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Arirang News

Eldest son of ferry owner formally indicted along with female bodyguard

We start this morning with the latest developments on the investigation into April's ferry disaster. A court in the western port city of Incheon has issued a warrant to formally arrest Yoo Dae-kyun , the detained son of the owner of the Sewol-ho, on charges of embezzlement that the authorities say was partly to blame for the sinking that left over 300 people dead or missing. Mr. Yoo was indicted on charges of misappropriating more than nine-and-a-half million U.S. dollars of funds of the ferry operator and its affiliates. The court allowed the detainment of a female bodyguard who helped Mr. Yoo avoid the authorities for months. Police are still trying to track down the driver o...