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Death of South Korea ferry boss confirmed

South Korean police has said that a body found last month in the south of the country belonged to a fugitive businessman who headed the family that owned the operator of a ferry that capsized in April, killing more than 300 people.

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More than 300 unaccounted for off South Korean coast

More than 300 people were unaccounted for missing from a ferry sinking off the southwest coast, the South Korean coast guard said in a dramatic increase in the number of missing that had been announced earlier.

South Korean coast guard officers tried to rescue passengers from ferry Sewol in the water off the southern coast near Jindo, south of Seoul, South Korea.

The ferry Sewol sank off the southern coast near Jindo, south of Seoul, South Korea. Credit: Google Maps

The passenger ferry was carrying 477 people, of whom 164 were confirmed rescued, coast guard officials said. Two people were confirmed dead after the ferry listed heavily onto its side and capsized in apparently calm conditions.

South Korea's Ministry of Security and Public Administration had reported that 368 people had been rescued and about 100 were still missing but later said those numbers had been miscalculated.

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