10 years ago
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South Korea Ferry Probe: Cargo Was Three Times Recommended Maximum
Prosecutors expanded their investigation into the owner of the sunken South Korean passenger ferry on Wednesday as inspectors confirmed the cargo weight declared by the ship on its final voyage was three times the recommended maximum. Officials from Chonghaejin Marine Co., the operator of the ferry, were banned from leaving the country as investigators raided the offices of the company, its affiliates, the residence of the firm's owner, as well as other companies he owns.
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http://online.wsj.com
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These Chonghaejin Marine Co owners are in hot water and should be.