South Korea boosts reward for tips on ferry owner (11)

The Hindu 2014.05.26 07:31
AP South Korea has boosted to half a million dollars a reward for tips about the mysterious billionaire who prosecutors say owns a ferry that sank last month, police said Monday. The ten-fold increase in the reward comes as officials struggle to find Yoo Byung-eun on allegations of tax evasion, embezzlement and professional negligence.
EMBEZZLEMENT, REWARD, FERRY, PROSECUTOR, FOLD, BOUNTY, Chonghaejin Marine Co.