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April 23rd, 2014
10:53 PM ET

Investigators raid South Korean ferry owner's offices

Questions are growing about the owner of the sunken South Korea ferry. South Korean authorities searched the offices of the owner of the on Wednesday, prosecutors confirmed to CNN, broadening a criminal investigation that has already ensnared 11 members of the ill-fated ship's crew.

The owner is a mysterious millionaire, who is rarely seen in public.

Recently his company had fallen on hard times.

CNN's Kyung Lah has the story.
Filed under: International • News • South Korean ferry sinking
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