A South Korean court has convicted three relatives of the sunken ferry’s owner for corruption, about four months after the tycoon was found dead on the run.
The body of fugitive billionaire Yoo Byung-eun was discovered in rural South Korea in July after a massive manhunt. Authorities believe his alleged corruption likely contributed to April’s sinking that killed more than 300 people.
Incheon District Court said Yoo’s eldest son, Yoo Dae-gyun, was sentenced to three years in prison over embezzlement and breach of trust on Wednesday.
Court spokesman Jang Joon Ah said two brothers of Yoo Byung-eun were also convicted of similar corruption charges.
The Yoo family controlled the ferry operator through holding companies.
