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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SK president accepts PM resignation over ferry tragedy

South Korea's president has accepted her prime minister's resignation over the government's handling of a deadly ferry sinking.

South Korea's president has accepted her prime minister's resignation. Credit: Reuters

Park Geun-hye did not set a last day in office for Prime Minister Chung Hong-won, who offered his resignation today and blamed "deep-rooted evils" in society for the tragedy, which has left more than 300 people dead or missing.

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