The body of the fugitive ferry tycoon, head of the Sewol owner family, found decomposed

By Accidents

A heavily decomposed body, that was found on June 12 in South Korea by the police, has been identified as Yoo Byung-un. The tests showed matches in the DNA and the fingerprints.

According to the police, the search for the billionaire, aged 73, was the largest manhunt ever in the country. The family of Yoo Byung-un is owner of Chonghaejin Marine Co, operator of the sunken ferry Sewol.

The corpse was recovered badly decomposed in Suncheon (186 miles of Seoul) from a plum field. The tycoon ran away shortly after a summons was issued for him because of the disaster with the Sewol ferry on April 16. The authorities were offering a reward of 500 million won, $490,000, for any information of Yoo Byung-un and 100 million won for Yoo Dae-Kyun, his eldest son. Arrested so far are the wife and the brother of Yoo Byung-un while one of his daughters is fighting an extradition bid from France.

The Sewol ferry capsized with 476 passengers on board. The dead toll of the disaster by now is 294, 10 are still missing.

The Sewol captain and 14 crew members are on trial. Having been charged of willful homicide, some of them may face dead sentence.

Sewol ferry disaster