Wednesday, July 23, 2014
Fugitive South Korean ferry owner found dead
The body of fugitive billionaire Yoo Byung-eun, who had been sought over April's ferry tragedy that left 300 dead, was found in a plum field in Suncheon, South Korea, according to police.
The badly decomposed body was found on June 12, local police station chief Wu Hyung-ho said, confirming that DNA and fingerprint samples taken from the body matched those of reported Sewol ferry owner Yoo Byung-eun.
Police and prosecutors have been seeking Yoo for weeks to question him regarding possible criminal negligence and embezzlement charges, and had offered a $500,000 reward. Yoo went missing shortly after the ferry sinking.
For more of the BBC story: bbc.com
More Newswire stories
APM Terminals to sell Virginia container terminal
Port Metro Vancouver truck drivers meet with government, ask for March deal to be enforced
Debt-ridden Horizon Lines in talks to sell Puerto Rican assets to Crowley
Argentina gets $7.5B loan from China for rail and power projects
Home | The Magazine | Conferences | Port Handbooks | Newswire | Advertise | Ocean Schedules | Contact
CBN Archives | About CBN | Subscribe to CBN | Marine Fuels Conference | Southeast Freight Conference | Heartland Shippers’ Conference | Port Productivity Conference | Pacific Northwest Ports Handbook
Golden Gates Ports Handbook | Southern California Ports Handbook | Buy Handbooks | Subscirbe to Newswire | Newswire Archives | Upload Files