-old owner of ferry operator Chonghaejin Marine Co, who went on the run shortly after the vessel sank killing over 300, most of them school children.

A body found last month by police has matched the DNA of Yoo's older brother, Yonhap news agency reported early on Tuesday, leading police to believe they have located the fugitive businessman's corpse.

Yonhap reported that the body was discovered on June 12 in a plum field in Suncheon, a city 300km south of Seoul.

"We carried out a DNA test after finding a dead body in Suncheon, and the results fairly matched that of Yoo's brother," a police official said, quoted by Yonhap. "We need to look more closely into this, but the body is believed to be Yoo's."

Yoo was wanted for questioning on possible charges of embezzlement and criminal negligence, as prosecutors investigate the extent to which the disaster was caused by a lack of safety standards and regulatory violations.

Read more on:    yoo byung-eun  |  south korea  |  ferry disasters

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Meet instagram star, Pumpkin the racoon

With 300 000 followers and growing Pumpkin is winning over the internet!



The cats that cost R35 000
Miley Cyrus can’t get enough of her new puppy
13 guilty pets
Meet SA's top poacher-catcher

Book flights

Compare, Book, Fly

Traffic Alerts

Plant some seeds. Your innovative mind is on fire and your ingenious ideas may just be the seeds for future projects. You may more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.