Sewol ferry owner's son to be extradited from U.S.
Published: 03 Aug. 2023, 12:51
![Yoo Hyuk-gi, accused of embezzling some 29 billion won ($22 million) as a de facto controlling stockholder of the Chonghaejin Marine Company that operated the Sewol ferry that sunk and killed over 300 people, mostly young students, will be repatriated to Korea this week. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2023/08/03/6b34d81a-3dde-4f2e-b3be-404e9dfa05a2.jpg)
Yoo Hyuk-gi, accused of embezzling some 29 billion won ($22 million) as a de facto controlling stockholder of the Chonghaejin Marine Company that operated the Sewol ferry that sunk and killed over 300 people, mostly young students, will be repatriated to Korea this week. [YONHAP]
Yoo is expected to land at Incheon International Airport at 5:20 a.m. on Friday, according to the Ministry of Justice in Seoul. He is accused of embezzling some 29 billion won ($22 million) as a de facto controlling stockholder of the Chonghaejin Marine Company that operated the ferry.
Yoo was arrested in the United States in July 2020 after Korea placed him on Interpol's wanted list.
His father was the de facto owner of the Sewol ferry, whose tragic sinking in 2014 killed more than 300 people, many of them students on a school trip. The Chonghaejin Marine Company, where Yoo's father was the president, had enlarged and renovated the ship too much and let the overloaded ferry sail.
Yoo Byung-eun evaded authorities for three months after the sinking but was found dead in a field in Suncheon, South Jeolla.
BY ESTHER CHUNG [chung.juhee@joongang.co.kr]
with the Korea JoongAng Daily
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