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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Ferry falls below surface off coast of South Korea

There was a loud impact and noise before the ferry off a coast of South Korea began sinking, a passenger who had been rescued from the vessel told YTN news television.

A rescue operation is underway off the coast of South Korea. Credit: APTN

One person has been found dead in the ferry wreckage, according to a coast guard official.

The ferry is almost all below the surface of the water off the coast of South Korea. Credit: APTN

The president of South Korea, Park Geun-hye, earlier ordered all available vessels and special operations divers to the rescue operation.

100s of students and teachers have been rescued from the ferry, according to reports. Credit: APTN

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