S.Korean Prosecutors Raid Family Home Of Ill-Fated Ferry’s Owner

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Prosecutors investigating the fatal sinking of a South Korean ferry have raided the home of Yoo Byung-un, the head of a family that owns the Chonghaejin Marine Co. Ltd, the company that operated the ship. Kim Hoe-Jong, a prosecutor on the case, said Wednesday’s raid was part of a probe into “overall corruption in management”.