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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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Ferry company 'raided' as death toll rises again

A flag depicting the company logo of Chonghaejin Marine Co flutters on a ferry. Credit: Reuters

Investigators have raided the offices of the operators of the sunken Sewol ferry, according to South Korean media, as a probe continues into the causes of the disaster.

Yonhap news agency says the residence of Cheonghaejin Marine Co's owner has also been raided as well as "some 20 offices of its affiliates and religious groups believed to be related to the owner family in Seoul and the city of Incheon".

The agency also said the number of confirmed dead had risen to 150 as more bodies were recovered from the ship.

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